State Street Technology Select Sector SPDR ETF
XLK
1,959 hedge funds and large institutions have $35.5B invested in State Street Technology Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 163 funds opening new positions, 726 increasing their positions, 729 reducing their positions, and 90 closing their positions.
81% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 90
8% more capital invested
Capital invested by funds: $32.8B → $35.5B (+$2.72B)
3% more funds holding
Funds holding: 1,909 → 1,959 (+50)
0% less repeat investments, than reductions
Existing positions increased: 726 | Existing positions reduced: 729
1.38% less ownership
Funds ownership: 55.83% → 54.45% (-1.4%)
7% less funds holding in top 10
Funds holding in top 10: 206 → 191 (-15)
29% less call options, than puts
Call options by funds: $2B | Put options by funds: $2.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$175M |
| 2 |
Barclays
London,
United Kingdom
|
+$160M |
| 3 |
LPL Financial
San Diego,
California
|
+$114M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$113M |
| 5 |
BlackRock
New York
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$211M |
| 2 |
Two Sigma Investments
New York
|
-$190M |
| 3 |
Two Sigma Advisers
New York
|
-$172M |
| 4 |
Goldman Sachs
New York
|
-$107M |
| 5 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$69.3M |
XLK Hedge Fund Activity: Q1 2024 in Review
1,959 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q1 2024, worth a combined $35.5B — up 8.3% from $32.8B a quarter earlier.
Buyers outnumbered sellers: 163 funds opened new XLK positions and 90 closed out — a net gain of 73 holders — while 726 added to existing stakes and 729 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $175M. The largest seller was Morgan Stanley, cutting an estimated $211M.
- 1,959 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q1 2024, up from 1,909 in Q4 2023.
- Funds reported $35.5B of State Street Technology Select Sector SPDR ETF stock for Q1 2024, up 8.3% quarter-over-quarter.
- 163 funds opened new State Street Technology Select Sector SPDR ETF positions in Q1 2024 and 90 closed out, a net change of +73 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q1 2024 was Bank of Montreal, an estimated $175M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q1 2024 was Morgan Stanley, an estimated $211M sold.
Based on aggregated 13F filings for Q1 2024.