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State Street Technology Select Sector SPDR ETF

1,955 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 162 funds opening new positions, 725 increasing their positions, 727 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 90

3% more funds holding

Funds holding: 1,9061,955 (+49)

1% more capital invested

Capital invested by funds: $35.1B → $35.5B (+$334M)

0% less repeat investments, than reductions

Existing positions increased: 725 | Existing positions reduced: 727

7% less funds holding in top 10

Funds holding in top 10: 205190 (-15)

9.91% less ownership

Funds ownership: 119.63%109.73% (-9.9%)

29% less call options, than puts

Call options by funds: $2B | Put options by funds: $2.8B

Holders
1,955
Holders Change
+49
Holders Change %
+2.57%
% of All Funds
28.16%
Holding in Top 10
190
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-7.32%
% of All Funds
2.74%
New
162
Increased
725
Reduced
727
Closed
90
Calls
$2B
Puts
$2.8B
Net Calls
-$804M
Net Calls Change
+$1.19B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.7B +$81.6M +806,722 +3%
Wells Fargo
2
Wells Fargo
California
$2.22B -$12.6M -124,620 -0.6%
Morgan Stanley
3
Morgan Stanley
New York
$1.87B -$2.24B -22,150,768 -55%
LPL Financial
4
LPL Financial
California
$1.43B +$114M +1,131,298 +9%
UBS Group
5
UBS Group
Switzerland
$1.06B +$36.5M +361,226 +4%
CM
6
Churchill Management
California
$1.05B +$40.2M +397,782 +4%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$1.04B -$25.1M -248,424 -2%
Goldman Sachs
8
Goldman Sachs
New York
$903M -$107M -1,060,220 -11%
Ameriprise
9
Ameriprise
Minnesota
$819M +$60.5M +598,492 +8%
RJA
10
Raymond James & Associates
Florida
$715M -$29.8M -295,152 -4%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$600M -$57.1M -564,650 -9%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$590M -$54.9M -542,742 -9%
Truist Financial
13
Truist Financial
North Carolina
$586M -$58M -573,550 -9%
BlackRock
14
BlackRock
New York
$563M +$113M +1,117,716 +26%
Charles Schwab
15
Charles Schwab
California
$549M +$20.8M +205,472 +4%
NAM
16
Nissay Asset Management
Japan
$469M
WA
17
WestEnd Advisors
North Carolina
$450M -$34.1M -337,408 -7%
CAPTRUST Financial Advisors
18
CAPTRUST Financial Advisors
North Carolina
$343M +$15.5M +153,130 +5%
FMI
19
Factory Mutual Insurance
Massachusetts
$335M +$3.62M +35,800 +1%
AM
20
AGF Management
Ontario, Canada
$332M +$28.9M +285,476 +10%
JP Morgan Chase
21
JP Morgan Chase
New York
$326M +$27.1M +267,904 +9%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$320M +$175M +1,731,536 +131%
PCH
23
PGIM Custom Harvest
New Jersey
$320M +$40.3M +398,136 +15%
Northern Trust
24
Northern Trust
Illinois
$292M -$346K -3,424 -0.1%
US Bancorp
25
US Bancorp
Minnesota
$287M -$1.43M -14,168 -0.5%

XLK Hedge Fund Activity: Q1 2024 in Review

1,955 of the 6,943 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 0.95% from $35.1B a quarter earlier.

Buyers outnumbered sellers: 162 funds opened new XLK positions and 90 closed out — a net gain of 72 holders — while 725 added to existing stakes and 727 trimmed.

The largest buyer was Global Assets Advisory, opening a new position worth an estimated $277M. The largest seller was Morgan Stanley, cutting an estimated $2.24B.

  • 1,955 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q1 2024, up from 1,906 in Q4 2023.
  • Funds reported $35.5B of State Street Technology Select Sector SPDR ETF stock for Q1 2024, up 0.95% quarter-over-quarter.
  • 162 funds opened new State Street Technology Select Sector SPDR ETF positions in Q1 2024 and 90 closed out, a net change of +72 holders.
  • The largest State Street Technology Select Sector SPDR ETF buyer in Q1 2024 was Global Assets Advisory, an estimated $277M added.
  • The largest State Street Technology Select Sector SPDR ETF seller in Q1 2024 was Morgan Stanley, an estimated $2.24B sold.

Based on aggregated 13F filings for Q1 2024.