State Street Technology Select Sector SPDR ETF
XLK
2,007 hedge funds and large institutions have $38B invested in State Street Technology Select Sector SPDR ETF in 2024 Q2 according to their latest regulatory filings, with 153 funds opening new positions, 755 increasing their positions, 701 reducing their positions, and 81 closing their positions.
89% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 81
7% more capital invested
Capital invested by funds: $35.5B → $38B (+$2.52B)
3% more funds holding
Funds holding: 1,955 → 2,007 (+52)
2% more funds holding in top 10
Funds holding in top 10: 190 → 194 (+4)
8% more repeat investments, than reductions
Existing positions increased: 755 | Existing positions reduced: 701
0.99% less ownership
Funds ownership: 109.73% → 108.74% (-0.99%)
21% less call options, than puts
Call options by funds: $3.3B | Put options by funds: $4.17B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$233M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$176M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$165M |
| 4 |
Morgan Stanley
New York
|
+$102M |
| 5 |
Two Sigma Advisers
New York
|
+$95.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$256M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
-$152M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$128M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$86M |
| 5 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$79.7M |
XLK Hedge Fund Activity: Q2 2024 in Review
2,007 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q2 2024, worth a combined $38B — up 7.1% from $35.5B a quarter earlier.
Buyers outnumbered sellers: 153 funds opened new XLK positions and 81 closed out — a net gain of 72 holders — while 755 added to existing stakes and 701 trimmed.
The largest buyer was Strategic Financial Concepts, adding an estimated $233M. The largest seller was BlackRock, cutting an estimated $256M.
- 2,007 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q2 2024, up from 1,955 in Q1 2024.
- Funds reported $38B of State Street Technology Select Sector SPDR ETF stock for Q2 2024, up 7.1% quarter-over-quarter.
- 153 funds opened new State Street Technology Select Sector SPDR ETF positions in Q2 2024 and 81 closed out, a net change of +72 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q2 2024 was Strategic Financial Concepts, an estimated $233M added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q2 2024 was BlackRock, an estimated $256M sold.
Based on aggregated 13F filings for Q2 2024.