State Street Consumer Staples Select Sector SPDR ETF
XLP
1,077 hedge funds and large institutions have $14.1B invested in State Street Consumer Staples Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 112 funds opening new positions, 422 increasing their positions, 386 reducing their positions, and 94 closing their positions.
19% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 94
1% more funds holding
Funds holding: 1,066 → 1,077 (+11)
9% more repeat investments, than reductions
Existing positions increased: 422 | Existing positions reduced: 386
3% less capital invested
Capital invested by funds: $14.5B → $14.1B (-$407M)
2% less funds holding in top 10
Funds holding in top 10: 51 → 50 (-1)
2.86% less ownership
Funds ownership: 83.86% → 81% (-2.9%)
28% less call options, than puts
Call options by funds: $406M | Put options by funds: $567M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
+$229M |
| 2 |
Morgan Stanley
New York
|
+$201M |
| 3 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$182M |
| 4 |
D.E. Shaw & Co
New York
|
+$131M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$85.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$397M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$160M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$147M |
| 4 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$139M |
| 5 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$125M |
XLP Hedge Fund Activity: Q2 2023 in Review
1,077 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street Consumer Staples Select Sector SPDR ETF (XLP) for Q2 2023, worth a combined $14.1B — down 2.8% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new XLP positions and 94 closed out — a net gain of 18 holders — while 422 added to existing stakes and 386 trimmed.
The largest buyer was WestEnd Advisors, opening a new position worth an estimated $229M. The largest seller was Bank of America, cutting an estimated $397M.
- 1,077 institutional investors held State Street Consumer Staples Select Sector SPDR ETF (XLP) as of Q2 2023, up from 1,066 in Q1 2023.
- Funds reported $14.1B of State Street Consumer Staples Select Sector SPDR ETF stock for Q2 2023, down 2.8% quarter-over-quarter.
- 112 funds opened new State Street Consumer Staples Select Sector SPDR ETF positions in Q2 2023 and 94 closed out, a net change of +18 holders.
- The largest State Street Consumer Staples Select Sector SPDR ETF buyer in Q2 2023 was WestEnd Advisors, an estimated $229M added.
- The largest State Street Consumer Staples Select Sector SPDR ETF seller in Q2 2023 was Bank of America, an estimated $397M sold.
Based on aggregated 13F filings for Q2 2023.