State Street Consumer Staples Select Sector SPDR ETF

XLP

Market cap $14.2B

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.