State Street Consumer Staples Select Sector SPDR ETF
1,066 hedge funds and large institutions have $14.5B invested in State Street Consumer Staples Select Sector SPDR ETF in 2023 Q1 according to their latest regulatory filings, with 109 funds opening new positions, 364 increasing their positions, 441 reducing their positions, and 132 closing their positions.
2.82% less ownership
Funds ownership: 86.68% → 83.86% (-2.8%)
4% less funds holding
Funds holding: 1,113 → 1,066 (-47)
7% less capital invested
Capital invested by funds: $15.6B → $14.5B (-$1.1B)
17% less first-time investments, than exits
New positions opened: 109 | Existing positions closed: 132
17% less repeat investments, than reductions
Existing positions increased: 364 | Existing positions reduced: 441
27% less call options, than puts
Call options by funds: $488M | Put options by funds: $668M
30% less funds holding in top 10
Funds holding in top 10: 73 → 51 (-22)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$343M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$225M |
| 3 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$136M |
| 4 |
Two Sigma Advisers
New York
|
+$118M |
| 5 |
Two Sigma Investments
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$430M |
| 2 |
Morgan Stanley
New York
|
-$334M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$259M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$192M |
| 5 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
-$174M |
XLP Hedge Fund Activity: Q1 2023 in Review
1,066 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street Consumer Staples Select Sector SPDR ETF (XLP) for Q1 2023, worth a combined $14.5B — down 7% from $15.6B a quarter earlier.
Sellers outnumbered buyers: 132 funds closed out of XLP and 109 opened new positions — a net loss of 23 holders — while 441 trimmed existing stakes and 364 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $343M. The largest seller was Citigroup, cutting an estimated $430M.
- 1,066 institutional investors held State Street Consumer Staples Select Sector SPDR ETF (XLP) as of Q1 2023, down from 1,113 in Q4 2022.
- Funds reported $14.5B of State Street Consumer Staples Select Sector SPDR ETF stock for Q1 2023, down 7% quarter-over-quarter.
- 109 funds opened new State Street Consumer Staples Select Sector SPDR ETF positions in Q1 2023 and 132 closed out, a net change of -23 holders.
- The largest State Street Consumer Staples Select Sector SPDR ETF buyer in Q1 2023 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $343M added.
- The largest State Street Consumer Staples Select Sector SPDR ETF seller in Q1 2023 was Citigroup, an estimated $430M sold.
Based on aggregated 13F filings for Q1 2023.