State Street Real Estate Select Sector SPDR ETF
XLRE
422 hedge funds and large institutions have $1.25B invested in State Street Real Estate Select Sector SPDR ETF in 2020 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 131 increasing their positions, 138 reducing their positions, and 51 closing their positions.
51% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 51
5% more funds holding
Funds holding: 402 → 422 (+20)
5% less capital invested
Capital invested by funds: $1.32B → $1.25B (-$62.8M)
5% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 138
1.27% less ownership
Funds ownership: 57.1% → 55.83% (-1.3%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
73% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $9.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$79.7M |
| 2 |
Millennium Management
New York
|
+$36.8M |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$10.1M |
| 4 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
+$9.36M |
| 5 |
CI
CX Institutional
Auburn,
Indiana
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$209M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$22.9M |
| 3 |
LPL Financial
San Diego,
California
|
-$10.1M |
| 4 |
BlackRock
New York
|
-$9.29M |
| 5 |
HF
HRT Financial
New York
|
-$8.06M |
XLRE Hedge Fund Activity: Q4 2020 in Review
422 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q4 2020, worth a combined $1.25B — down 4.8% from $1.32B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new XLRE positions and 51 closed out — a net gain of 26 holders — while 131 added to existing stakes and 138 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $79.7M. The largest seller was Bank of America, cutting an estimated $209M.
- 422 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q4 2020, up from 402 in Q3 2020.
- Funds reported $1.25B of State Street Real Estate Select Sector SPDR ETF stock for Q4 2020, down 4.8% quarter-over-quarter.
- 77 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q4 2020 and 51 closed out, a net change of +26 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q4 2020 was Morgan Stanley, an estimated $79.7M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q4 2020 was Bank of America, an estimated $209M sold.
Based on aggregated 13F filings for Q4 2020.