State Street Real Estate Select Sector SPDR ETF
XLRE
585 hedge funds and large institutions have $2.99B invested in State Street Real Estate Select Sector SPDR ETF in 2022 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 238 increasing their positions, 189 reducing their positions, and 89 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 189
0.16% less ownership
Funds ownership: 65.8% → 65.64% (-0.16%)
7% less funds holding
Funds holding: 632 → 585 (-47)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
12% less capital invested
Capital invested by funds: $3.41B → $2.99B (-$420M)
44% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 89
60% less call options, than puts
Call options by funds: $19.4M | Put options by funds: $48.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$43.5M |
| 2 |
Millennium Management
New York
|
+$38.9M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$33.5M |
| 4 |
LPL Financial
San Diego,
California
|
+$23M |
| 5 |
Goldman Sachs
New York
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$40.9M |
| 2 |
CCM
Cullen Capital Management
New York
|
-$34.3M |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$17.4M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$15.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.6M |
XLRE Hedge Fund Activity: Q3 2022 in Review
585 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q3 2022, worth a combined $2.99B — down 12% from $3.41B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of XLRE and 50 opened new positions — a net loss of 39 holders — while 189 trimmed existing stakes and 238 added.
The largest buyer was Bank of America, adding an estimated $43.5M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $40.9M sold.
- 585 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q3 2022, down from 632 in Q2 2022.
- Funds reported $2.99B of State Street Real Estate Select Sector SPDR ETF stock for Q3 2022, down 12% quarter-over-quarter.
- 50 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q3 2022 and 89 closed out, a net change of -39 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q3 2022 was Bank of America, an estimated $43.5M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q3 2022 was Bank of Nova Scotia, an estimated $40.9M sold.
Based on aggregated 13F filings for Q3 2022.