State Street Real Estate Select Sector SPDR ETF
XLRE
450 hedge funds and large institutions have $1.36B invested in State Street Real Estate Select Sector SPDR ETF in 2021 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 148 increasing their positions, 132 reducing their positions, and 53 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
64% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 53
14% more call options, than puts
Call options by funds: $8.45M | Put options by funds: $7.44M
12% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 132
8% more capital invested
Capital invested by funds: $1.25B → $1.36B (+$101M)
7% more funds holding
Funds holding: 422 → 450 (+28)
1.74% less ownership
Funds ownership: 55.83% → 54.1% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$102M |
| 2 |
LPL Financial
San Diego,
California
|
+$11.8M |
| 3 |
Goldman Sachs
New York
|
+$10.3M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$8.82M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$79.2M |
| 2 |
Millennium Management
New York
|
-$37.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$17M |
| 4 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$15.1M |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$10M |
XLRE Hedge Fund Activity: Q1 2021 in Review
450 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q1 2021, worth a combined $1.36B — up 8.1% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new XLRE positions and 53 closed out — a net gain of 34 holders — while 148 added to existing stakes and 132 trimmed.
The largest buyer was Ontario Teachers' Pension Plan Board, opening a new position worth an estimated $102M. The largest seller was Morgan Stanley, cutting an estimated $79.2M.
- 450 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q1 2021, up from 422 in Q4 2020.
- Funds reported $1.36B of State Street Real Estate Select Sector SPDR ETF stock for Q1 2021, up 8.1% quarter-over-quarter.
- 87 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q1 2021 and 53 closed out, a net change of +34 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q1 2021 was Ontario Teachers' Pension Plan Board, an estimated $102M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q1 2021 was Morgan Stanley, an estimated $79.2M sold.
Based on aggregated 13F filings for Q1 2021.