State Street Real Estate Select Sector SPDR ETF
XLRE
585 hedge funds and large institutions have $3.01B invested in State Street Real Estate Select Sector SPDR ETF in 2023 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 216 increasing their positions, 209 reducing their positions, and 75 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 209
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
2.3% less ownership
Funds ownership: 66.55% → 64.24% (-2.3%)
4% less funds holding
Funds holding: 612 → 585 (-27)
8% less capital invested
Capital invested by funds: $3.27B → $3.01B (-$262M)
13% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 75
51% less call options, than puts
Call options by funds: $14.8M | Put options by funds: $30M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$144M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$25.5M |
| 3 |
Two Sigma Advisers
New York
|
+$25.4M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$16.5M |
| 5 |
Squarepoint
New York
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$181M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$105M |
| 3 |
JP Morgan Chase
New York
|
-$91.4M |
| 4 |
CCWM
Cassaday & Co Wealth Management
Mclean,
Virginia
|
-$28.3M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$26.3M |
XLRE Hedge Fund Activity: Q1 2023 in Review
585 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q1 2023, worth a combined $3.01B — down 8% from $3.27B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of XLRE and 65 opened new positions — a net loss of 10 holders — while 209 trimmed existing stakes and 216 added.
The largest buyer was Creative Planning, adding an estimated $144M. The largest seller was Bank of America, cutting an estimated $181M.
- 585 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q1 2023, down from 612 in Q4 2022.
- Funds reported $3.01B of State Street Real Estate Select Sector SPDR ETF stock for Q1 2023, down 8% quarter-over-quarter.
- 65 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q1 2023 and 75 closed out, a net change of -10 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q1 2023 was Creative Planning, an estimated $144M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q1 2023 was Bank of America, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2023.