State Street Real Estate Select Sector SPDR ETF
XLRE
587 hedge funds and large institutions have $2.72B invested in State Street Real Estate Select Sector SPDR ETF in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 219 increasing their positions, 201 reducing their positions, and 69 closing their positions.
2.5% more ownership
Funds ownership: 63.81% → 66.31% (+2.5%)
9% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 201
3% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 69
1% less funds holding
Funds holding: 591 → 587 (-4)
8% less capital invested
Capital invested by funds: $2.95B → $2.72B (-$232M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
29% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $24.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$144M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$26.1M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$25.4M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$16.9M |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$38.2M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$34.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.3M |
| 4 |
CCM
Cullen Capital Management
New York
|
-$24.8M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$21.4M |
XLRE Hedge Fund Activity: Q3 2023 in Review
587 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q3 2023, worth a combined $2.72B — down 7.9% from $2.95B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new XLRE positions and 69 closed out — a net gain of 2 holders — while 219 added to existing stakes and 201 trimmed.
The largest buyer was Creative Planning, adding an estimated $144M. The largest seller was Millennium Management, cutting an estimated $38.2M.
- 587 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q3 2023, down from 591 in Q2 2023.
- Funds reported $2.72B of State Street Real Estate Select Sector SPDR ETF stock for Q3 2023, down 7.9% quarter-over-quarter.
- 71 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q3 2023 and 69 closed out, a net change of +2 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q3 2023 was Creative Planning, an estimated $144M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q3 2023 was Millennium Management, an estimated $38.2M sold.
Based on aggregated 13F filings for Q3 2023.