State Street Real Estate Select Sector SPDR ETF
XLRE
679 hedge funds and large institutions have $4.16B invested in State Street Real Estate Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 160 funds opening new positions, 214 increasing their positions, 216 reducing their positions, and 59 closing their positions.
171% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 59
129% more funds holding in top 10
Funds holding in top 10: 7 → 16 (+9)
53% more capital invested
Capital invested by funds: $2.72B → $4.16B (+$1.44B)
16% more funds holding
Funds holding: 587 → 679 (+92)
6.06% more ownership
Funds ownership: 66.31% → 72.37% (+6.1%)
1% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 216
13% less call options, than puts
Call options by funds: $32.5M | Put options by funds: $37.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$198M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$171M |
| 3 |
CCWM
Cassaday & Co Wealth Management
Mclean,
Virginia
|
+$84M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$43.8M |
| 5 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$32.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$14.8M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$11.1M |
| 3 |
GB
Gunma Bank
Gunma,
Japan
|
-$7.84M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.69M |
| 5 |
Goldman Sachs
New York
|
-$6.67M |
XLRE Hedge Fund Activity: Q4 2023 in Review
679 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q4 2023, worth a combined $4.16B — up 53% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 160 funds opened new XLRE positions and 59 closed out — a net gain of 101 holders — while 214 added to existing stakes and 216 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $198M. The largest seller was Flagship Harbor Advisors, cutting an estimated $14.8M.
- 679 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q4 2023, up from 587 in Q3 2023.
- Funds reported $4.16B of State Street Real Estate Select Sector SPDR ETF stock for Q4 2023, up 53% quarter-over-quarter.
- 160 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q4 2023 and 59 closed out, a net change of +101 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q4 2023 was Migdal Insurance & Financial Holdings, an estimated $198M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q4 2023 was Flagship Harbor Advisors, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2023.