State Street Utilities Select Sector SPDR ETF
801 hedge funds and large institutions have $9.9B invested in State Street Utilities Select Sector SPDR ETF in 2020 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 256 increasing their positions, 295 reducing their positions, and 134 closing their positions.
31% more capital invested
Capital invested by funds: $7.58B → $9.9B (+$2.31B)
24.52% more ownership
Funds ownership: 152.49% → 177% (+25%)
12% more call options, than puts
Call options by funds: $2.2B | Put options by funds: $1.97B
4% less funds holding
Funds holding: 836 → 801 (-35)
13% less repeat investments, than reductions
Existing positions increased: 256 | Existing positions reduced: 295
22% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 134
45% less funds holding in top 10
Funds holding in top 10: 49 → 27 (-22)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$1.9B |
| 2 |
Citigroup
New York
|
+$519M |
| 3 |
Barclays
London,
United Kingdom
|
+$406M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$258M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$151M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$526M |
| 2 |
JSAM
J. Safra Asset Management
New York
|
-$232M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$139M |
| 4 |
JP Morgan Chase
New York
|
-$96M |
| 5 |
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives
Tokyo, Japan,
Japan
|
-$90.4M |
XLU Hedge Fund Activity: Q2 2020 in Review
801 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q2 2020, worth a combined $9.9B — up 31% from $7.58B a quarter earlier.
Sellers outnumbered buyers: 134 funds closed out of XLU and 105 opened new positions — a net loss of 29 holders — while 295 trimmed existing stakes and 256 added.
The largest buyer was Public Investment Fund, opening a new position worth an estimated $1.9B. The largest seller was Bank of America, cutting an estimated $526M.
- 801 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q2 2020, down from 836 in Q1 2020.
- Funds reported $9.9B of State Street Utilities Select Sector SPDR ETF stock for Q2 2020, up 31% quarter-over-quarter.
- 105 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q2 2020 and 134 closed out, a net change of -29 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q2 2020 was Public Investment Fund, an estimated $1.9B added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q2 2020 was Bank of America, an estimated $526M sold.
Based on aggregated 13F filings for Q2 2020.