State Street Utilities Select Sector SPDR ETF
330 hedge funds and large institutions have $3.71B invested in State Street Utilities Select Sector SPDR ETF in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 151 reducing their positions, and 52 closing their positions.
106% more call options, than puts
Call options by funds: $1.33B | Put options by funds: $647M
4% less funds holding
Funds holding: 345 → 330 (-15)
6% less capital invested
Capital invested by funds: $3.96B → $3.71B (-$252M)
6.97% less ownership
Funds ownership: 148.46% → 141.49% (-7%)
21% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 52
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
39% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 151
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$222M |
| 2 |
Goldman Sachs
New York
|
+$121M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$81.5M |
| 4 |
Morgan Stanley
New York
|
+$76.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$63.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$229M |
| 2 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$213M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$130M |
| 4 |
JP Morgan Chase
New York
|
-$56.8M |
| 5 |
Citigroup
New York
|
-$46.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
376
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$11K | -600 | Closed |
|
377
First Manhattan
New York
| – | -$10K | -514 | Closed |
|
|
SPL
378
Smart Portfolios LLC
Seattle,
Washington
| – | -$8.13K | -432 | Closed |
|
|
SFSIG
379
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$2K | -114 | Closed |
|
|
NMLIC
380
Northwestern Mutual Life Insurance Company
Milwaukee,
Wisconsin
| – | -$1K | -36 | Closed |
|
XLU Hedge Fund Activity: Q3 2013 in Review
330 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2013, worth a combined $3.71B — down 6.4% from $3.96B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of XLU and 41 opened new positions — a net loss of 11 holders — while 151 trimmed existing stakes and 92 added.
The largest buyer was Barclays, adding an estimated $222M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $229M.
- 330 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2013, down from 345 in Q2 2013.
- Funds reported $3.71B of State Street Utilities Select Sector SPDR ETF stock for Q3 2013, down 6.4% quarter-over-quarter.
- 41 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2013 and 52 closed out, a net change of -11 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2013 was Barclays, an estimated $222M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $229M sold.
Based on aggregated 13F filings for Q3 2013.