State Street Utilities Select Sector SPDR ETF
388 hedge funds and large institutions have $6.57B invested in State Street Utilities Select Sector SPDR ETF in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 138 increasing their positions, 159 reducing their positions, and 43 closing their positions.
24.8% more ownership
Funds ownership: 210.23% → 235.03% (+25%)
4% less funds holding
Funds holding: 404 → 388 (-16)
10% less capital invested
Capital invested by funds: $7.26B → $6.57B (-$690M)
13% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 159
35% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 43
45% less funds holding in top 10
Funds holding in top 10: 29 → 16 (-13)
50% less call options, than puts
Call options by funds: $288M | Put options by funds: $581M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$157M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$123M |
| 3 |
Goldman Sachs
New York
|
+$120M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$74.2M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$516M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$187M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$63M |
| 4 |
Barclays
London,
United Kingdom
|
-$38M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$37.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
AllianceBernstein
Nashville,
Tennessee
| – | -$30K | -1,356 | Closed |
|
|
IT
427
Investors Trust
Dallas,
Texas
| – | -$8K | -360 | Closed |
|
|
HI
428
Hudock Inc
Williamsport,
Pennsylvania
| – | -$7K | -336 | Closed |
|
|
PFG
429
Piershale Financial Group
Barrington,
Illinois
| – | -$7K | -322 | Closed |
|
|
BCI
430
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$85 | +4 | New |
|
XLU Hedge Fund Activity: Q3 2014 in Review
388 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2014, worth a combined $6.57B — down 9.5% from $7.26B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of XLU and 28 opened new positions — a net loss of 15 holders — while 159 trimmed existing stakes and 138 added.
The largest buyer was Citigroup, adding an estimated $157M. The largest seller was Euclid Advisors, exiting entirely with an estimated $516M sold.
- 388 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2014, down from 404 in Q2 2014.
- Funds reported $6.57B of State Street Utilities Select Sector SPDR ETF stock for Q3 2014, down 9.5% quarter-over-quarter.
- 28 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2014 and 43 closed out, a net change of -15 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2014 was Citigroup, an estimated $157M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2014 was Euclid Advisors, an estimated $516M sold.
Based on aggregated 13F filings for Q3 2014.