State Street Utilities Select Sector SPDR ETF
XLU
502 hedge funds and large institutions have $6.52B invested in State Street Utilities Select Sector SPDR ETF in 2016 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 133 increasing their positions, 214 reducing their positions, and 77 closing their positions.
18.69% more ownership
Funds ownership: 149.36% → 168.05% (+19%)
4% more capital invested
Capital invested by funds: $6.26B → $6.52B (+$257M)
6% less funds holding
Funds holding: 534 → 502 (-32)
30% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 77
38% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 214
43% less funds holding in top 10
Funds holding in top 10: 40 → 23 (-17)
62% less call options, than puts
Call options by funds: $600M | Put options by funds: $1.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$615M |
| 2 |
Citigroup
New York
|
+$221M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$101M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$95.6M |
| 5 |
N
Natixis
Paris,
France
|
+$93.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$274M |
| 2 |
Goldman Sachs
New York
|
-$76.2M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$69.3M |
| 4 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$59.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$35.8M |
XLU Hedge Fund Activity: Q3 2016 in Review
502 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2016, worth a combined $6.52B — up 4.1% from $6.26B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of XLU and 54 opened new positions — a net loss of 23 holders — while 214 trimmed existing stakes and 133 added.
The largest buyer was Morgan Stanley, adding an estimated $615M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $274M.
- 502 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2016, down from 534 in Q2 2016.
- Funds reported $6.52B of State Street Utilities Select Sector SPDR ETF stock for Q3 2016, up 4.1% quarter-over-quarter.
- 54 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2016 and 77 closed out, a net change of -23 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2016 was Morgan Stanley, an estimated $615M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2016 was Commerzbank Aktiengesellschaft, an estimated $274M sold.
Based on aggregated 13F filings for Q3 2016.