State Street Utilities Select Sector SPDR ETF
506 hedge funds and large institutions have $6.16B invested in State Street Utilities Select Sector SPDR ETF in 2016 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 106 increasing their positions, 214 reducing their positions, and 80 closing their positions.
15% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 80
12.32% more ownership
Funds ownership: 168.05% → 180.37% (+12%)
1% more funds holding
Funds holding: 502 → 506 (+4)
6% less capital invested
Capital invested by funds: $6.52B → $6.16B (-$359M)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
50% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 214
61% less call options, than puts
Call options by funds: $731M | Put options by funds: $1.87B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$258M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$60.7M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$59.3M |
| 4 |
MCM
Moore Capital Management
New York
|
+$52.4M |
| 5 |
HI
Honeywell International
Charlotte,
North Carolina
|
+$47.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$268M |
| 2 |
Citigroup
New York
|
-$91.2M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$60.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$55.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$45.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
576
CapWealth Advisors
Franklin,
Tennessee
| – | -$86K | -3,518 | Closed |
|
|
CYG
577
Clean Yield Group
Norwich,
Vermont
| – | -$59K | -2,400 | Closed |
|
|
JFA
578
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$51K | -2,082 | Closed |
|
|
S
579
SignatureFD
Atlanta,
Georgia
| – | -$51K | -2,082 | Closed |
|
|
RFWA
580
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$19.3K | -786 | Closed |
|
|
RAM
581
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$7K | -300 | Closed |
|
|
FFC
582
First Financial Corp
Terre Haute,
Indiana
| – | -$7K | -290 | Closed |
|
|
AWMS
583
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$3K | -114 | Closed |
|
|
GBT
584
Grove Bank & Trust
Miami,
Florida
| – | -$1K | -56 | Closed |
|
|
CPA
585
Cowen Prime Advisors
New York
| – | -$1K | -46 | Closed |
|
586
UBS AM
Chicago,
Illinois
| – | +$334 | +14 | New |
|
XLU Hedge Fund Activity: Q4 2016 in Review
506 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2016, worth a combined $6.16B — down 5.5% from $6.52B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new XLU positions and 80 closed out — a net gain of 12 holders — while 106 added to existing stakes and 214 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $258M. The largest seller was Bank of America, cutting an estimated $268M.
- 506 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2016, up from 502 in Q3 2016.
- Funds reported $6.16B of State Street Utilities Select Sector SPDR ETF stock for Q4 2016, down 5.5% quarter-over-quarter.
- 92 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2016 and 80 closed out, a net change of +12 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2016 was JP Morgan Chase, an estimated $258M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2016 was Bank of America, an estimated $268M sold.
Based on aggregated 13F filings for Q4 2016.