State Street Utilities Select Sector SPDR ETF
1,300 hedge funds and large institutions have $13.6B invested in State Street Utilities Select Sector SPDR ETF in 2024 Q3 according to their latest regulatory filings, with 203 funds opening new positions, 510 increasing their positions, 399 reducing their positions, and 85 closing their positions.
139% more first-time investments, than exits
New positions opened: 203 | Existing positions closed: 85
44% more funds holding in top 10
Funds holding in top 10: 34 → 49 (+15)
30% more capital invested
Capital invested by funds: $10.5B → $13.6B (+$3.12B)
28% more repeat investments, than reductions
Existing positions increased: 510 | Existing positions reduced: 399
9% more funds holding
Funds holding: 1,193 → 1,300 (+107)
6.34% more ownership
Funds ownership: 151.74% → 158.08% (+6.3%)
68% less call options, than puts
Call options by funds: $1.1B | Put options by funds: $3.47B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$879M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$259M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$253M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$249M |
| 5 |
Morgan Stanley
New York
|
+$213M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$215M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$173M |
| 3 |
JP Morgan Chase
New York
|
-$108M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$102M |
| 5 |
D.E. Shaw & Co
New York
|
-$80.9M |
XLU Hedge Fund Activity: Q3 2024 in Review
1,300 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2024, worth a combined $13.6B — up 30% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 203 funds opened new XLU positions and 85 closed out — a net gain of 118 holders — while 510 added to existing stakes and 399 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $879M. The largest seller was Bank of Montreal, cutting an estimated $215M.
- 1,300 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2024, up from 1,193 in Q2 2024.
- Funds reported $13.6B of State Street Utilities Select Sector SPDR ETF stock for Q3 2024, up 30% quarter-over-quarter.
- 203 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2024 and 85 closed out, a net change of +118 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2024 was International Assets Investment Management, an estimated $879M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2024 was Bank of Montreal, an estimated $215M sold.
Based on aggregated 13F filings for Q3 2024.