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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.

New
Increased
Maintained
Reduced
Closed

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: 502506 (+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: 2321 (-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

Holders
506
Holders Change
+4
Holders Change %
+0.8%
% of All Funds
12.65%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.53%
New
92
Increased
106
Reduced
214
Closed
80
Calls
$731M
Puts
$1.87B
Net Calls
-$1.14B
Net Calls Change
-$141M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
51
Bank of Montreal
Ontario, Canada
$10.4M -$5.16M -216,272 -33%
MLM
52
Mount Lucas Management
Pennsylvania
$10.3M -$881K -36,880 -8%
UCFA
53
United Capital Financial Advisors
Texas
$10.2M -$3.13M -130,958 -24%
CIA
54
Capital Investment Advisors
Georgia
$9.9M -$555K -23,256 -5%
QIM
55
Quest Investment Management
Oregon
$9.77M
RMPT
56
Raytheon Master Pension Trust
Massachusetts
$9.65M
GI
57
Glovista Investments
New Jersey
$9.32M +$9.17M +383,876 New
SMG
58
Spectrum Management Group
Indiana
$9.3M -$13.8M -577,220 -60%
RJA
59
Raymond James & Associates
Florida
$8.95M -$4.44M -185,970 -34%
AF
60
Alerus Financial
North Dakota
$8.82M +$362K +15,156 +4%
Millennium Management
61
Millennium Management
New York
$8.51M +$8.37M +350,600 New
AF
62
Ally Financial
Michigan
$8.01M +$7.88M +330,000 New
Renaissance Technologies
63
Renaissance Technologies
New York
$7.16M +$6.03M +252,400 +595%
NCM
64
Nelson Capital Management
California
$6.93M -$223K -9,318 -3%
MFS
65
MSI Financial Services
Massachusetts
$6.85M -$2.85M -119,434 -30%
MIFH
66
Migdal Insurance & Financial Holdings
Israel
$6.42M +$4.07M +170,620 +182%
AG
67
Advisor Group
Arizona
$6.31M -$1.1M -46,062 -15%
BWM
68
Biltmore Wealth Management
Arizona
$6.27M -$4.59M -192,070 -43%
Edgewood Management
69
Edgewood Management
Connecticut
$5.98M -$119K -5,000 -2%
CG
70
Cutler Group
California
$5.77M +$945K +39,582 +20%
Ameriprise
71
Ameriprise
Minnesota
$5.73M -$2.54M -106,508 -31%
Cambridge Investment Research Advisors
72
Cambridge Investment Research Advisors
Iowa
$5.64M -$1.73M -72,574 -24%
TAM
73
Tocqueville Asset Management
New York
$5.55M +$623K +26,070 +13%
Janney Montgomery Scott
74
Janney Montgomery Scott
Pennsylvania
$5.29M -$1.89M -79,258 -27%
UF
75
Univest Financial
Pennsylvania
$5.27M -$299K -12,534 -5%

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.