State Street Utilities Select Sector SPDR ETF
1,175 hedge funds and large institutions have $13.5B invested in State Street Utilities Select Sector SPDR ETF in 2022 Q4 according to their latest regulatory filings, with 200 funds opening new positions, 425 increasing their positions, 386 reducing their positions, and 99 closing their positions.
102% more first-time investments, than exits
New positions opened: 200 | Existing positions closed: 99
10% more repeat investments, than reductions
Existing positions increased: 425 | Existing positions reduced: 386
8% more capital invested
Capital invested by funds: $12.5B → $13.5B (+$998M)
7% more funds holding
Funds holding: 1,101 → 1,175 (+74)
4% more funds holding in top 10
Funds holding in top 10: 49 → 51 (+2)
1.88% less ownership
Funds ownership: 159.06% → 157.19% (-1.9%)
56% less call options, than puts
Call options by funds: $480M | Put options by funds: $1.1B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$217M |
| 2 |
N
Natixis
Paris,
France
|
+$135M |
| 3 |
Morgan Stanley
New York
|
+$120M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$66.6M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$59.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$257M |
| 2 |
Jane Street
New York
|
-$190M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$173M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$167M |
| 5 |
Citigroup
New York
|
-$161M |
XLU Hedge Fund Activity: Q4 2022 in Review
1,175 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2022, worth a combined $13.5B — up 8% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 200 funds opened new XLU positions and 99 closed out — a net gain of 101 holders — while 425 added to existing stakes and 386 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $217M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $257M.
- 1,175 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2022, up from 1,101 in Q3 2022.
- Funds reported $13.5B of State Street Utilities Select Sector SPDR ETF stock for Q4 2022, up 8% quarter-over-quarter.
- 200 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2022 and 99 closed out, a net change of +101 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2022 was Bank of Nova Scotia, an estimated $217M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2022 was BNP Paribas Financial Markets, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2022.