State Street Utilities Select Sector SPDR ETF
XLU
700 hedge funds and large institutions have $8.56B invested in State Street Utilities Select Sector SPDR ETF in 2018 Q4 according to their latest regulatory filings, with 153 funds opening new positions, 262 increasing their positions, 162 reducing their positions, and 56 closing their positions.
173% more first-time investments, than exits
New positions opened: 153 | Existing positions closed: 56
62% more repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 162
40% more funds holding in top 10
Funds holding in top 10: 30 → 42 (+12)
15% more funds holding
Funds holding: 610 → 700 (+90)
1% less capital invested
Capital invested by funds: $8.66B → $8.56B (-$102M)
21.52% less ownership
Funds ownership: 229.02% → 207.5% (-22%)
68% less call options, than puts
Call options by funds: $447M | Put options by funds: $1.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$240M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$170M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$121M |
| 4 |
Morgan Stanley
New York
|
+$102M |
| 5 |
AssetMark Inc
Concord,
California
|
+$90.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$297M |
| 2 |
JP Morgan Chase
New York
|
-$199M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$172M |
| 4 |
Two Sigma Advisers
New York
|
-$109M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$94.4M |
XLU Hedge Fund Activity: Q4 2018 in Review
700 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2018, worth a combined $8.56B — down 1.2% from $8.66B a quarter earlier.
Buyers outnumbered sellers: 153 funds opened new XLU positions and 56 closed out — a net gain of 97 holders — while 262 added to existing stakes and 162 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $240M. The largest seller was Citigroup, cutting an estimated $297M.
- 700 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2018, up from 610 in Q3 2018.
- Funds reported $8.56B of State Street Utilities Select Sector SPDR ETF stock for Q4 2018, down 1.2% quarter-over-quarter.
- 153 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2018 and 56 closed out, a net change of +97 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2018 was Goldman Sachs, an estimated $240M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2018 was Citigroup, an estimated $297M sold.
Based on aggregated 13F filings for Q4 2018.