State Street Utilities Select Sector SPDR ETF
1,193 hedge funds and large institutions have $10.5B invested in State Street Utilities Select Sector SPDR ETF in 2024 Q2 according to their latest regulatory filings, with 180 funds opening new positions, 434 increasing their positions, 401 reducing their positions, and 86 closing their positions.
109% more first-time investments, than exits
New positions opened: 180 | Existing positions closed: 86
48% more funds holding in top 10
Funds holding in top 10: 23 → 34 (+11)
18% more capital invested
Capital invested by funds: $8.89B → $10.5B (+$1.61B)
8.74% more ownership
Funds ownership: 143% → 151.74% (+8.7%)
7% more funds holding
Funds holding: 1,114 → 1,193 (+79)
8% more repeat investments, than reductions
Existing positions increased: 434 | Existing positions reduced: 401
26% less call options, than puts
Call options by funds: $1.47B | Put options by funds: $1.98B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$459M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$212M |
| 3 |
Goldman Sachs
New York
|
+$111M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$97.1M |
| 5 |
Barclays
London,
United Kingdom
|
+$91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$227M |
| 2 |
D.E. Shaw & Co
New York
|
-$165M |
| 3 |
PP
Peconic Partners
New York
|
-$110M |
| 4 |
Squarepoint
New York
|
-$82.9M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$60.4M |
XLU Hedge Fund Activity: Q2 2024 in Review
1,193 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q2 2024, worth a combined $10.5B — up 18% from $8.89B a quarter earlier.
Buyers outnumbered sellers: 180 funds opened new XLU positions and 86 closed out — a net gain of 94 holders — while 434 added to existing stakes and 401 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $459M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $227M.
- 1,193 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q2 2024, up from 1,114 in Q1 2024.
- Funds reported $10.5B of State Street Utilities Select Sector SPDR ETF stock for Q2 2024, up 18% quarter-over-quarter.
- 180 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q2 2024 and 86 closed out, a net change of +94 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q2 2024 was BNP Paribas Financial Markets, an estimated $459M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q2 2024 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $227M sold.
Based on aggregated 13F filings for Q2 2024.