State Street Utilities Select Sector SPDR ETF
1,105 hedge funds and large institutions have $12.1B invested in State Street Utilities Select Sector SPDR ETF in 2023 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 374 increasing their positions, 423 reducing their positions, and 98 closing their positions.
15% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 98
7.31% more ownership
Funds ownership: 148.97% → 156.28% (+7.3%)
6% more funds holding in top 10
Funds holding in top 10: 34 → 36 (+2)
4% more capital invested
Capital invested by funds: $11.6B → $12.1B (+$452M)
0% more funds holding
Funds holding: 1,101 → 1,105 (+4)
12% less repeat investments, than reductions
Existing positions increased: 374 | Existing positions reduced: 423
35% less call options, than puts
Call options by funds: $595M | Put options by funds: $917M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$253M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$202M |
| 3 |
Two Sigma Investments
New York
|
+$175M |
| 4 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
+$153M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$321M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$108M |
| 3 |
D.E. Shaw & Co
New York
|
-$90.6M |
| 4 |
Morgan Stanley
New York
|
-$66M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$37.5M |
XLU Hedge Fund Activity: Q2 2023 in Review
1,105 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q2 2023, worth a combined $12.1B — up 3.9% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new XLU positions and 98 closed out — a net gain of 15 holders — while 374 added to existing stakes and 423 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $253M. The largest seller was Citigroup, cutting an estimated $321M.
- 1,105 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q2 2023, up from 1,101 in Q1 2023.
- Funds reported $12.1B of State Street Utilities Select Sector SPDR ETF stock for Q2 2023, up 3.9% quarter-over-quarter.
- 113 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q2 2023 and 98 closed out, a net change of +15 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q2 2023 was Goldman Sachs, an estimated $253M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q2 2023 was Citigroup, an estimated $321M sold.
Based on aggregated 13F filings for Q2 2023.