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State Street Utilities Select Sector SPDR ETF
XLU

1,359 hedge funds and large institutions have $12.8B invested in State Street Utilities Select Sector SPDR ETF in 2024 Q4 according to their latest regulatory filings, with 213 funds opening new positions, 477 increasing their positions, 462 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more first-time investments, than exits

New positions opened: 213 | Existing positions closed: 129

5% more funds holding

Funds holding: 1,300 → 1,359 (+59)

3% more repeat investments, than reductions

Existing positions increased: 477 | Existing positions reduced: 462

6% less capital invested

Capital invested by funds: $13.6B → $12.8B (-$837M)

12% less funds holding in top 10

Funds holding in top 10: 49 → 43 (-6)

21.84% less ownership

Funds ownership: 158.08% → 136.24% (-22%)

55% less call options, than puts

Call options by funds: $1.32B | Put options by funds: $2.96B

Holders
1,359
Holders Change
+59
Holders Change %
+4.54%
% of All Funds
17.9%
Holding in Top 10
43
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-12.24%
% of All Funds
0.57%
New
213
Increased
477
Reduced
462
Closed
129
Calls
$1.32B
Puts
$2.96B
Net Calls
-$1.64B
Net Calls Change
+$727M

Top Buyers

1
DFG
Demars Financial Group
Washington
+$300M
2
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
+$271M
3
Two Sigma Investments
Two Sigma Investments
New York
+$171M
4
UBS Group
UBS Group
Switzerland
+$109M
5
MB
Mizuho Bank
Japan
+$81.2M

Top Sellers

1
IAIM
International Assets Investment Management
Florida
-$940M
2
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$362M
3
Bank of America
Bank of America
North Carolina
-$258M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$223M
5
MIFH
Migdal Insurance & Financial Holdings
Israel
-$143M
Name Holding Trade Value Shares
Change 		Change in
Stake
TCM
1126
TD Capital Management
Tennessee
$153K +$238 +6 +0.1%
GPFA
1127
Game Plan Financial Advisors
Ohio
$151K – – –
KFI
1128
Key Financial Inc
Pennsylvania
$148K – – –
BTI
1129
Blue Trust Inc
Georgia
$147K +$30.2K +762 +24%
CCMW
1130
Cypress Capital Management (Wyoming)
Wyoming
$147K -$20.6K -518 -12%
HNW
1131
High Note Wealth
Minnesota
$146K +$153K +3,848 New
UOTTAIMCU
1132
University of Texas/Texas AM Investment Management Co (UTIMCO)
Texas
$144K – – –
HB
1133
Horizon Bancorp
Indiana
$141K +$25.1K +632 +20%
BF
1134
BOK Financial
Oklahoma
$138K – – –
CAM
1135
Chesapeake Asset Management
New York
$136K -$584K -14,728 -80%
BG
1136
Bollard Group
Massachusetts
$130K -$9.13K -230 -6%
ACM
1137
Anfield Capital Management
California
$126K – – –
Legal & General Group
1138
Legal & General Group
United Kingdom
$125K -$944K -23,800 -88%
OIA
1139
Optimum Investment Advisors
Illinois
$124K – – –
MWA
1140
Medallion Wealth Advisors
Connecticut
$124K +$130K +3,264 New
WIM
1141
Westside Investment Management
California
$123K -$1.18M -29,802 -90%
SCM
1142
Sterling Capital Management
North Carolina
$122K – – –
TAM
1143
Townsend Asset Management
North Carolina
$121K +$397 +10 +0.3%
WT
1144
Whittier Trust
California
$118K +$2.38K +60 +2%
WT
1145
Washington Trust
Rhode Island
$118K – – –
AWM
1146
Angeles Wealth Management
California
$117K +$123K +3,100 New
AIM
1147
Acropolis Investment Management
Missouri
$113K – – –
FFA
1148
Founders Financial Alliance
North Carolina
$110K -$10.3K -260 -8%
Toronto Dominion Bank
1149
Toronto Dominion Bank
Ontario, Canada
$108K +$11K +276 +11%
CCM
1150
Chilton Capital Management
Texas
$108K -$130K -3,264 -53%
44 45
46
47 48

XLU Hedge Fund Activity: Q4 2024 in Review

1,359 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2024, worth a combined $12.8B — down 6.1% from $13.6B a quarter earlier.

Buyers outnumbered sellers: 213 funds opened new XLU positions and 129 closed out — a net gain of 84 holders — while 477 added to existing stakes and 462 trimmed.

The largest buyer was Demars Financial Group, opening a new position worth an estimated $300M. The largest seller was International Assets Investment Management, cutting an estimated $940M.

  • 1,359 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2024, up from 1,300 in Q3 2024.
  • Funds reported $12.8B of State Street Utilities Select Sector SPDR ETF stock for Q4 2024, down 6.1% quarter-over-quarter.
  • 213 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2024 and 129 closed out, a net change of +84 holders.
  • The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2024 was Demars Financial Group, an estimated $300M added.
  • The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2024 was International Assets Investment Management, an estimated $940M sold.

Based on aggregated 13F filings for Q4 2024.