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State Street Utilities Select Sector SPDR ETF

330 hedge funds and large institutions have $3.71B invested in State Street Utilities Select Sector SPDR ETF in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 92 increasing their positions, 151 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more call options, than puts

Call options by funds: $1.33B | Put options by funds: $647M

4% less funds holding

Funds holding: 345330 (-15)

6% less capital invested

Capital invested by funds: $3.96B → $3.71B (-$252M)

6.97% less ownership

Funds ownership: 148.46%141.49% (-7%)

21% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 52

32% less funds holding in top 10

Funds holding in top 10: 1913 (-6)

39% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 151

Holders
330
Holders Change
-15
Holders Change %
-4.35%
% of All Funds
10.7%
Holding in Top 10
13
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-31.58%
% of All Funds
0.42%
New
41
Increased
92
Reduced
151
Closed
52
Calls
$1.33B
Puts
$647M
Net Calls
+$686M
Net Calls Change
+$760M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$508M +$121M +6,364,888 +31%
Bank of America
2
Bank of America
North Carolina
$436M +$81.5M +4,279,966 +22%
Barclays
3
Barclays
United Kingdom
$412M +$222M +11,643,240 +109%
Morgan Stanley
4
Morgan Stanley
New York
$349M +$76.7M +4,023,328 +27%
JP Morgan Chase
5
JP Morgan Chase
New York
$317M -$56.8M -2,983,794 -15%
LMIM
6
Lockheed Martin Investment Management
Maryland
$145M +$24M +1,258,600 +19%
CA
7
Commerzbank Aktiengesellschaft
Germany
$140M -$229M -12,000,656 -62%
U
8
UBS
Switzerland
$100M -$28M -1,468,944 -22%
Citigroup
9
Citigroup
New York
$86.6M -$46.9M -2,460,868 -35%
SG Americas Securities
10
SG Americas Securities
New York
$84.3M -$2.79M -146,336 -3%
CS
11
Credit Suisse
Switzerland
$81M +$63.4M +3,329,954 +331%
Wells Fargo
12
Wells Fargo
California
$76.2M -$24.2M -1,269,544 -24%
Deutsche Bank
13
Deutsche Bank
Germany
$64.3M -$30.6M -1,603,546 -32%
STMM
14
South Texas Money Management
Texas
$48.6M +$691K +36,280 +1%
V
15
Veritable
Delaware
$43.3M -$3.39M -178,098 -7%
US Bancorp
16
US Bancorp
Minnesota
$36.6M -$1.81M -95,088 -5%
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$28M -$1.07M -56,338 -4%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$26.5M +$8.09M +424,788 +43%
LPL Financial
19
LPL Financial
California
$22.4M -$3.77M -197,696 -14%
Invesco
20
Invesco
Georgia
$19.6M +$7.77M +407,836 +22%
ADEF
21
Adams Diversified Equity Fund
Maryland
$19.2M +$19.6M +1,030,000 New
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$18.1M -$2.75M -144,210 -13%
MSU
23
Maple Securities USA
New Jersey
$17.9M +$14.7M +769,600 +412%
AF
24
Ally Financial
Michigan
$17.4M
Nomura Holdings
25
Nomura Holdings
Japan
$16.9M +$3.9M +204,498 +29%

XLU Hedge Fund Activity: Q3 2013 in Review

330 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2013, worth a combined $3.71B — down 6.4% from $3.96B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of XLU and 41 opened new positions — a net loss of 11 holders — while 151 trimmed existing stakes and 92 added.

The largest buyer was Barclays, adding an estimated $222M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $229M.

  • 330 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2013, down from 345 in Q2 2013.
  • Funds reported $3.71B of State Street Utilities Select Sector SPDR ETF stock for Q3 2013, down 6.4% quarter-over-quarter.
  • 41 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2013 and 52 closed out, a net change of -11 holders.
  • The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2013 was Barclays, an estimated $222M added.
  • The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $229M sold.

Based on aggregated 13F filings for Q3 2013.