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State Street Utilities Select Sector SPDR ETF

502 hedge funds and large institutions have $6.52B invested in State Street Utilities Select Sector SPDR ETF in 2016 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 133 increasing their positions, 214 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

18.69% more ownership

Funds ownership: 149.36%168.05% (+19%)

4% more capital invested

Capital invested by funds: $6.26B → $6.52B (+$257M)

6% less funds holding

Funds holding: 534502 (-32)

30% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 77

38% less repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 214

43% less funds holding in top 10

Funds holding in top 10: 4023 (-17)

62% less call options, than puts

Call options by funds: $600M | Put options by funds: $1.6B

Holders
502
Holders Change
-32
Holders Change %
-5.99%
% of All Funds
13.39%
Holding in Top 10
23
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-42.5%
% of All Funds
0.61%
New
54
Increased
133
Reduced
214
Closed
77
Calls
$600M
Puts
$1.6B
Net Calls
-$996M
Net Calls Change
-$581M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.11B +$615M +24,213,106 +116%
Bank of America
2
Bank of America
North Carolina
$1B +$101M +3,996,072 +11%
Goldman Sachs
3
Goldman Sachs
New York
$571M -$76.2M -3,001,598 -11%
Citigroup
4
Citigroup
New York
$558M +$221M +8,687,090 +62%
CS
5
Credit Suisse
Switzerland
$258M +$64M +2,520,318 +31%
SGI
6
Swan Global Investments
Colorado
$252M +$21.3M +837,814 +9%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$251M +$95.6M +3,765,760 +58%
UBS Group
8
UBS Group
Switzerland
$168M -$3.42M -134,870 -2%
JP Morgan Chase
9
JP Morgan Chase
New York
$159M +$21.2M +836,302 +15%
Wells Fargo
10
Wells Fargo
California
$137M -$25.8M -1,017,786 -15%
Barclays
11
Barclays
United Kingdom
$106M +$8.02M +316,036 +8%
STMM
12
South Texas Money Management
Texas
$97M +$1.45M +57,276 +1%
N
13
Natixis
France
$91.1M +$93.8M +3,694,268 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$82.9M -$10M -394,522 -10%
LPL Financial
15
LPL Financial
California
$80.5M +$20.3M +798,068 +31%
BlackRock
16
BlackRock
New York
$57.2M
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$53.5M -$69.3M -2,727,862 -56%
SG Americas Securities
18
SG Americas Securities
New York
$51.6M +$12.9M +507,864 +32%
William Blair Investment Management
19
William Blair Investment Management
Illinois
$50.8M +$975K +38,400 +2%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$39.6M -$35.8M -1,408,252 -47%
PI
21
Putnam Investments
Massachusetts
$36.6M +$348K +13,698 +0.9%
US Bancorp
22
US Bancorp
Minnesota
$36.5M -$234K -9,214 -0.6%
QIM
23
Quantitative Investment Management
Virginia
$33.1M +$34.3M +1,350,000 New
NLI
24
Nippon Life Insurance
Japan
$29M +$30M +1,182,400 New
AT
25
AMF Tjänstepension
Sweden
$28.1M -$2.83M -111,600 -9%

XLU Hedge Fund Activity: Q3 2016 in Review

502 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2016, worth a combined $6.52B — up 4.1% from $6.26B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of XLU and 54 opened new positions — a net loss of 23 holders — while 214 trimmed existing stakes and 133 added.

The largest buyer was Morgan Stanley, adding an estimated $615M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $274M.

  • 502 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2016, down from 534 in Q2 2016.
  • Funds reported $6.52B of State Street Utilities Select Sector SPDR ETF stock for Q3 2016, up 4.1% quarter-over-quarter.
  • 54 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2016 and 77 closed out, a net change of -23 holders.
  • The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2016 was Morgan Stanley, an estimated $615M added.
  • The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2016 was Commerzbank Aktiengesellschaft, an estimated $274M sold.

Based on aggregated 13F filings for Q3 2016.