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State Street Utilities Select Sector SPDR ETF

506 hedge funds and large institutions have $6.16B invested in State Street Utilities Select Sector SPDR ETF in 2016 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 106 increasing their positions, 214 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 80

12.32% more ownership

Funds ownership: 168.05%180.37% (+12%)

1% more funds holding

Funds holding: 502506 (+4)

6% less capital invested

Capital invested by funds: $6.52B → $6.16B (-$359M)

9% less funds holding in top 10

Funds holding in top 10: 2321 (-2)

50% less repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 214

61% less call options, than puts

Call options by funds: $731M | Put options by funds: $1.87B

Holders
506
Holders Change
+4
Holders Change %
+0.8%
% of All Funds
12.65%
Holding in Top 10
21
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-8.7%
% of All Funds
0.53%
New
92
Increased
106
Reduced
214
Closed
80
Calls
$731M
Puts
$1.87B
Net Calls
-$1.14B
Net Calls Change
-$141M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.11B +$10.4M +436,212 +1%
Bank of America
2
Bank of America
North Carolina
$721M -$268M -11,219,678 -27%
Goldman Sachs
3
Goldman Sachs
New York
$545M -$20.8M -871,432 -4%
Citigroup
4
Citigroup
New York
$461M -$91.2M -3,820,254 -17%
JP Morgan Chase
5
JP Morgan Chase
New York
$421M +$258M +10,814,664 +166%
CS
6
Credit Suisse
Switzerland
$318M +$60.7M +2,542,684 +24%
SGI
7
Swan Global Investments
Colorado
$277M +$30.3M +1,267,726 +13%
BNP Paribas Financial Markets
8
BNP Paribas Financial Markets
France
$187M -$60.3M -2,526,726 -25%
UBS Group
9
UBS Group
Switzerland
$130M -$35.8M -1,498,930 -22%
STMM
10
South Texas Money Management
Texas
$100M +$3.82M +159,854 +4%
N
11
Natixis
France
$89.7M -$52.5K -2,200 -0.1%
Barclays
12
Barclays
United Kingdom
$86.9M -$18M -755,644 -17%
Wells Fargo
13
Wells Fargo
California
$78.9M -$55.5M -2,324,946 -42%
Two Sigma Advisers
14
Two Sigma Advisers
New York
$64.9M +$41.7M +1,745,600 +188%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$63.9M -$18M -754,288 -22%
ERSOT
16
Employees Retirement System of Texas
Texas
$60.3M +$59.3M +2,484,000 New
BlackRock
17
BlackRock
New York
$57.2M +$466K +19,500 +0.8%
MCM
18
Moore Capital Management
New York
$53.2M +$52.4M +2,192,400 New
William Blair Investment Management
19
William Blair Investment Management
Illinois
$51M +$611K +25,600 +1%
HI
20
Honeywell International
North Carolina
$48.7M +$47.9M +2,004,000 New
TD Asset Management
21
TD Asset Management
Ontario, Canada
$47.7M +$46.9M +1,966,000 New
SG Americas Securities
22
SG Americas Securities
New York
$41.3M -$9.68M -405,554 -19%
NLI
23
Nippon Life Insurance
Japan
$38.5M +$9.6M +402,000 +34%
LPL Financial
24
LPL Financial
California
$36.4M -$45.4M -1,901,502 -56%
PI
25
Putnam Investments
Massachusetts
$36.3M

XLU Hedge Fund Activity: Q4 2016 in Review

506 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2016, worth a combined $6.16B — down 5.5% from $6.52B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new XLU positions and 80 closed out — a net gain of 12 holders — while 106 added to existing stakes and 214 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $258M. The largest seller was Bank of America, cutting an estimated $268M.

  • 506 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2016, up from 502 in Q3 2016.
  • Funds reported $6.16B of State Street Utilities Select Sector SPDR ETF stock for Q4 2016, down 5.5% quarter-over-quarter.
  • 92 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2016 and 80 closed out, a net change of +12 holders.
  • The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2016 was JP Morgan Chase, an estimated $258M added.
  • The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2016 was Bank of America, an estimated $268M sold.

Based on aggregated 13F filings for Q4 2016.