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State Street Utilities Select Sector SPDR ETF

776 hedge funds and large institutions have $10.3B invested in State Street Utilities Select Sector SPDR ETF in 2019 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 304 increasing their positions, 250 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 56

22% more repeat investments, than reductions

Existing positions increased: 304 | Existing positions reduced: 250

21% more funds holding in top 10

Funds holding in top 10: 3846 (+8)

12% more capital invested

Capital invested by funds: $9.19B → $10.3B (+$1.14B)

3% more funds holding

Funds holding: 754776 (+22)

9.78% less ownership

Funds ownership: 191.8%182.02% (-9.8%)

40% less call options, than puts

Call options by funds: $951M | Put options by funds: $1.59B

Holders
776
Holders Change
+22
Holders Change %
+2.92%
% of All Funds
17.02%
Holding in Top 10
46
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+21.05%
% of All Funds
1.01%
New
85
Increased
304
Reduced
250
Closed
56
Calls
$951M
Puts
$1.59B
Net Calls
-$639M
Net Calls Change
-$169M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.4B +$135M +4,384,958 +11%
Morgan Stanley
2
Morgan Stanley
New York
$917M -$156M -5,062,288 -15%
Goldman Sachs
3
Goldman Sachs
New York
$879M +$105M +3,399,024 +14%
UBS Group
4
UBS Group
Switzerland
$737M -$90.3M -2,926,448 -11%
Citigroup
5
Citigroup
New York
$492M +$106M +3,438,134 +29%
Barclays
6
Barclays
United Kingdom
$454M +$191M +6,179,112 +79%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$341M -$13.4M -434,008 -4%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$341M +$164M +5,329,400 +102%
Wells Fargo
9
Wells Fargo
California
$236M +$7.74M +250,984 +4%
SGI
10
Swan Global Investments
Colorado
$234M -$44M -1,427,690 -16%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$183M +$5.93M +192,154 +4%
JP Morgan Chase
12
JP Morgan Chase
New York
$173M -$102M -3,309,204 -38%
LPL Financial
13
LPL Financial
California
$168M +$10.5M +339,198 +7%
N
14
Natixis
France
$148M +$64M +2,073,330 +83%
STMM
15
South Texas Money Management
Texas
$140M +$10.1M +326,622 +8%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$130M +$124M +4,026,764 New
LMIM
17
Lockheed Martin Investment Management
Maryland
$119M +$45.6M +1,477,060 +67%
CS
18
Credit Suisse
Switzerland
$117M -$9.49M -307,574 -8%
NMIFOAC
19
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$110M +$1.02M +33,200 +1%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$109M -$5.85M -189,740 -5%
Ameriprise
21
Ameriprise
Minnesota
$97.1M -$20.5M -663,922 -18%
ERSOT
22
Employees Retirement System of Texas
Texas
$95.6M +$22M +714,000 +32%
AssetMark Inc
23
AssetMark Inc
California
$93.5M +$67.6M +2,190,624 +313%
PVH
24
Psagot Value Holdings
Israel
$64.1M +$1.07M +34,660 +2%
CM
25
Churchill Management
California
$63.9M +$60.9M +1,974,086 New

XLU Hedge Fund Activity: Q3 2019 in Review

776 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2019, worth a combined $10.3B — up 12% from $9.19B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new XLU positions and 56 closed out — a net gain of 29 holders — while 304 added to existing stakes and 250 trimmed.

The largest buyer was Barclays, adding an estimated $191M. The largest seller was Factory Mutual Insurance, exiting entirely with an estimated $194M sold.

  • 776 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2019, up from 754 in Q2 2019.
  • Funds reported $10.3B of State Street Utilities Select Sector SPDR ETF stock for Q3 2019, up 12% quarter-over-quarter.
  • 85 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2019 and 56 closed out, a net change of +29 holders.
  • The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2019 was Barclays, an estimated $191M added.
  • The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2019 was Factory Mutual Insurance, an estimated $194M sold.

Based on aggregated 13F filings for Q3 2019.