State Street Utilities Select Sector SPDR ETF
801 hedge funds and large institutions have $9.91B invested in State Street Utilities Select Sector SPDR ETF in 2020 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 258 increasing their positions, 293 reducing their positions, and 133 closing their positions.
32% more capital invested
Capital invested by funds: $7.51B → $9.91B (+$2.4B)
28.92% more ownership
Funds ownership: 148.08% → 177% (+29%)
12% more call options, than puts
Call options by funds: $2.2B | Put options by funds: $1.98B
4% less funds holding
Funds holding: 835 → 801 (-34)
12% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 293
21% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 133
45% less funds holding in top 10
Funds holding in top 10: 49 → 27 (-22)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
+$1.9B |
| 2 |
Citigroup
New York
|
+$519M |
| 3 |
Barclays
London,
United Kingdom
|
+$406M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$258M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$151M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$526M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$139M |
| 3 |
JP Morgan Chase
New York
|
-$96M |
| 4 |
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives
Tokyo, Japan,
Japan
|
-$90.4M |
| 5 |
MCM
Moore Capital Management
New York
|
-$72.6M |
XLU Hedge Fund Activity: Q2 2020 in Review
801 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q2 2020, worth a combined $9.91B — up 32% from $7.51B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of XLU and 105 opened new positions — a net loss of 28 holders — while 293 trimmed existing stakes and 258 added.
The largest buyer was Public Investment Fund, opening a new position worth an estimated $1.9B. The largest seller was Bank of America, cutting an estimated $526M.
- 801 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q2 2020, down from 835 in Q1 2020.
- Funds reported $9.91B of State Street Utilities Select Sector SPDR ETF stock for Q2 2020, up 32% quarter-over-quarter.
- 105 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q2 2020 and 133 closed out, a net change of -28 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q2 2020 was Public Investment Fund, an estimated $1.9B added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q2 2020 was Bank of America, an estimated $526M sold.
Based on aggregated 13F filings for Q2 2020.