State Street Utilities Select Sector SPDR ETF
1,147 hedge funds and large institutions have $11.6B invested in State Street Utilities Select Sector SPDR ETF in 2023 Q4 according to their latest regulatory filings, with 215 funds opening new positions, 388 increasing their positions, 396 reducing their positions, and 112 closing their positions.
92% more first-time investments, than exits
New positions opened: 215 | Existing positions closed: 112
8% more funds holding
Funds holding: 1,063 → 1,147 (+84)
5% more capital invested
Capital invested by funds: $11B → $11.6B (+$578M)
4% more funds holding in top 10
Funds holding in top 10: 24 → 25 (+1)
2% less repeat investments, than reductions
Existing positions increased: 388 | Existing positions reduced: 396
1.13% less ownership
Funds ownership: 164.35% → 163.22% (-1.1%)
40% less call options, than puts
Call options by funds: $1.16B | Put options by funds: $1.95B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$621M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$209M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$163M |
| 4 |
JP Morgan Chase
New York
|
+$108M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$89.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$197M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$188M |
| 3 |
Jane Street
New York
|
-$141M |
| 4 |
Two Sigma Advisers
New York
|
-$140M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$122M |
XLU Hedge Fund Activity: Q4 2023 in Review
1,147 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2023, worth a combined $11.6B — up 5.2% from $11B a quarter earlier.
Buyers outnumbered sellers: 215 funds opened new XLU positions and 112 closed out — a net gain of 103 holders — while 388 added to existing stakes and 396 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $621M. The largest seller was Two Sigma Investments, cutting an estimated $197M.
- 1,147 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2023, up from 1,063 in Q3 2023.
- Funds reported $11.6B of State Street Utilities Select Sector SPDR ETF stock for Q4 2023, up 5.2% quarter-over-quarter.
- 215 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2023 and 112 closed out, a net change of +103 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2023 was Morgan Stanley, an estimated $621M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2023 was Two Sigma Investments, an estimated $197M sold.
Based on aggregated 13F filings for Q4 2023.