State Street Utilities Select Sector SPDR ETF
1,115 hedge funds and large institutions have $8.89B invested in State Street Utilities Select Sector SPDR ETF in 2024 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 404 increasing their positions, 428 reducing their positions, and 130 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 404 | Existing positions reduced: 428
3% less funds holding
Funds holding: 1,147 → 1,115 (-32)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
9.23% less ownership
Funds ownership: 152.25% → 143.02% (-9.2%)
12% less first-time investments, than exits
New positions opened: 115 | Existing positions closed: 130
18% less capital invested
Capital invested by funds: $10.8B → $8.89B (-$1.94B)
46% less call options, than puts
Call options by funds: $1.17B | Put options by funds: $2.15B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$136M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$132M |
| 3 |
PP
Peconic Partners
New York
|
+$101M |
| 4 |
N
Natixis
Paris,
France
|
+$84.9M |
| 5 |
Barclays
London,
United Kingdom
|
+$78.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$2.09B |
| 2 |
Wells Fargo
San Francisco,
California
|
-$201M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$169M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$136M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$94.7M |
XLU Hedge Fund Activity: Q1 2024 in Review
1,115 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q1 2024, worth a combined $8.89B — down 18% from $10.8B a quarter earlier.
Sellers outnumbered buyers: 130 funds closed out of XLU and 115 opened new positions — a net loss of 15 holders — while 428 trimmed existing stakes and 404 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $136M. The largest seller was Public Investment Fund, exiting entirely with an estimated $2.09B sold.
- 1,115 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q1 2024, down from 1,147 in Q4 2023.
- Funds reported $8.89B of State Street Utilities Select Sector SPDR ETF stock for Q1 2024, down 18% quarter-over-quarter.
- 115 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q1 2024 and 130 closed out, a net change of -15 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q1 2024 was D.E. Shaw & Co, an estimated $136M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q1 2024 was Public Investment Fund, an estimated $2.09B sold.
Based on aggregated 13F filings for Q1 2024.