State Street Utilities Select Sector SPDR ETF
1,114 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, 401 increasing their positions, 430 reducing their positions, and 131 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 401 | Existing positions reduced: 430
3% less funds holding
Funds holding: 1,147 → 1,114 (-33)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
12% less first-time investments, than exits
New positions opened: 115 | Existing positions closed: 131
20.22% less ownership
Funds ownership: 163.22% → 143% (-20%)
23% less capital invested
Capital invested by funds: $11.6B → $8.89B (-$2.72B)
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 |
Morgan Stanley
New York
|
-$646M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$201M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$169M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$136M |
XLU Hedge Fund Activity: Q1 2024 in Review
1,114 of the 6,942 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 23% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of XLU and 115 opened new positions — a net loss of 16 holders — while 430 trimmed existing stakes and 401 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.
- 1,114 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 23% quarter-over-quarter.
- 115 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q1 2024 and 131 closed out, a net change of -16 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.