State Street Utilities Select Sector SPDR ETF
1,362 hedge funds and large institutions have $10.8B invested in State Street Utilities Select Sector SPDR ETF in 2024 Q4 according to their latest regulatory filings, with 215 funds opening new positions, 478 increasing their positions, 462 reducing their positions, and 129 closing their positions.
67% more first-time investments, than exits
New positions opened: 215 | Existing positions closed: 129
5% more funds holding
Funds holding: 1,301 → 1,362 (+61)
3% more repeat investments, than reductions
Existing positions increased: 478 | Existing positions reduced: 462
12% less funds holding in top 10
Funds holding in top 10: 49 → 43 (-6)
14.94% less ownership
Funds ownership: 147.83% → 132.88% (-15%)
20% less capital invested
Capital invested by funds: $13.6B → $10.8B (-$2.79B)
55% less call options, than puts
Call options by funds: $1.32B | Put options by funds: $2.96B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$271M |
| 2 |
Two Sigma Investments
New York
|
+$171M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$109M |
| 4 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$81.2M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$66.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$362M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$258M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$223M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$143M |
| 5 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$137M |
XLU Hedge Fund Activity: Q4 2024 in Review
1,362 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q4 2024, worth a combined $10.8B — down 20% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 215 funds opened new XLU positions and 129 closed out — a net gain of 86 holders — while 478 added to existing stakes and 462 trimmed.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $271M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $362M.
- 1,362 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q4 2024, up from 1,301 in Q3 2024.
- Funds reported $10.8B of State Street Utilities Select Sector SPDR ETF stock for Q4 2024, down 20% quarter-over-quarter.
- 215 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q4 2024 and 129 closed out, a net change of +86 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q4 2024 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $271M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q4 2024 was BNP Paribas Financial Markets, an estimated $362M sold.
Based on aggregated 13F filings for Q4 2024.