State Street Health Care Select Sector SPDR ETF

XLV

Market cap $43.1B

XLV Hedge Fund Activity: Q1 2023 in Review

1,509 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in State Street Health Care Select Sector SPDR ETF (XLV) for Q1 2023, worth a combined $28.8B — down 8.6% from $31.5B a quarter earlier.

Sellers outnumbered buyers: 174 funds closed out of XLV and 115 opened new positions — a net loss of 59 holders — while 594 trimmed existing stakes and 570 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $550M. The largest seller was Morgan Stanley, cutting an estimated $520M.

• 1,509 institutional investors held State Street Health Care Select Sector SPDR ETF (XLV) as of Q1 2023, down from 1,607 in Q4 2022.
• Funds reported $28.8B of State Street Health Care Select Sector SPDR ETF stock for Q1 2023, down 8.6% quarter-over-quarter.
• 115 funds opened new State Street Health Care Select Sector SPDR ETF positions in Q1 2023 and 174 closed out, a net change of -59 holders.
• The largest State Street Health Care Select Sector SPDR ETF buyer in Q1 2023 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $550M added.
• The largest State Street Health Care Select Sector SPDR ETF seller in Q1 2023 was Morgan Stanley, an estimated $520M sold.

Based on aggregated 13F filings for Q1 2023.