State Street Health Care Select Sector SPDR ETF

XLV

Market cap $42.1B

XLV Hedge Fund Activity: Q3 2022 in Review

1,422 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street Health Care Select Sector SPDR ETF (XLV) for Q3 2022, worth a combined $25.9B — down 7.1% from $27.9B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of XLV and 95 opened new positions — a net loss of 16 holders — while 429 trimmed existing stakes and 643 added.

The largest buyer was Bank of Montreal, adding an estimated $270M. The largest seller was Bessemer Group, cutting an estimated $471M.

• 1,422 institutional investors held State Street Health Care Select Sector SPDR ETF (XLV) as of Q3 2022, down from 1,463 in Q2 2022.
• Funds reported $25.9B of State Street Health Care Select Sector SPDR ETF stock for Q3 2022, down 7.1% quarter-over-quarter.
• 95 funds opened new State Street Health Care Select Sector SPDR ETF positions in Q3 2022 and 111 closed out, a net change of -16 holders.
• The largest State Street Health Care Select Sector SPDR ETF buyer in Q3 2022 was Bank of Montreal, an estimated $270M added.
• The largest State Street Health Care Select Sector SPDR ETF seller in Q3 2022 was Bessemer Group, an estimated $471M sold.

Based on aggregated 13F filings for Q3 2022.