State Street Health Care Select Sector SPDR ETF
1,508 hedge funds and large institutions have $28.8B invested in State Street Health Care Select Sector SPDR ETF in 2023 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 570 increasing their positions, 594 reducing their positions, and 174 closing their positions.
0.35% more ownership
Funds ownership: 72.97% → 73.31% (+0.35%)
4% less repeat investments, than reductions
Existing positions increased: 570 | Existing positions reduced: 594
6% less funds holding
Funds holding: 1,607 → 1,508 (-99)
9% less capital invested
Capital invested by funds: $31.5B → $28.8B (-$2.73B)
22% less funds holding in top 10
Funds holding in top 10: 158 → 123 (-35)
30% less call options, than puts
Call options by funds: $1.27B | Put options by funds: $1.81B
34% less first-time investments, than exits
New positions opened: 115 | Existing positions closed: 174
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$550M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$532M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$457M |
| 4 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$346M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$149M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$520M |
| 2 |
WA
WestEnd Advisors
Charlotte,
North Carolina
|
-$406M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$191M |
| 4 |
JP Morgan Chase
New York
|
-$189M |
| 5 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$165M |
XLV Hedge Fund Activity: Q1 2023 in Review
1,508 of the 6,275 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.
- 1,508 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.