State Street Consumer Discretionary Select Sector SPDR ETF

XLY

Market cap $22.3B

XLY Hedge Fund Activity: Q1 2016 in Review

450 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street Consumer Discretionary Select Sector SPDR ETF (XLY) for Q1 2016, worth a combined $8.9B — up 3.6% from $8.59B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of XLY and 49 opened new positions — a net loss of 31 holders — while 194 trimmed existing stakes and 147 added.

The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $186M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $109M sold.

• 450 institutional investors held State Street Consumer Discretionary Select Sector SPDR ETF (XLY) as of Q1 2016, down from 487 in Q4 2015.
• Funds reported $8.9B of State Street Consumer Discretionary Select Sector SPDR ETF stock for Q1 2016, up 3.6% quarter-over-quarter.
• 49 funds opened new State Street Consumer Discretionary Select Sector SPDR ETF positions in Q1 2016 and 80 closed out, a net change of -31 holders.
• The largest State Street Consumer Discretionary Select Sector SPDR ETF buyer in Q1 2016 was Commerzbank Aktiengesellschaft, an estimated $186M added.
• The largest State Street Consumer Discretionary Select Sector SPDR ETF seller in Q1 2016 was Charles Schwab Investment Advisory, an estimated $109M sold.

Based on aggregated 13F filings for Q1 2016.