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State Street Consumer Discretionary Select Sector SPDR ETF

306 hedge funds and large institutions have $4.94B invested in State Street Consumer Discretionary Select Sector SPDR ETF in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 104 increasing their positions, 124 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

25.03% more ownership

Funds ownership: 151.47%176.5% (+25%)

8% less funds holding

Funds holding: 333306 (-27)

15% less capital invested

Capital invested by funds: $5.79B → $4.94B (-$849M)

16% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 124

25% less call options, than puts

Call options by funds: $276M | Put options by funds: $366M

37% less funds holding in top 10

Funds holding in top 10: 3824 (-14)

38% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 69

Holders
306
Holders Change
-27
Holders Change %
-8.11%
% of All Funds
8.84%
Holding in Top 10
24
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-36.84%
% of All Funds
0.69%
New
43
Increased
104
Reduced
124
Closed
69
Calls
$276M
Puts
$366M
Net Calls
-$90.5M
Net Calls Change
+$409M
Name Holding Trade Value Shares
Change
Change in
Stake
CA
1
Commerzbank Aktiengesellschaft
Germany
$680M +$424M +13,000,000 +163%
Bank of America
2
Bank of America
North Carolina
$583M +$62.3M +1,910,152 +12%
Goldman Sachs
3
Goldman Sachs
New York
$510M +$178M +5,468,232 +53%
Wells Fargo
4
Wells Fargo
California
$454M -$9.26M -284,144 -2%
Morgan Stanley
5
Morgan Stanley
New York
$250M -$104M -3,188,414 -29%
U
6
UBS
Switzerland
$241M +$33.4M +1,022,904 +16%
Citigroup
7
Citigroup
New York
$206M +$86.1M +2,640,414 +71%
Bank of Nova Scotia
8
Bank of Nova Scotia
Ontario, Canada
$184M +$23.5M +721,256 +14%
MAA
9
Managed Account Advisors
New Jersey
$106M +$82.9M +2,543,974 +351%
State Street
10
State Street
Massachusetts
$101M +$2.4M +73,708 +2%
CS
11
Credit Suisse
Switzerland
$96.1M +$87.4M +2,681,740 +930%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$79.8M +$15.8M +484,204 +24%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$78.9M -$122M -3,751,336 -61%
SGI
14
Swan Global Investments
Colorado
$77.4M +$52.7M +1,616,512 +199%
LMIM
15
Lockheed Martin Investment Management
Maryland
$74.1M -$16.4M -502,062 -18%
LPL Financial
16
LPL Financial
California
$60.3M +$33.5M +1,028,156 +123%
PAG
17
Pinnacle Advisory Group
Maryland
$58.9M -$113M -3,475,270 -66%
JP Morgan Chase
18
JP Morgan Chase
New York
$52.3M +$18.5M +567,412 +54%
Deutsche Bank
19
Deutsche Bank
Germany
$47M -$61M -1,869,840 -56%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$46.5M +$2.09M +64,062 +5%
DWA
21
Dorsey Wright & Associates
California
$39.4M +$1.6M +49,094 +4%
SLF
22
Sun Life Financial
Ontario, Canada
$38.5M +$7.38M +226,308 +23%
BNP Paribas Financial Markets
23
BNP Paribas Financial Markets
France
$38.2M +$36.9M +1,130,328 +1,684%
PVH
24
Psagot Value Holdings
Israel
$33.2M +$486K +14,896 +1%
TAIM
25
TD Ameritrade Investment Management
Nebraska
$32.9M +$1.26M +38,660 +4%

XLY Hedge Fund Activity: Q1 2014 in Review

306 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street Consumer Discretionary Select Sector SPDR ETF (XLY) for Q1 2014, worth a combined $4.94B — down 15% from $5.79B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of XLY and 43 opened new positions — a net loss of 26 holders — while 124 trimmed existing stakes and 104 added.

The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $424M. The largest seller was Euclid Advisors, exiting entirely with an estimated $407M sold.

  • 306 institutional investors held State Street Consumer Discretionary Select Sector SPDR ETF (XLY) as of Q1 2014, down from 333 in Q4 2013.
  • Funds reported $4.94B of State Street Consumer Discretionary Select Sector SPDR ETF stock for Q1 2014, down 15% quarter-over-quarter.
  • 43 funds opened new State Street Consumer Discretionary Select Sector SPDR ETF positions in Q1 2014 and 69 closed out, a net change of -26 holders.
  • The largest State Street Consumer Discretionary Select Sector SPDR ETF buyer in Q1 2014 was Commerzbank Aktiengesellschaft, an estimated $424M added.
  • The largest State Street Consumer Discretionary Select Sector SPDR ETF seller in Q1 2014 was Euclid Advisors, an estimated $407M sold.

Based on aggregated 13F filings for Q1 2014.