State Street SPDR S&P Metals & Mining ETF
273 hedge funds and large institutions have $1.7B invested in State Street SPDR S&P Metals & Mining ETF in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 84 increasing their positions, 87 reducing their positions, and 44 closing their positions.
20% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 44
20% more capital invested
Capital invested by funds: $1.41B → $1.7B (+$288M)
2.88% more ownership
Funds ownership: 81.25% → 84.13% (+2.9%)
3% more funds holding
Funds holding: 266 → 273 (+7)
3% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 87
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
69% less call options, than puts
Call options by funds: $275M | Put options by funds: $892M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$75.2M |
| 2 |
Two Sigma Investments
New York
|
+$51M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$31.1M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$22.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$62.4M |
| 2 |
Barclays
London,
United Kingdom
|
-$27.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$20M |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$14.3M |
| 5 |
JP Morgan Chase
New York
|
-$13.3M |
XME Hedge Fund Activity: Q4 2023 in Review
273 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q4 2023, worth a combined $1.7B — up 20% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new XME positions and 44 closed out — a net gain of 9 holders — while 84 added to existing stakes and 87 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $75.2M. The largest seller was Bessemer Group, cutting an estimated $62.4M.
- 273 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q4 2023, up from 266 in Q3 2023.
- Funds reported $1.7B of State Street SPDR S&P Metals & Mining ETF stock for Q4 2023, up 20% quarter-over-quarter.
- 53 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q4 2023 and 44 closed out, a net change of +9 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q4 2023 was Morgan Stanley, an estimated $75.2M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q4 2023 was Bessemer Group, an estimated $62.4M sold.
Based on aggregated 13F filings for Q4 2023.