State Street SPDR S&P Metals & Mining ETF
81 hedge funds and large institutions have $579M invested in State Street SPDR S&P Metals & Mining ETF in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 35 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
7% less call options, than puts
Call options by funds: $161M | Put options by funds: $174M
6% less funds holding
Funds holding: 86 → 81 (-5)
20% less capital invested
Capital invested by funds: $725M → $579M (-$147M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
50.55% less ownership
Funds ownership: 135.74% → 85.19% (-51%)
51% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$39.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.2M |
| 3 |
DCM
Decade Capital Management
New York
|
+$8.21M |
| 4 |
Goldman Sachs
New York
|
+$8.17M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63.6M |
| 2 |
Citigroup
New York
|
-$45.4M |
| 3 |
SCM
Sandler Capital Management
New York
|
-$27.4M |
| 4 |
Morgan Stanley
New York
|
-$17.4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.4M |
XME Hedge Fund Activity: Q1 2014 in Review
81 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q1 2014, worth a combined $579M — down 20% from $725M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of XME and 15 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 17 added.
The largest buyer was Lockheed Martin Investment Management, opening a new position worth an estimated $39.9M. The largest seller was Deutsche Bank, cutting an estimated $63.6M.
- 81 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q1 2014, down from 86 in Q4 2013.
- Funds reported $579M of State Street SPDR S&P Metals & Mining ETF stock for Q1 2014, down 20% quarter-over-quarter.
- 15 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q1 2014 and 20 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q1 2014 was Lockheed Martin Investment Management, an estimated $39.9M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q1 2014 was Deutsche Bank, an estimated $63.6M sold.
Based on aggregated 13F filings for Q1 2014.