State Street SPDR S&P Metals & Mining ETF

XME

Market cap $3.9B

XME Hedge Fund Activity: Q3 2023 in Review

266 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q3 2023, worth a combined $1.41B — down 16% from $1.68B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of XME and 36 opened new positions — a net loss of 7 holders — while 94 trimmed existing stakes and 86 added.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $46M. The largest seller was Bank of America, cutting an estimated $129M.

• 266 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q3 2023, down from 277 in Q2 2023.
• Funds reported $1.41B of State Street SPDR S&P Metals & Mining ETF stock for Q3 2023, down 16% quarter-over-quarter.
• 36 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q3 2023 and 43 closed out, a net change of -7 holders.
• The largest State Street SPDR S&P Metals & Mining ETF buyer in Q3 2023 was Balyasny Asset Management, an estimated $46M added.
• The largest State Street SPDR S&P Metals & Mining ETF seller in Q3 2023 was Bank of America, an estimated $129M sold.

Based on aggregated 13F filings for Q3 2023.