State Street SPDR S&P Metals & Mining ETF
XME
266 hedge funds and large institutions have $1.41B invested in State Street SPDR S&P Metals & Mining ETF in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 86 increasing their positions, 94 reducing their positions, and 43 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
9% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 94
4% less funds holding
Funds holding: 277 → 266 (-11)
11.8% less ownership
Funds ownership: 93.05% → 81.25% (-12%)
16% less capital invested
Capital invested by funds: $1.68B → $1.41B (-$270M)
16% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 43
35% less call options, than puts
Call options by funds: $198M | Put options by funds: $307M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$46M |
| 2 |
Temasek Holdings
Singapore
|
+$27.1M |
| 3 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$14.2M |
| 4 |
EFI
EHP Funds Inc
Toronto,
Canada
|
+$10.4M |
| 5 |
OFW
Omnia Family Wealth
Aventura,
Florida
|
+$9.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$129M |
| 2 |
Citigroup
New York
|
-$79.7M |
| 3 |
Morgan Stanley
New York
|
-$69.3M |
| 4 |
VU
Vanderbilt University
Nashville,
Tennessee
|
-$16.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.4M |
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.