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State Street SPDR S&P Metals & Mining ETF

86 hedge funds and large institutions have $725M invested in State Street SPDR S&P Metals & Mining ETF in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

31.46% more ownership

Funds ownership: 104.28%135.74% (+31%)

22% more capital invested

Capital invested by funds: $594M → $725M (+$131M)

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

0% more funds holding

Funds holding: 8686 (0)

7% less call options, than puts

Call options by funds: $330M | Put options by funds: $356M

11% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 28

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
86
Holders Change
Holders Change %
0%
% of All Funds
2.5%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
23
Increased
25
Reduced
28
Closed
21
Calls
$330M
Puts
$356M
Net Calls
-$25.9M
Net Calls Change
+$112M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$127M +$74.2M +1,894,666 +169%
Goldman Sachs
2
Goldman Sachs
New York
$109M +$53.7M +1,369,708 +112%
Deutsche Bank
3
Deutsche Bank
Germany
$73.9M -$3.32M -84,727 -5%
Bank of America
4
Bank of America
North Carolina
$52.4M -$12.1M -307,703 -20%
Barclays
5
Barclays
United Kingdom
$49.7M +$3.95M +100,883 +9%
JP Morgan Chase
6
JP Morgan Chase
New York
$36.2M -$1.72M -43,915 -5%
U
7
UBS
Switzerland
$33.8M -$2.64M -67,511 -8%
Morgan Stanley
8
Morgan Stanley
New York
$28.8M -$37.2M -950,741 -58%
SCM
9
Sandler Capital Management
New York
$27.4M +$25.5M +650,000 New
CS
10
Credit Suisse
Switzerland
$22.7M -$8.17M -208,478 -28%
COI
11
Connable Office Inc
Michigan
$14.2M +$4.5M +114,804 +51%
Nomura Holdings
12
Nomura Holdings
Japan
$13.2M +$8.03M +204,950 +189%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$10.6M +$7.72M +197,044 +357%
SG Americas Securities
14
SG Americas Securities
New York
$10.4M +$4.91M +125,341 +103%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$9.43M -$2.82M -71,984 -24%
Balyasny Asset Management
16
Balyasny Asset Management
Illinois
$8.42M +$7.83M +200,000 New
QIM
17
Quantitative Investment Management
Virginia
$8.31M +$7.74M +197,500 New
Wells Fargo
18
Wells Fargo
California
$8.16M +$1.15M +29,438 +18%
State Street
19
State Street
Massachusetts
$7.11M -$1.26M -32,089 -16%
PMAM
20
Picton Mahoney Asset Management
Ontario, Canada
$6.66M +$509K +13,000 +9%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$6.13M +$5.7M +145,600 New
Two Sigma Investments
22
Two Sigma Investments
New York
$6.02M +$5.61M +143,100 New
JG
23
Jefferies Group
New York
$5.59M +$4.93M +125,800 +1,797%
BNP Paribas Financial Markets
24
BNP Paribas Financial Markets
France
$4.64M -$28.6M -730,493 -87%
BIT
25
BlackRock Institutional Trust
California
$4.64M +$4.32M +110,200 New

XME Hedge Fund Activity: Q4 2013 in Review

86 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q4 2013, worth a combined $725M — up 22% from $594M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new XME positions and 21 closed out — a net gain of 2 holders — while 25 added to existing stakes and 28 trimmed.

The largest buyer was Citigroup, adding an estimated $74.2M. The largest seller was Morgan Stanley, cutting an estimated $37.2M.

  • 86 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $725M of State Street SPDR S&P Metals & Mining ETF stock for Q4 2013, up 22% quarter-over-quarter.
  • 23 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q4 2013 and 21 closed out, a net change of +2 holders.
  • The largest State Street SPDR S&P Metals & Mining ETF buyer in Q4 2013 was Citigroup, an estimated $74.2M added.
  • The largest State Street SPDR S&P Metals & Mining ETF seller in Q4 2013 was Morgan Stanley, an estimated $37.2M sold.

Based on aggregated 13F filings for Q4 2013.