State Street SPDR S&P Metals & Mining ETF
76 hedge funds and large institutions have $512M invested in State Street SPDR S&P Metals & Mining ETF in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 20 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17.14% more ownership
Funds ownership: 85.19% → 102.32% (+17%)
6% less funds holding
Funds holding: 81 → 76 (-5)
12% less capital invested
Capital invested by funds: $579M → $512M (-$66.6M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
31% less call options, than puts
Call options by funds: $140M | Put options by funds: $201M
34% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.41M |
| 2 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$6.43M |
| 3 |
BCM
Blenheim Capital Management
Berkeley Heights,
New Jersey
|
+$4.08M |
| 4 |
IF
IRON Financial
Northbrook,
Illinois
|
+$3.49M |
| 5 |
COI
Connable Office Inc
Kalamazoo,
Michigan
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.4M |
| 2 |
Citigroup
New York
|
-$12.4M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$11.3M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$10.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.14M |
XME Hedge Fund Activity: Q2 2014 in Review
76 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q2 2014, worth a combined $512M — down 12% from $579M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of XME and 15 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 21 added.
The largest buyer was Royal Bank of Canada, adding an estimated $9.41M. The largest seller was Fidelity Investments, exiting entirely with an estimated $14.4M sold.
- 76 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q2 2014, down from 81 in Q1 2014.
- Funds reported $512M of State Street SPDR S&P Metals & Mining ETF stock for Q2 2014, down 12% quarter-over-quarter.
- 15 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q2 2014 and 20 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q2 2014 was Royal Bank of Canada, an estimated $9.41M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q2 2014 was Fidelity Investments, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2014.