State Street SPDR S&P Metals & Mining ETF

XME

Market cap $3.9B

XME Hedge Fund Activity: Q1 2015 in Review

65 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q1 2015, worth a combined $355M — down 25% from $476M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of XME and 13 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 25 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $17.8M. The largest seller was Bank of America, cutting an estimated $34.7M.

• 65 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q1 2015, down from 71 in Q4 2014.
• Funds reported $355M of State Street SPDR S&P Metals & Mining ETF stock for Q1 2015, down 25% quarter-over-quarter.
• 13 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q1 2015 and 18 closed out, a net change of -5 holders.
• The largest State Street SPDR S&P Metals & Mining ETF buyer in Q1 2015 was Wellington Management Group, an estimated $17.8M added.
• The largest State Street SPDR S&P Metals & Mining ETF seller in Q1 2015 was Bank of America, an estimated $34.7M sold.

Based on aggregated 13F filings for Q1 2015.