State Street SPDR S&P Metals & Mining ETF
109 hedge funds and large institutions have $838M invested in State Street SPDR S&P Metals & Mining ETF in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 34 increasing their positions, 37 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
11% more funds holding
Funds holding: 98 → 109 (+11)
8% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 37
8% less call options, than puts
Call options by funds: $243M | Put options by funds: $265M
18% less capital invested
Capital invested by funds: $1.02B → $838M (-$180M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
63.45% less ownership
Funds ownership: 175.36% → 111.91% (-63%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$17.6M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$12.2M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
+$11.4M |
| 4 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$7.34M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$97.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$52.4M |
| 3 |
Goldman Sachs
New York
|
-$28.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$24.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$23.6M |
XME Hedge Fund Activity: Q3 2016 in Review
109 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q3 2016, worth a combined $838M — down 18% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new XME positions and 14 closed out — a net gain of 12 holders — while 34 added to existing stakes and 37 trimmed.
The largest buyer was UBS Group, adding an estimated $17.6M. The largest seller was Citigroup, cutting an estimated $97.3M.
- 109 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q3 2016, up from 98 in Q2 2016.
- Funds reported $838M of State Street SPDR S&P Metals & Mining ETF stock for Q3 2016, down 18% quarter-over-quarter.
- 26 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q3 2016 and 14 closed out, a net change of +12 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q3 2016 was UBS Group, an estimated $17.6M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q3 2016 was Citigroup, an estimated $97.3M sold.
Based on aggregated 13F filings for Q3 2016.