State Street SPDR S&P Metals & Mining ETF
129 hedge funds and large institutions have $716M invested in State Street SPDR S&P Metals & Mining ETF in 2016 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 35 increasing their positions, 41 reducing their positions, and 19 closing their positions.
111% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 19
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more funds holding
Funds holding: 109 → 129 (+20)
15% less capital invested
Capital invested by funds: $838M → $716M (-$122M)
15% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 41
27.67% less ownership
Funds ownership: 111.91% → 84.25% (-28%)
73% less call options, than puts
Call options by funds: $138M | Put options by funds: $510M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
GLG Partners
London,
United Kingdom
|
+$22.7M |
| 2 |
MLL
Moody Lynn & Lieberson
Boston,
Massachusetts
|
+$15.5M |
| 3 |
VF
Virtu Financial
New York
|
+$13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.2M |
| 5 |
CANY
Caxton Associates (New York)
New York
|
+$8.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$80M |
| 2 |
Morgan Stanley
New York
|
-$73.4M |
| 3 |
JP Morgan Chase
New York
|
-$66.8M |
| 4 |
Citigroup
New York
|
-$32.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$24.4M |
XME Hedge Fund Activity: Q4 2016 in Review
129 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q4 2016, worth a combined $716M — down 15% from $838M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new XME positions and 19 closed out — a net gain of 21 holders — while 35 added to existing stakes and 41 trimmed.
The largest buyer was GLG Partners, opening a new position worth an estimated $22.7M. The largest seller was Goldman Sachs, cutting an estimated $80M.
- 129 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q4 2016, up from 109 in Q3 2016.
- Funds reported $716M of State Street SPDR S&P Metals & Mining ETF stock for Q4 2016, down 15% quarter-over-quarter.
- 40 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q4 2016 and 19 closed out, a net change of +21 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q4 2016 was GLG Partners, an estimated $22.7M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q4 2016 was Goldman Sachs, an estimated $80M sold.
Based on aggregated 13F filings for Q4 2016.