State Street SPDR S&P Metals & Mining ETF
XME
109 hedge funds and large institutions have $575M invested in State Street SPDR S&P Metals & Mining ETF in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 42 reducing their positions, and 40 closing their positions.
3.34% more ownership
Funds ownership: 88.46% → 91.8% (+3.3%)
18% less funds holding
Funds holding: 133 → 109 (-24)
29% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 42
29% less capital invested
Capital invested by funds: $813M → $575M (-$238M)
31% less call options, than puts
Call options by funds: $125M | Put options by funds: $182M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
60% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 40
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.9M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.7M |
| 3 |
N
Natixis
Paris,
France
|
+$14.6M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.21M |
| 5 |
Jane Street
New York
|
+$5.27M |
Top Sellers
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$56.4M |
| 2 |
JP Morgan Chase
New York
|
-$44.1M |
| 3 |
Morgan Stanley
New York
|
-$36.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$20.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.7M |
XME Hedge Fund Activity: Q2 2017 in Review
109 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q2 2017, worth a combined $575M — down 29% from $813M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of XME and 16 opened new positions — a net loss of 24 holders — while 42 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, adding an estimated $20.9M. The largest seller was Bank of Nova Scotia, cutting an estimated $56.4M.
- 109 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q2 2017, down from 133 in Q1 2017.
- Funds reported $575M of State Street SPDR S&P Metals & Mining ETF stock for Q2 2017, down 29% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q2 2017 and 40 closed out, a net change of -24 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q2 2017 was Credit Suisse, an estimated $20.9M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q2 2017 was Bank of Nova Scotia, an estimated $56.4M sold.
Based on aggregated 13F filings for Q2 2017.