State Street SPDR S&P Metals & Mining ETF
115 hedge funds and large institutions have $551M invested in State Street SPDR S&P Metals & Mining ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 44 reducing their positions, and 33 closing their positions.
0.7% less ownership
Funds ownership: 73.5% → 72.8% (-0.7%)
14% less funds holding
Funds holding: 133 → 115 (-18)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less capital invested
Capital invested by funds: $693M → $551M (-$142M)
32% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 44
41% less call options, than puts
Call options by funds: $143M | Put options by funds: $243M
52% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$17.4M |
| 2 |
Citigroup
New York
|
+$7.17M |
| 3 |
Barclays
London,
United Kingdom
|
+$5.19M |
| 4 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$4.49M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$47.4M |
| 2 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$28.6M |
| 3 |
Morgan Stanley
New York
|
-$16.4M |
| 4 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
-$9.78M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$9.74M |
XME Hedge Fund Activity: Q3 2018 in Review
115 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q3 2018, worth a combined $551M — down 21% from $693M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of XME and 16 opened new positions — a net loss of 17 holders — while 44 trimmed existing stakes and 30 added.
The largest buyer was Natixis, adding an estimated $17.4M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $47.4M.
- 115 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q3 2018, down from 133 in Q2 2018.
- Funds reported $551M of State Street SPDR S&P Metals & Mining ETF stock for Q3 2018, down 21% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q3 2018 and 33 closed out, a net change of -17 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q3 2018 was Natixis, an estimated $17.4M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q3 2018 was BNP Paribas Financial Markets, an estimated $47.4M sold.
Based on aggregated 13F filings for Q3 2018.