State Street SPDR S&P Metals & Mining ETF
XME
111 hedge funds and large institutions have $438M invested in State Street SPDR S&P Metals & Mining ETF in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 33 closing their positions.
28.41% more ownership
Funds ownership: 72.99% → 101.4% (+28%)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
4% less funds holding
Funds holding: 116 → 111 (-5)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
21% less capital invested
Capital invested by funds: $552M → $438M (-$114M)
59% less call options, than puts
Call options by funds: $144M | Put options by funds: $355M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.3M |
| 2 |
Goldman Sachs
New York
|
+$33.4M |
| 3 |
Jane Street
New York
|
+$17.9M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$12.4M |
| 5 |
SG Americas Securities
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
-$37.2M |
| 2 |
MM
Main Management
San Francisco,
California
|
-$30.2M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$26.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$12.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.5M |
XME Hedge Fund Activity: Q4 2018 in Review
111 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q4 2018, worth a combined $438M — down 21% from $552M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of XME and 29 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 31 added.
The largest buyer was Morgan Stanley, adding an estimated $52.3M. The largest seller was Main Management ETF Advisors, exiting entirely with an estimated $37.2M sold.
- 111 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q4 2018, down from 116 in Q3 2018.
- Funds reported $438M of State Street SPDR S&P Metals & Mining ETF stock for Q4 2018, down 21% quarter-over-quarter.
- 29 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q4 2018 and 33 closed out, a net change of -4 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q4 2018 was Morgan Stanley, an estimated $52.3M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q4 2018 was Main Management ETF Advisors, an estimated $37.2M sold.
Based on aggregated 13F filings for Q4 2018.