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State Street SPDR S&P Metals & Mining ETF

109 hedge funds and large institutions have $331M invested in State Street SPDR S&P Metals & Mining ETF in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 40 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $266M | Put options by funds: $186M

0% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 20

2% less funds holding

Funds holding: 111109 (-2)

24% less capital invested

Capital invested by funds: $438M → $331M (-$107M)

25% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 40

30.66% less ownership

Funds ownership: 101.4%70.74% (-31%)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
109
Holders Change
-2
Holders Change %
-1.8%
% of All Funds
2.36%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
30
Reduced
40
Closed
20
Calls
$266M
Puts
$186M
Net Calls
+$80M
Net Calls Change
+$291M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$40.3M -$19.4M -652,960 -32%
Barclays
2
Barclays
United Kingdom
$35.7M +$15M +505,499 +73%
Morgan Stanley
3
Morgan Stanley
New York
$29.3M -$74.9M -2,525,643 -72%
JP Morgan Chase
4
JP Morgan Chase
New York
$21.5M +$10.2M +344,284 +90%
UBS Group
5
UBS Group
Switzerland
$15.8M -$8.49M -286,314 -35%
Bank of America
6
Bank of America
North Carolina
$15.1M -$4.11M -138,543 -21%
BNP Paribas Financial Markets
7
BNP Paribas Financial Markets
France
$13.4M -$13.6M -458,326 -50%
CA
8
Commerzbank Aktiengesellschaft
Germany
$11.2M -$2.46M -82,940 -18%
SG Americas Securities
9
SG Americas Securities
New York
$11M -$1.64M -55,326 -13%
CS
10
Credit Suisse
Switzerland
$9.92M -$586K -19,776 -6%
N
11
Natixis
France
$9.73M -$22.9M -772,400 -70%
Citadel Advisors
12
Citadel Advisors
Florida
$9.39M -$294K -9,908 -3%
Wells Fargo
13
Wells Fargo
California
$8.58M +$852K +28,723 +11%
Citigroup
14
Citigroup
New York
$7.01M -$17.2M -581,247 -71%
Twin Tree Management
15
Twin Tree Management
Texas
$6.95M +$4.68M +157,989 +208%
Two Sigma Investments
16
Two Sigma Investments
New York
$6.69M +$4.43M +149,511 +197%
FIM
17
Foresters Investment Management
New York
$6.24M +$6.23M +210,200 New
TRCT
18
Tower Research Capital (TRC)
New York
$5.47M +$454K +15,323 +9%
Jane Street
19
Jane Street
New York
$5.31M -$13.2M -445,264 -71%
TAM
20
Tocqueville Asset Management
New York
$4.7M
GCM
21
Graham Capital Management
Connecticut
$4.45M +$4.45M +150,000 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$3.54M -$893K -30,110 -20%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$3.46M -$1.51M -50,931 -30%
Jennison Associates
24
Jennison Associates
New York
$3.14M +$791K +26,690 +34%
CG
25
Cutler Group
California
$2.72M +$1.16M +38,990 +74%

XME Hedge Fund Activity: Q1 2019 in Review

109 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q1 2019, worth a combined $331M — down 24% from $438M a quarter earlier.

Fund positioning in XME was balanced in Q1 2019: 20 funds opened new positions, 20 closed out, 30 added to existing stakes and 40 trimmed.

The largest buyer was Barclays, adding an estimated $15M. The largest seller was Morgan Stanley, cutting an estimated $74.9M.

  • 109 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q1 2019, down from 111 in Q4 2018.
  • Funds reported $331M of State Street SPDR S&P Metals & Mining ETF stock for Q1 2019, down 24% quarter-over-quarter.
  • 20 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q1 2019 and 20 closed out, a net change of 0 holders.
  • The largest State Street SPDR S&P Metals & Mining ETF buyer in Q1 2019 was Barclays, an estimated $15M added.
  • The largest State Street SPDR S&P Metals & Mining ETF seller in Q1 2019 was Morgan Stanley, an estimated $74.9M sold.

Based on aggregated 13F filings for Q1 2019.