State Street SPDR S&P Oil & Gas Exploration & Production ETF
112 hedge funds and large institutions have $3.13B invested in State Street SPDR S&P Oil & Gas Exploration & Production ETF in 2014 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 33 closing their positions.
15% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 33
4% more funds holding
Funds holding: 108 → 112 (+4)
14% less ownership
Funds ownership: 68% → 54% (-14%)
15% less capital invested
Capital invested by funds: $3.68B → $3.13B (-$552M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
34% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 32
54% less call options, than puts
Call options by funds: $771M | Put options by funds: $1.66B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$71.4M |
| 2 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
+$56.2M |
| 3 |
Morgan Stanley
New York
|
+$48M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$38.2M |
| 5 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$106M |
| 2 |
Citigroup
New York
|
-$94.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$37.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$16.6M |
XOP Hedge Fund Activity: Q3 2014 in Review
112 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) for Q3 2014, worth a combined $3.13B — down 15% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new XOP positions and 33 closed out — a net gain of 5 holders — while 21 added to existing stakes and 32 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $71.4M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $106M sold.
- 112 institutional investors held State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) as of Q3 2014, up from 108 in Q2 2014.
- Funds reported $3.13B of State Street SPDR S&P Oil & Gas Exploration & Production ETF stock for Q3 2014, down 15% quarter-over-quarter.
- 38 funds opened new State Street SPDR S&P Oil & Gas Exploration & Production ETF positions in Q3 2014 and 33 closed out, a net change of +5 holders.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF buyer in Q3 2014 was Goldman Sachs, an estimated $71.4M added.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF seller in Q3 2014 was Discovery Capital Management, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2014.