State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
390 hedge funds and large institutions have $3.6B invested in State Street SPDR S&P Oil & Gas Exploration & Production ETF in 2023 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 123 increasing their positions, 92 reducing their positions, and 38 closing their positions.
129% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 38
34% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 92
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
13% more funds holding
Funds holding: 346 → 390 (+44)
3% more capital invested
Capital invested by funds: $3.49B → $3.6B (+$108M)
15.2% less ownership
Funds ownership: 112.87% → 97.67% (-15%)
45% less call options, than puts
Call options by funds: $1.54B | Put options by funds: $2.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$71.6M |
| 2 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$60.9M |
| 3 |
Goldman Sachs
New York
|
+$52.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$43M |
| 5 |
MCM
Moore Capital Management
New York
|
+$37.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$199M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$142M |
| 3 |
Citigroup
New York
|
-$140M |
| 4 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$129M |
| 5 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
-$51.9M |
XOP Hedge Fund Activity: Q3 2023 in Review
390 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) for Q3 2023, worth a combined $3.6B — up 3.1% from $3.49B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new XOP positions and 38 closed out — a net gain of 49 holders — while 123 added to existing stakes and 92 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $71.6M. The largest seller was Toronto Dominion Bank, cutting an estimated $199M.
- 390 institutional investors held State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) as of Q3 2023, up from 346 in Q2 2023.
- Funds reported $3.6B of State Street SPDR S&P Oil & Gas Exploration & Production ETF stock for Q3 2023, up 3.1% quarter-over-quarter.
- 87 funds opened new State Street SPDR S&P Oil & Gas Exploration & Production ETF positions in Q3 2023 and 38 closed out, a net change of +49 holders.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF buyer in Q3 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $71.6M added.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF seller in Q3 2023 was Toronto Dominion Bank, an estimated $199M sold.
Based on aggregated 13F filings for Q3 2023.