State Street SPDR S&P Semiconductor ETF
46 hedge funds and large institutions have $132M invested in State Street SPDR S&P Semiconductor ETF in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
12% more funds holding
Funds holding: 41 → 46 (+5)
11% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $1.28M
2% less capital invested
Capital invested by funds: $134M → $132M (-$2.27M)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
5.51% less ownership
Funds ownership: 146.18% → 140.66% (-5.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
+$13.7M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.29M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.83M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.19M |
| 5 |
AIG
American International Group
New York
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.6M |
| 2 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$10.3M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$3.59M |
| 4 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$3.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$181K | -4,924 | Closed |
|
|
PTC
52
Private Trust Company
Cleveland,
Ohio
| – | -$22K | -600 | Closed |
|
|
PAG
53
Private Advisor Group
Morristown,
New Jersey
| – | -$21K | -560 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$15K | -400 | Closed |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -200 | Closed |
|
56
Parallax Volatility Advisers
San Francisco,
California
| – | +$73 | +2 | New |
|
XSD Hedge Fund Activity: Q4 2014 in Review
46 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Semiconductor ETF (XSD) for Q4 2014, worth a combined $132M — down 1.7% from $134M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new XSD positions and 11 closed out — a net gain of 7 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Sandler Capital Management, opening a new position worth an estimated $13.7M. The largest seller was Morgan Stanley, cutting an estimated $15.6M.
- 46 institutional investors held State Street SPDR S&P Semiconductor ETF (XSD) as of Q4 2014, up from 41 in Q3 2014.
- Funds reported $132M of State Street SPDR S&P Semiconductor ETF stock for Q4 2014, down 1.7% quarter-over-quarter.
- 18 funds opened new State Street SPDR S&P Semiconductor ETF positions in Q4 2014 and 11 closed out, a net change of +7 holders.
- The largest State Street SPDR S&P Semiconductor ETF buyer in Q4 2014 was Sandler Capital Management, an estimated $13.7M added.
- The largest State Street SPDR S&P Semiconductor ETF seller in Q4 2014 was Morgan Stanley, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2014.