State Street SPDR S&P Semiconductor ETF

XSD

Market cap $2.8B

XSD Hedge Fund Activity: Q3 2015 in Review

41 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Semiconductor ETF (XSD) for Q3 2015, worth a combined $80M — down 47% from $152M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of XSD and 6 opened new positions — a net loss of 14 holders — while 16 trimmed existing stakes and 10 added.

The largest buyer was Goldman Sachs, adding an estimated $5.91M. The largest seller was Morgan Stanley, cutting an estimated $14.3M.

• 41 institutional investors held State Street SPDR S&P Semiconductor ETF (XSD) as of Q3 2015, down from 56 in Q2 2015.
• Funds reported $80M of State Street SPDR S&P Semiconductor ETF stock for Q3 2015, down 47% quarter-over-quarter.
• 6 funds opened new State Street SPDR S&P Semiconductor ETF positions in Q3 2015 and 20 closed out, a net change of -14 holders.
• The largest State Street SPDR S&P Semiconductor ETF buyer in Q3 2015 was Goldman Sachs, an estimated $5.91M added.
• The largest State Street SPDR S&P Semiconductor ETF seller in Q3 2015 was Morgan Stanley, an estimated $14.3M sold.

Based on aggregated 13F filings for Q3 2015.