State Street SPDR S&P Semiconductor ETF

XSD

Market cap $2.8B

XSD Hedge Fund Activity: Q2 2016 in Review

44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Semiconductor ETF (XSD) for Q2 2016, worth a combined $169M — down 5.1% from $178M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of XSD and 4 opened new positions — a net loss of 10 holders — while 17 trimmed existing stakes and 13 added.

The largest buyer was Sandler Capital Management, opening a new position worth an estimated $6.13M. The largest seller was Morgan Stanley, cutting an estimated $11.8M.

• 44 institutional investors held State Street SPDR S&P Semiconductor ETF (XSD) as of Q2 2016, down from 54 in Q1 2016.
• Funds reported $169M of State Street SPDR S&P Semiconductor ETF stock for Q2 2016, down 5.1% quarter-over-quarter.
• 4 funds opened new State Street SPDR S&P Semiconductor ETF positions in Q2 2016 and 14 closed out, a net change of -10 holders.
• The largest State Street SPDR S&P Semiconductor ETF buyer in Q2 2016 was Sandler Capital Management, an estimated $6.13M added.
• The largest State Street SPDR S&P Semiconductor ETF seller in Q2 2016 was Morgan Stanley, an estimated $11.8M sold.

Based on aggregated 13F filings for Q2 2016.