State Street SPDR S&P Software & Services ETF
XSW
54 hedge funds and large institutions have $89.8M invested in State Street SPDR S&P Software & Services ETF in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 10 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
5% less funds holding
Funds holding: 57 → 54 (-3)
7.55% less ownership
Funds ownership: 48.68% → 41.12% (-7.6%)
26% less capital invested
Capital invested by funds: $122M → $89.8M (-$32.2M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRSA
S.R. Schill & Associates
Mercer Island,
Washington
|
+$3.08M |
| 2 |
Morgan Stanley
New York
|
+$1.56M |
| 3 |
LPL Financial
San Diego,
California
|
+$880K |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$678K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$14.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.82M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.76M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$2.62M |
XSW Hedge Fund Activity: Q3 2019 in Review
54 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q3 2019, worth a combined $89.8M — down 26% from $122M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of XSW and 7 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 19 added.
The largest buyer was S.R. Schill & Associates, opening a new position worth an estimated $3.08M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $14.2M sold.
- 54 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q3 2019, down from 57 in Q2 2019.
- Funds reported $89.8M of State Street SPDR S&P Software & Services ETF stock for Q3 2019, down 26% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P Software & Services ETF positions in Q3 2019 and 10 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Software & Services ETF buyer in Q3 2019 was S.R. Schill & Associates, an estimated $3.08M added.
- The largest State Street SPDR S&P Software & Services ETF seller in Q3 2019 was Niemann Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2019.