State Street SPDR S&P Software & Services ETF
XSW
56 hedge funds and large institutions have $79.5M invested in State Street SPDR S&P Software & Services ETF in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
2% more funds holding
Funds holding: 55 → 56 (+1)
0.98% less ownership
Funds ownership: 46.86% → 45.88% (-0.98%)
26% less capital invested
Capital invested by funds: $108M → $79.5M (-$28.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
McGuire Investment Group
Wakefield,
Rhode Island
|
+$4.28M |
| 2 |
Morgan Stanley
New York
|
+$3.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.92M |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$2.33M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$14.4M |
| 2 |
SRSA
S.R. Schill & Associates
Mercer Island,
Washington
|
-$3.2M |
| 3 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$2.9M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.64M |
| 5 |
Jane Street
New York
|
-$1.92M |
XSW Hedge Fund Activity: Q1 2020 in Review
56 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q1 2020, worth a combined $79.5M — down 26% from $108M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new XSW positions and 10 closed out — a net gain of 3 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was McGuire Investment Group, adding an estimated $4.28M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $14.4M sold.
- 56 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q1 2020, up from 55 in Q4 2019.
- Funds reported $79.5M of State Street SPDR S&P Software & Services ETF stock for Q1 2020, down 26% quarter-over-quarter.
- 13 funds opened new State Street SPDR S&P Software & Services ETF positions in Q1 2020 and 10 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P Software & Services ETF buyer in Q1 2020 was McGuire Investment Group, an estimated $4.28M added.
- The largest State Street SPDR S&P Software & Services ETF seller in Q1 2020 was Manulife (Manufacturers Life Insurance), an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2020.