State Street SPDR S&P Software & Services ETF
XSW
66 hedge funds and large institutions have $108M invested in State Street SPDR S&P Software & Services ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
36% more capital invested
Capital invested by funds: $79.5M → $108M (+$28.5M)
18% more funds holding
Funds holding: 56 → 66 (+10)
1.26% less ownership
Funds ownership: 45.88% → 44.62% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.45M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.09M |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
+$930K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$703K |
| 5 |
Jane Street
New York
|
+$588K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.41M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.13M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.16M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$500K |
XSW Hedge Fund Activity: Q2 2020 in Review
66 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q2 2020, worth a combined $108M — up 36% from $79.5M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new XSW positions and 7 closed out — a net gain of 11 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $1.45M. The largest seller was Morgan Stanley, cutting an estimated $3.12M.
- 66 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q2 2020, up from 56 in Q1 2020.
- Funds reported $108M of State Street SPDR S&P Software & Services ETF stock for Q2 2020, up 36% quarter-over-quarter.
- 18 funds opened new State Street SPDR S&P Software & Services ETF positions in Q2 2020 and 7 closed out, a net change of +11 holders.
- The largest State Street SPDR S&P Software & Services ETF buyer in Q2 2020 was Bank of America, an estimated $1.45M added.
- The largest State Street SPDR S&P Software & Services ETF seller in Q2 2020 was Morgan Stanley, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2020.