State Street SPDR S&P Telecom ETF
XTL
25 hedge funds and large institutions have $15.2M invested in State Street SPDR S&P Telecom ETF in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.
14% less funds holding
Funds holding: 29 → 25 (-4)
21.43% less ownership
Funds ownership: 93.4% → 71.96% (-21%)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
77% less capital invested
Capital invested by funds: $67.2M → $15.2M (-$51.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.36M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$246K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$16.2K |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$9.79K |
| 5 |
Citigroup
New York
|
+$9.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$46.8M |
| 2 |
CNB
City National Bank
Beverly Hills,
California
|
-$1.02M |
| 3 |
Morgan Stanley
New York
|
-$857K |
| 4 |
HF
HRT Financial
New York
|
-$502K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$322K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$322K | -5,601 | Closed |
|
27
HighTower Advisors
Chicago,
Illinois
| – | -$219K | -3,802 | Closed |
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$211K | -3,665 | Closed |
|
|
EWM
29
Evercore Wealth Management
New York
| – | -$19K | -322 | Closed |
|
XTL Hedge Fund Activity: Q3 2015 in Review
25 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q3 2015, worth a combined $15.2M — down 77% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of XTL and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $1.36M. The largest seller was Bank of America, cutting an estimated $46.8M.
- 25 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q3 2015, down from 29 in Q2 2015.
- Funds reported $15.2M of State Street SPDR S&P Telecom ETF stock for Q3 2015, down 77% quarter-over-quarter.
- 2 funds opened new State Street SPDR S&P Telecom ETF positions in Q3 2015 and 5 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q3 2015 was Jane Street, an estimated $1.36M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q3 2015 was Bank of America, an estimated $46.8M sold.
Based on aggregated 13F filings for Q3 2015.