State Street SPDR S&P Telecom ETF
XTL
34 hedge funds and large institutions have $41.2M invested in State Street SPDR S&P Telecom ETF in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 5 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
58% more capital invested
Capital invested by funds: $26.2M → $41.2M (+$15.1M)
1.36% more ownership
Funds ownership: 54.33% → 55.68% (+1.4%)
3% less funds holding
Funds holding: 35 → 34 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$15.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.56M |
| 3 |
Morgan Stanley
New York
|
+$1.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$649K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.22M |
| 2 |
Jane Street
New York
|
-$1.52M |
| 3 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$1.47M |
| 4 |
AssetMark Inc
Concord,
California
|
-$982K |
| 5 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $36K | -$7.66K | -108 | -18% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $30K | – | – | – |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| $24K | – | – | – |
|
|
29
AssetMark Inc
Concord,
California
| $14K | -$982K | -13,856 | -99% |
|
|
VWM
30
Valley Wealth Managers
Paramus,
New Jersey
| $10K | +$6.03K | +85 | +170% |
|
|
LNB
31
Ledyard National Bank
| $7K | – | – | – |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
CCS
33
Crosspoint Capital Strategies
Orinda,
California
| $2K | – | – | – |
|
|
ZIG
34
Zurich Insurance Group
Zurich,
Switzerland
| – | -$456K | -6,572 | Closed |
|
35
Goldman Sachs
New York
| – | -$255K | -3,674 | Closed |
|
36
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$210K | -3,023 | Closed |
|
|
HIIFS
37
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$25K | -360 | Closed |
|
38
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -51 | Closed |
|
XTL Hedge Fund Activity: Q1 2017 in Review
34 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q1 2017, worth a combined $41.2M — up 58% from $26.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of XTL and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 16 added.
The largest buyer was Lido Advisors, opening a new position worth an estimated $15.3M. The largest seller was Susquehanna International Group, cutting an estimated $2.22M.
- 34 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q1 2017, down from 35 in Q4 2016.
- Funds reported $41.2M of State Street SPDR S&P Telecom ETF stock for Q1 2017, up 58% quarter-over-quarter.
- 4 funds opened new State Street SPDR S&P Telecom ETF positions in Q1 2017 and 5 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q1 2017 was Lido Advisors, an estimated $15.3M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q1 2017 was Susquehanna International Group, an estimated $2.22M sold.
Based on aggregated 13F filings for Q1 2017.