State Street SPDR S&P Telecom ETF
XTL
35 hedge funds and large institutions have $26.5M invested in State Street SPDR S&P Telecom ETF in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
6% more funds holding
Funds holding: 33 → 35 (+2)
0.24% more ownership
Funds ownership: 50.49% → 50.73% (+0.24%)
32% less capital invested
Capital invested by funds: $39.2M → $26.5M (-$12.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$1.23M |
| 2 |
Jane Street
New York
|
+$1.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.03M |
| 4 |
SG Americas Securities
New York
|
+$500K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
-$14.6M |
| 2 |
Morgan Stanley
New York
|
-$1.38M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$805K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$409K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
26
Patten Group
Chattanooga,
Tennessee
| $52K | -$562 | -8 | -1% |
|
27
Wells Fargo
San Francisco,
California
| $35K | – | – | – |
|
|
IWM
28
IHT Wealth Management
Chicago,
Illinois
| $31K | – | – | – |
|
|
PA
29
Parallel Advisors
San Francisco,
California
| $23K | – | – | – |
|
30
AssetMark Inc
Concord,
California
| $16K | -$211 | -3 | -1% |
|
31
Citigroup
New York
| $12K | – | – | – |
|
|
LNB
32
Ledyard National Bank
| $7K | – | – | – |
|
|
GWM
33
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
34
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $3K | – | – | – |
|
|
35
Lido Advisors
Los Angeles,
California
| – | -$14.6M | -206,592 | Closed |
|
|
RJFSA
36
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$409K | -5,788 | Closed |
|
|
SF
37
Synovus Financial
Columbus,
Georgia
| – | -$22K | -300 | Closed |
|
XTL Hedge Fund Activity: Q3 2017 in Review
35 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q3 2017, worth a combined $26.5M — down 32% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new XTL positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Transform Wealth, opening a new position worth an estimated $1.23M. The largest seller was Lido Advisors, exiting entirely with an estimated $14.6M sold.
- 35 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q3 2017, up from 33 in Q2 2017.
- Funds reported $26.5M of State Street SPDR S&P Telecom ETF stock for Q3 2017, down 32% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P Telecom ETF positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q3 2017 was Transform Wealth, an estimated $1.23M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q3 2017 was Lido Advisors, an estimated $14.6M sold.
Based on aggregated 13F filings for Q3 2017.