State Street SPDR S&P Telecom ETF
XTL
36 hedge funds and large institutions have $25.9M invested in State Street SPDR S&P Telecom ETF in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6.97% more ownership
Funds ownership: 50.73% → 57.7% (+7%)
3% more funds holding
Funds holding: 35 → 36 (+1)
2% less capital invested
Capital invested by funds: $26.5M → $25.9M (-$593K)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$3.59M |
| 2 |
VF
Virtu Financial
New York
|
+$682K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$567K |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$549K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.34M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.53M |
| 3 |
LPL Financial
San Diego,
California
|
-$798K |
| 4 |
Goldman Sachs
New York
|
-$753K |
| 5 |
Jane Street
New York
|
-$637K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
26
Nelson Capital Management
Menlo Park,
California
| $77K | -$33.1K | -480 | -30% |
|
|
PG
27
Patten Group
Chattanooga,
Tennessee
| $51K | – | – | – |
|
|
ECM
28
Exchange Capital Management
Ann Arbor,
Michigan
| $45K | -$18.8K | -273 | -29% |
|
29
Wells Fargo
San Francisco,
California
| $35K | – | – | – |
|
|
IWM
30
IHT Wealth Management
Chicago,
Illinois
| $31K | – | – | – |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $24K | – | – | – |
|
32
Citigroup
New York
| $12K | – | – | – |
|
|
LNB
33
Ledyard National Bank
| $7K | – | – | – |
|
34
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $3K | – | – | – |
|
|
AWE
35
Avidian Wealth Enterprises
Houston,
Texas
| $459 | -$5.24K | -76 | -1% |
|
|
36
LPL Financial
San Diego,
California
| – | -$798K | -11,451 | Closed |
|
37
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$212K | -3,044 | Closed |
|
38
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$126K | -1,802 | Closed |
|
|
GWM
39
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -80 | Closed |
|
XTL Hedge Fund Activity: Q4 2017 in Review
36 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q4 2017, worth a combined $25.9M — down 2.2% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new XTL positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $3.59M. The largest seller was Morgan Stanley, cutting an estimated $3.34M.
- 36 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q4 2017, up from 35 in Q3 2017.
- Funds reported $25.9M of State Street SPDR S&P Telecom ETF stock for Q4 2017, down 2.2% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P Telecom ETF positions in Q4 2017 and 4 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q4 2017 was Migdal Insurance & Financial Holdings, an estimated $3.59M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q4 2017 was Morgan Stanley, an estimated $3.34M sold.
Based on aggregated 13F filings for Q4 2017.