State Street SPDR S&P Telecom ETF
XTL
34 hedge funds and large institutions have $63.3M invested in State Street SPDR S&P Telecom ETF in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 7 closing their positions.
144% more capital invested
Capital invested by funds: $25.9M → $63.3M (+$37.4M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
3.61% less ownership
Funds ownership: 57.7% → 54.08% (-3.6%)
6% less funds holding
Funds holding: 36 → 34 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$36.5M |
| 2 |
WCG
Wall Capital Group
Phoenix,
Arizona
|
+$4.86M |
| 3 |
Morgan Stanley
New York
|
+$3.26M |
| 4 |
Jane Street
New York
|
+$2.32M |
| 5 |
PSF
Pacific Sun Financial
Los Angeles,
California
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$4.33M |
| 2 |
Goldman Sachs
New York
|
-$1.62M |
| 3 |
SG Americas Securities
New York
|
-$1.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.33M |
| 5 |
VF
Virtu Financial
New York
|
-$888K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IWM
26
IHT Wealth Management
Chicago,
Illinois
| $30K | – | – | – |
|
|
PA
27
Parallel Advisors
San Francisco,
California
| $24K | – | – | – |
|
28
Citigroup
New York
| $12K | – | – | – |
|
|
BCA
29
Bray Capital Advisors
Naples,
Florida
| $9K | +$8.76K | +125 | New |
|
|
LNB
30
Ledyard National Bank
| $7K | – | – | – |
|
31
AssetMark Inc
Concord,
California
| $4K | -$419K | -5,985 | -99% |
|
32
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $3K | – | – | – |
|
33
William Blair & Company
Chicago,
Illinois
| $3K | +$3.15K | +45 | New |
|
|
MIFH
34
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$4.33M | -52,125 | Closed |
|
|
35
Goldman Sachs
New York
| – | -$1.62M | -23,727 | Closed |
|
|
36
SG Americas Securities
New York
| – | -$1.48M | -21,675 | Closed |
|
|
37
Citadel Advisors
Miami,
Florida
| – | -$1.33M | -19,543 | Closed |
|
|
VF
38
Virtu Financial
New York
| – | -$888K | -12,995 | Closed |
|
|
HW
39
Hancock Whitney
Gulfport,
Mississippi
| – | -$391K | -5,728 | Closed |
|
40
Credit Agricole
Montrouge Cedex,
France
| – | -$301K | -4,400 | Closed |
|
XTL Hedge Fund Activity: Q1 2018 in Review
34 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q1 2018, worth a combined $63.3M — up 144% from $25.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of XTL and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $36.5M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $4.33M sold.
- 34 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q1 2018, down from 36 in Q4 2017.
- Funds reported $63.3M of State Street SPDR S&P Telecom ETF stock for Q1 2018, up 144% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P Telecom ETF positions in Q1 2018 and 7 closed out, a net change of -2 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q1 2018 was Bank of America, an estimated $36.5M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q1 2018 was Migdal Insurance & Financial Holdings, an estimated $4.33M sold.
Based on aggregated 13F filings for Q1 2018.