State Street SPDR S&P Telecom ETF
XTL
41 hedge funds and large institutions have $26.3M invested in State Street SPDR S&P Telecom ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 9 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
7% less funds holding
Funds holding: 44 → 41 (-3)
29% less capital invested
Capital invested by funds: $37M → $26.3M (-$10.7M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
34.2% less ownership
Funds ownership: 76.54% → 42.34% (-34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$858K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$502K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$346K |
| 4 |
Jane Street
New York
|
+$233K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$10.5M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.51M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$958K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$236K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$216K |
XTL Hedge Fund Activity: Q2 2023 in Review
41 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q2 2023, worth a combined $26.3M — down 29% from $37M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of XTL and 6 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was IMC Chicago, adding an estimated $858K. The largest seller was Money Concepts Capital, exiting entirely with an estimated $10.5M sold.
- 41 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q2 2023, down from 44 in Q1 2023.
- Funds reported $26.3M of State Street SPDR S&P Telecom ETF stock for Q2 2023, down 29% quarter-over-quarter.
- 6 funds opened new State Street SPDR S&P Telecom ETF positions in Q2 2023 and 9 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q2 2023 was IMC Chicago, an estimated $858K added.
- The largest State Street SPDR S&P Telecom ETF seller in Q2 2023 was Money Concepts Capital, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2023.