State Street SPDR S&P Telecom ETF
XTL
12 hedge funds and large institutions have $28.6M invested in State Street SPDR S&P Telecom ETF in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
252% more capital invested
Capital invested by funds: $8.14M → $28.6M (+$20.5M)
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
70.45% more ownership
Funds ownership: 57.04% → 127.49% (+70%)
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$9.19M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.16M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.11M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$646K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$171K |
| 3 |
CHC
City Holding Co
Charleston,
West Virginia
|
-$16.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UCFA
1
United Capital Financial Advisors
Irving,
Texas
| $10.6M | +$9.19M | +165,608 | +771% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $10.6M | +$9.18M | +165,327 | +767% |
|
3
Morgan Stanley
New York
| $2.51M | +$170K | +3,066 | +7% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.18M | +$1.16M | +20,813 | New |
|
|
VKH
5
Virtu KCG Holdings
New York
| $1.14M | +$1.11M | +19,988 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $1.01M | -$171K | -3,074 | -15% |
|
|
AIP
7
ARS Investment Partners
New York
| $916K | +$39.1K | +704 | +5% |
|
|
BRWA
8
B. Riley Wealth Advisors
Boca Raton,
Florida
| $299K | +$356K | +6,410 | +153% |
|
|
CHC
9
City Holding Co
Charleston,
West Virginia
| $272K | -$16.7K | -300 | -6% |
|
|
BFEC
10
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $50K | +$8.33K | +150 | +20% |
|
11
Wells Fargo
San Francisco,
California
| $30K | – | – | – |
|
|
LNB
12
Ledyard National Bank
| $8K | – | – | – |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$646K | -11,330 | Closed |
|
XTL Hedge Fund Activity: Q2 2014 in Review
12 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q2 2014, worth a combined $28.6M — up 252% from $8.14M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new XTL positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $9.19M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $646K sold.
- 12 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $28.6M of State Street SPDR S&P Telecom ETF stock for Q2 2014, up 252% quarter-over-quarter.
- 2 funds opened new State Street SPDR S&P Telecom ETF positions in Q2 2014 and 1 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q2 2014 was United Capital Financial Advisors, an estimated $9.19M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q2 2014 was Susquehanna International Group, an estimated $646K sold.
Based on aggregated 13F filings for Q2 2014.