State Street SPDR S&P Telecom ETF
XTL
13 hedge funds and large institutions have $30.6M invested in State Street SPDR S&P Telecom ETF in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 12 → 13 (+1)
7% more capital invested
Capital invested by funds: $28.6M → $30.6M (+$2.01M)
4.39% less ownership
Funds ownership: 127.49% → 123.1% (-4.4%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.26M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.25M |
| 3 |
SG Americas Securities
New York
|
+$582K |
| 4 |
AIP
ARS Investment Partners
New York
|
+$43.8K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$39.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.14M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$791K |
| 3 |
Morgan Stanley
New York
|
-$514K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$245K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UCFA
1
United Capital Financial Advisors
Irving,
Texas
| $12.6M | +$2.26M | +40,133 | +21% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $12.5M | +$2.25M | +39,924 | +21% |
|
|
3
Morgan Stanley
New York
| $1.94M | -$514K | -9,141 | -21% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $954K | -$34K | -604 | -3% |
|
|
AIP
5
ARS Investment Partners
New York
| $936K | +$43.8K | +779 | +5% |
|
|
6
SG Americas Securities
New York
| $572K | +$582K | +10,338 | New |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $374K | -$791K | -14,056 | -68% |
|
|
BRWA
8
B. Riley Wealth Advisors
Boca Raton,
Florida
| $346K | -$245K | -4,350 | -41% |
|
|
CHC
9
City Holding Co
Charleston,
West Virginia
| $270K | – | – | – |
|
|
BFEC
10
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $88K | +$39.4K | +700 | +79% |
|
11
Wells Fargo
San Francisco,
California
| $30K | – | – | – |
|
12
Ameriprise
Minneapolis,
Minnesota
| $15K | +$15.6K | +277 | New |
|
|
LNB
13
Ledyard National Bank
| $6K | -$1.97K | -35 | -25% |
|
|
VKH
14
Virtu KCG Holdings
New York
| – | -$1.14M | -19,988 | Closed |
|
XTL Hedge Fund Activity: Q3 2014 in Review
13 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q3 2014, worth a combined $30.6M — up 7% from $28.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new XTL positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $2.26M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.14M sold.
- 13 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q3 2014, up from 12 in Q2 2014.
- Funds reported $30.6M of State Street SPDR S&P Telecom ETF stock for Q3 2014, up 7% quarter-over-quarter.
- 2 funds opened new State Street SPDR S&P Telecom ETF positions in Q3 2014 and 1 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q3 2014 was United Capital Financial Advisors, an estimated $2.26M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q3 2014 was Virtu KCG Holdings, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2014.