State Street SPDR S&P Telecom ETF
XTL
40 hedge funds and large institutions have $26.7M invested in State Street SPDR S&P Telecom ETF in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 13 closing their positions.
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 41 → 40 (-1)
6.6% less ownership
Funds ownership: 34% → 27.4% (-6.6%)
56% less capital invested
Capital invested by funds: $60.9M → $26.7M (-$34.2M)
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.08M |
| 2 |
AssetMark Inc
Concord,
California
|
+$887K |
| 3 |
VF
Virtu Financial
New York
|
+$824K |
| 4 |
B
Bailard
Foster City,
California
|
+$368K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$12.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.98M |
| 3 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$3.79M |
| 4 |
Jane Street
New York
|
-$2.82M |
| 5 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$1.7M |
XTL Hedge Fund Activity: Q4 2018 in Review
40 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q4 2018, worth a combined $26.7M — down 56% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of XTL and 12 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 4 added.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $1.08M. The largest seller was Morgan Stanley, cutting an estimated $12.2M.
- 40 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q4 2018, down from 41 in Q3 2018.
- Funds reported $26.7M of State Street SPDR S&P Telecom ETF stock for Q4 2018, down 56% quarter-over-quarter.
- 12 funds opened new State Street SPDR S&P Telecom ETF positions in Q4 2018 and 13 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q4 2018 was Bank of Montreal, an estimated $1.08M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q4 2018 was Morgan Stanley, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2018.