State Street SPDR S&P Telecom ETF
XTL
39 hedge funds and large institutions have $25.5M invested in State Street SPDR S&P Telecom ETF in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 6 closing their positions.
9.78% more ownership
Funds ownership: 32.14% → 41.92% (+9.8%)
9% less funds holding
Funds holding: 43 → 39 (-4)
22% less capital invested
Capital invested by funds: $32.9M → $25.5M (-$7.41M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.89M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.47M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$565K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$509K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.23M |
| 2 |
Jane Street
New York
|
-$3.07M |
| 3 |
Morgan Stanley
New York
|
-$2.08M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.32M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.3M |
XTL Hedge Fund Activity: Q2 2019 in Review
39 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q2 2019, worth a combined $25.5M — down 22% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of XTL and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $4.89M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $3.23M sold.
- 39 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q2 2019, down from 43 in Q1 2019.
- Funds reported $25.5M of State Street SPDR S&P Telecom ETF stock for Q2 2019, down 22% quarter-over-quarter.
- 3 funds opened new State Street SPDR S&P Telecom ETF positions in Q2 2019 and 6 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q2 2019 was Raymond James Financial Services Advisors, an estimated $4.89M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q2 2019 was Envestnet Asset Management, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2019.