State Street SPDR S&P Telecom ETF
XTL
33 hedge funds and large institutions have $16.8M invested in State Street SPDR S&P Telecom ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 9 closing their positions.
7.94% less ownership
Funds ownership: 49.62% → 41.69% (-7.9%)
18% less funds holding
Funds holding: 40 → 33 (-7)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
40% less capital invested
Capital invested by funds: $27.7M → $16.8M (-$11M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
+$3.31M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.43M |
| 3 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
+$201K |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$124K |
| 5 |
LOIM
Liberty One Investment Management
Libertyville,
Illinois
|
+$26.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$3.08M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.17M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$746K |
| 5 |
Morgan Stanley
New York
|
-$525K |
XTL Hedge Fund Activity: Q1 2020 in Review
33 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q1 2020, worth a combined $16.8M — down 40% from $27.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of XTL and 5 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Waldron Private Wealth, opening a new position worth an estimated $3.31M. The largest seller was IMC Chicago, exiting entirely with an estimated $3.08M sold.
- 33 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q1 2020, down from 40 in Q4 2019.
- Funds reported $16.8M of State Street SPDR S&P Telecom ETF stock for Q1 2020, down 40% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P Telecom ETF positions in Q1 2020 and 9 closed out, a net change of -4 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q1 2020 was Waldron Private Wealth, an estimated $3.31M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q1 2020 was IMC Chicago, an estimated $3.08M sold.
Based on aggregated 13F filings for Q1 2020.