State Street SPDR S&P Telecom ETF
XTL
44 hedge funds and large institutions have $38.7M invested in State Street SPDR S&P Telecom ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
31.75% more ownership
Funds ownership: 44.79% → 76.54% (+32%)
21% more capital invested
Capital invested by funds: $31.9M → $38.7M (+$6.75M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% more funds holding
Funds holding: 40 → 44 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$22.7M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.15M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$1M |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$978K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$2.86M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.58M |
| 3 |
Morgan Stanley
New York
|
-$1.44M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$885K |
| 5 |
WG
Welch Group
Birmingham,
Alabama
|
-$703K |
XTL Hedge Fund Activity: Q1 2023 in Review
44 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q1 2023, worth a combined $38.7M — up 21% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new XTL positions and 5 closed out — a net gain of 6 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Money Concepts Capital, adding an estimated $22.7M. The largest seller was CIBC World Market, exiting entirely with an estimated $2.86M sold.
- 44 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q1 2023, up from 40 in Q4 2022.
- Funds reported $38.7M of State Street SPDR S&P Telecom ETF stock for Q1 2023, up 21% quarter-over-quarter.
- 11 funds opened new State Street SPDR S&P Telecom ETF positions in Q1 2023 and 5 closed out, a net change of +6 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q1 2023 was Money Concepts Capital, an estimated $22.7M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q1 2023 was CIBC World Market, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2023.