State Street SPDR S&P Telecom ETF
XTL
35 hedge funds and large institutions have $24.9M invested in State Street SPDR S&P Telecom ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 11 closing their positions.
6.47% less ownership
Funds ownership: 46.39% → 39.92% (-6.5%)
15% less funds holding
Funds holding: 41 → 35 (-6)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
49% less capital inflows, than outflows
Capital inflows: $4.42M | Capital outflows: $8.67M
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFI Advisors
Montclair,
New Jersey
|
+$2.9M |
| 2 |
Morgan Stanley
New York
|
+$451K |
| 3 |
PGIM Custom Harvest
Newark,
New Jersey
|
+$400K |
| 4 |
Cetera Advisor Networks
El Segundo,
California
|
+$201K |
| 5 |
Steward Partners Investment Advisory
New York
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
-$3.51M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.09M |
| 3 |
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
-$777K |
| 4 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$774K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$395K |
XTL Hedge Fund Activity: Q4 2023 in Review
35 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q4 2023, worth a combined $24.9M — down 5.4% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of XTL and 5 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was SFI Advisors, opening a new position worth an estimated $2.9M. The largest seller was Waldron Private Wealth, exiting entirely with an estimated $3.51M sold.
- 35 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q4 2023, down from 41 in Q3 2023.
- Funds reported $24.9M of State Street SPDR S&P Telecom ETF stock for Q4 2023, down 5.4% quarter-over-quarter.
- 5 funds opened new State Street SPDR S&P Telecom ETF positions in Q4 2023 and 11 closed out, a net change of -6 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q4 2023 was SFI Advisors, an estimated $2.9M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q4 2023 was Waldron Private Wealth, an estimated $3.51M sold.
Based on aggregated 13F filings for Q4 2023.