State Street SPDR S&P Telecom ETF
XTL
40 hedge funds and large institutions have $25.5M invested in State Street SPDR S&P Telecom ETF in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
14% more funds holding
Funds holding: 35 → 40 (+5)
0.82% less ownership
Funds ownership: 44.88% → 44.06% (-0.82%)
9% less capital invested
Capital invested by funds: $28M → $25.5M (-$2.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.47M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$2.18M |
| 3 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
+$549K |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$549K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.29M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.75M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$244K |
| 4 |
FMTCOCP
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
|
-$136K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$115K |
XTL Hedge Fund Activity: Q1 2024 in Review
40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q1 2024, worth a combined $25.5M — down 8.8% from $28M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new XTL positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $2.47M. The largest seller was Morgan Stanley, cutting an estimated $3.29M.
- 40 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q1 2024, up from 35 in Q4 2023.
- Funds reported $25.5M of State Street SPDR S&P Telecom ETF stock for Q1 2024, down 8.8% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P Telecom ETF positions in Q1 2024 and 2 closed out, a net change of +5 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $2.47M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q1 2024 was Morgan Stanley, an estimated $3.29M sold.
Based on aggregated 13F filings for Q1 2024.