State Street SPDR S&P Transportation ETF
XTN
49 hedge funds and large institutions have $90.1M invested in State Street SPDR S&P Transportation ETF in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 9 closing their positions.
8.82% less ownership
Funds ownership: 50.9% → 42.08% (-8.8%)
11% less funds holding
Funds holding: 55 → 49 (-6)
32% less capital invested
Capital invested by funds: $133M → $90.1M (-$42.6M)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$2.36M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.75M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$972K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$560K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Mather Group
Chicago,
Illinois
|
-$14.9M |
| 2 |
Morgan Stanley
New York
|
-$11.4M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.43M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.49M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$234K | -5,360 | Closed |
|
|
PFBT
52
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$101K | -2,320 | Closed |
|
|
ACM
53
Argentus Capital Management
Dallas,
Texas
| – | -$24K | -558 | Closed |
|
|
IPC
54
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$24K | -540 | Closed |
|
|
WA
55
Winfield Associates
Cleveland,
Ohio
| – | -$11K | -250 | Closed |
|
56
BlackRock
New York
| – | +$366 | +8 | New |
|
XTN Hedge Fund Activity: Q4 2015 in Review
49 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q4 2015, worth a combined $90.1M — down 32% from $133M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of XTN and 3 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 15 added.
The largest buyer was Aviance Capital Management, adding an estimated $2.36M. The largest seller was Mather Group, exiting entirely with an estimated $14.9M sold.
- 49 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q4 2015, down from 55 in Q3 2015.
- Funds reported $90.1M of State Street SPDR S&P Transportation ETF stock for Q4 2015, down 32% quarter-over-quarter.
- 3 funds opened new State Street SPDR S&P Transportation ETF positions in Q4 2015 and 9 closed out, a net change of -6 holders.
- The largest State Street SPDR S&P Transportation ETF buyer in Q4 2015 was Aviance Capital Management, an estimated $2.36M added.
- The largest State Street SPDR S&P Transportation ETF seller in Q4 2015 was Mather Group, an estimated $14.9M sold.
Based on aggregated 13F filings for Q4 2015.