State Street SPDR S&P Transportation ETF
XTN
40 hedge funds and large institutions have $10.6M invested in State Street SPDR S&P Transportation ETF in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 13 closing their positions.
5.62% less ownership
Funds ownership: 17.5% → 11.89% (-5.6%)
11% less funds holding
Funds holding: 45 → 40 (-5)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
53% less capital invested
Capital invested by funds: $22.5M → $10.6M (-$11.9M)
65% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$688K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$384K |
| 3 |
JP Morgan Chase
New York
|
+$382K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$178K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$1.53M |
| 2 |
Morgan Stanley
New York
|
-$1.03M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$960K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$837K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$757K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IA
51
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$9K | -140 | Closed |
|
|
CAAS
52
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$5K | -71 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$58 | +1 | New |
|
XTN Hedge Fund Activity: Q1 2020 in Review
40 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q1 2020, worth a combined $10.6M — down 53% from $22.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of XTN and 10 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 6 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $688K. The largest seller was Lincoln National Corp, exiting entirely with an estimated $1.53M sold.
- 40 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q1 2020, down from 45 in Q4 2019.
- Funds reported $10.6M of State Street SPDR S&P Transportation ETF stock for Q1 2020, down 53% quarter-over-quarter.
- 10 funds opened new State Street SPDR S&P Transportation ETF positions in Q1 2020 and 13 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Transportation ETF buyer in Q1 2020 was Stifel Financial, an estimated $688K added.
- The largest State Street SPDR S&P Transportation ETF seller in Q1 2020 was Lincoln National Corp, an estimated $1.53M sold.
Based on aggregated 13F filings for Q1 2020.