State Street SPDR S&P Transportation ETF
XTN
75 hedge funds and large institutions have $300M invested in State Street SPDR S&P Transportation ETF in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 5 reducing their positions, and 7 closing their positions.
560% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 5
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
357% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 7
89% more capital invested
Capital invested by funds: $159M → $300M (+$141M)
47% more funds holding
Funds holding: 51 → 75 (+24)
8.41% less ownership
Funds ownership: 115.88% → 107.47% (-8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$18M |
| 2 |
Morgan Stanley
New York
|
+$15.1M |
| 3 |
Citigroup
New York
|
+$10M |
| 4 |
LPL Financial
San Diego,
California
|
+$7.77M |
| 5 |
Goldman Sachs
New York
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$684K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$468K |
| 4 |
Jane Street
New York
|
-$376K |
| 5 |
CCT
Country Club Trust
Kansas City,
Missouri
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
76
Virtu KCG Holdings
New York
| – | -$468K | -10,044 | Closed |
|
|
CCT
77
Country Club Trust
Kansas City,
Missouri
| – | -$234K | -5,020 | Closed |
|
|
BCM
78
Beck Capital Management
Austin,
Texas
| – | -$202K | -4,594 | Closed |
|
|
NES
79
New England Securities
New York
| – | -$93K | -2,000 | Closed |
|
|
PAG
80
Private Advisor Group
Morristown,
New Jersey
| – | -$49K | -1,052 | Closed |
|
81
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -50 | Closed |
|
82
Parallax Volatility Advisers
San Francisco,
California
| – | +$100 | +2 | New |
|
XTN Hedge Fund Activity: Q4 2014 in Review
75 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q4 2014, worth a combined $300M — up 89% from $159M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new XTN positions and 7 closed out — a net gain of 25 holders — while 33 added to existing stakes and 5 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $18M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.1M sold.
- 75 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q4 2014, up from 51 in Q3 2014.
- Funds reported $300M of State Street SPDR S&P Transportation ETF stock for Q4 2014, up 89% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Transportation ETF positions in Q4 2014 and 7 closed out, a net change of +25 holders.
- The largest State Street SPDR S&P Transportation ETF buyer in Q4 2014 was Pinnacle Advisory Group, an estimated $18M added.
- The largest State Street SPDR S&P Transportation ETF seller in Q4 2014 was Susquehanna International Group, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2014.