State Street SPDR S&P Transportation ETF
XTN
64 hedge funds and large institutions have $80.1M invested in State Street SPDR S&P Transportation ETF in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 17 closing their positions.
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
3% less funds holding
Funds holding: 66 → 64 (-2)
11.07% less ownership
Funds ownership: 49.42% → 38.35% (-11%)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
44% less capital invested
Capital invested by funds: $142M → $80.1M (-$62.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$2.94M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.84M |
| 3 |
Jane Street
New York
|
+$1.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$826K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$566K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$24.5M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$10.5M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$10.4M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.37M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWMS
76
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$8K | -146 | Closed |
|
|
BTIS
77
BB&T Investment Services
Charlotte,
North Carolina
| – | -$6K | -97 | Closed |
|
|
HI
78
Hudock Inc
Williamsport,
Pennsylvania
| – | -$4K | -84 | Closed |
|
79
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -54 | Closed |
|
XTN Hedge Fund Activity: Q1 2017 in Review
64 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q1 2017, worth a combined $80.1M — down 44% from $142M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of XTN and 16 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 14 added.
The largest buyer was Financial Management Professionals, opening a new position worth an estimated $2.94M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $24.5M sold.
- 64 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q1 2017, down from 66 in Q4 2016.
- Funds reported $80.1M of State Street SPDR S&P Transportation ETF stock for Q1 2017, down 44% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Transportation ETF positions in Q1 2017 and 17 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P Transportation ETF buyer in Q1 2017 was Financial Management Professionals, an estimated $2.94M added.
- The largest State Street SPDR S&P Transportation ETF seller in Q1 2017 was RiverFront Investment Group, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2017.