State Street SPDR S&P Transportation ETF
XTN
14 hedge funds and large institutions have $20M invested in State Street SPDR S&P Transportation ETF in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
7% less funds holding
Funds holding: 15 → 14 (-1)
15.6% less ownership
Funds ownership: 102.23% → 86.63% (-16%)
16% less capital invested
Capital invested by funds: $23.8M → $20M (-$3.84M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.64M |
| 2 |
Morgan Stanley
New York
|
+$1.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$739K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$701K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$9.37M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$913K |
| 3 |
Goldman Sachs
New York
|
-$659K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$118K |
| 5 |
CCT
Country Club Trust
Kansas City,
Missouri
|
-$94.6K |
XTN Hedge Fund Activity: Q3 2013 in Review
14 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q3 2013, worth a combined $20M — down 16% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of XTN and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $1.64M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $9.37M sold.
- 14 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q3 2013, down from 15 in Q2 2013.
- Funds reported $20M of State Street SPDR S&P Transportation ETF stock for Q3 2013, down 16% quarter-over-quarter.
- 2 funds opened new State Street SPDR S&P Transportation ETF positions in Q3 2013 and 3 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P Transportation ETF buyer in Q3 2013 was LPL Financial, an estimated $1.64M added.
- The largest State Street SPDR S&P Transportation ETF seller in Q3 2013 was Niemann Capital Management, an estimated $9.37M sold.
Based on aggregated 13F filings for Q3 2013.