State Street SPDR S&P Transportation ETF
XTN
92 hedge funds and large institutions have $67.4M invested in State Street SPDR S&P Transportation ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 29 reducing their positions, and 15 closing their positions.
20% more call options, than puts
Call options by funds: $775K | Put options by funds: $645K
7% less funds holding
Funds holding: 99 → 92 (-7)
28% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 29
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
34.26% less ownership
Funds ownership: 62.9% → 28.64% (-34%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
73% less capital invested
Capital invested by funds: $250M → $67.4M (-$182M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$3.64M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.49M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.21M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.11M |
| 5 |
Morgan Stanley
New York
|
+$967K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$196M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$11.2M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.37M |
XTN Hedge Fund Activity: Q1 2023 in Review
92 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Transportation ETF (XTN) for Q1 2023, worth a combined $67.4M — down 73% from $250M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of XTN and 10 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 21 added.
The largest buyer was Genesee Capital Advisors, opening a new position worth an estimated $3.64M. The largest seller was Bank of America, cutting an estimated $196M.
- 92 institutional investors held State Street SPDR S&P Transportation ETF (XTN) as of Q1 2023, down from 99 in Q4 2022.
- Funds reported $67.4M of State Street SPDR S&P Transportation ETF stock for Q1 2023, down 73% quarter-over-quarter.
- 10 funds opened new State Street SPDR S&P Transportation ETF positions in Q1 2023 and 15 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Transportation ETF buyer in Q1 2023 was Genesee Capital Advisors, an estimated $3.64M added.
- The largest State Street SPDR S&P Transportation ETF seller in Q1 2023 was Bank of America, an estimated $196M sold.
Based on aggregated 13F filings for Q1 2023.