SPDR S&P Internet ETF
XWEB
XWEB was delisted on the 2nd of January, 2024.
12 hedge funds and large institutions have $2.61M invested in SPDR S&P Internet ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
9% more funds holding
Funds holding: 11 → 12 (+1)
16% less capital invested
Capital invested by funds: $3.12M → $2.61M (-$511K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$512K |
| 2 |
Wealthfront Advisers
Palo Alto,
California
|
+$227K |
| 3 |
LPL Financial
San Diego,
California
|
+$217K |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$8.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.41M |
| 2 |
TC
Telemus Capital
Southfield,
Michigan
|
-$323K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$76K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$37.6K |
| 5 |
Rockefeller Capital Management
New York
|
-$28K |
XWEB Hedge Fund Activity: Q1 2023 in Review
12 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SPDR S&P Internet ETF (XWEB) for Q1 2023, worth a combined $2.61M — down 16% from $3.12M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new XWEB positions and 3 closed out — a net gain of 1 holder — while 0 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $512K. The largest seller was Bank of America, cutting an estimated $1.41M.
- 12 institutional investors held SPDR S&P Internet ETF (XWEB) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $2.61M of SPDR S&P Internet ETF stock for Q1 2023, down 16% quarter-over-quarter.
- 4 funds opened new SPDR S&P Internet ETF positions in Q1 2023 and 3 closed out, a net change of +1 holder.
- The largest SPDR S&P Internet ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $512K added.
- The largest SPDR S&P Internet ETF seller in Q1 2023 was Bank of America, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2023.