Rokos Capital Management LLP bought a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report) during the 1st quarter, HoldingsChannel reports. The fund bought 303,988 shares of the company’s stock, valued at approximately $55,271,000. SPDR S&P Oil & Gas Exploration & Production ETF accounts for about 0.4% of Rokos Capital Management LLP’s investment portfolio, making the stock its 27th biggest holding.
A number of other large investors have also made changes to their positions in XOP. Empowered Funds LLC lifted its position in SPDR S&P Oil & Gas Exploration & Production ETF by 50.6% during the first quarter. Empowered Funds LLC now owns 15,318 shares of the company’s stock worth $2,785,000 after buying an additional 5,145 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR S&P Oil & Gas Exploration & Production ETF during the 1st quarter worth $233,000. Quantinno Capital Management LP boosted its position in shares of SPDR S&P Oil & Gas Exploration & Production ETF by 4.4% during the 1st quarter. Quantinno Capital Management LP now owns 7,511 shares of the company’s stock valued at $1,366,000 after acquiring an additional 319 shares during the last quarter. Castleark Management LLC purchased a new stake in shares of SPDR S&P Oil & Gas Exploration & Production ETF in the first quarter valued at about $8,244,000. Finally, Waverly Advisors LLC increased its position in SPDR S&P Oil & Gas Exploration & Production ETF by 17.0% during the first quarter. Waverly Advisors LLC now owns 3,113 shares of the company’s stock worth $566,000 after purchasing an additional 452 shares during the last quarter.
More SPDR S&P Oil & Gas Exploration & Production ETF News
Here are the key news stories impacting SPDR S&P Oil & Gas Exploration & Production ETF this week:
- Neutral Sentiment: Australia is considering building its first new oil refinery in more than 60 years to strengthen energy security amid Middle East supply concerns. The proposal could support long-term regional fuel demand, but it is a downstream project and has limited immediate impact on XOP’s upstream producers. Australia considers first domestic oil refinery in 60 years
- Neutral Sentiment: Investors are awaiting the Aug. 2 OPEC+ meeting, while Middle East tensions, Strait of Hormuz traffic and LNG demand remain important variables for crude prices. Continued supply uncertainty could limit the downside for oil and provide some support to XOP. Natural Gas and Oil Forecast: OPEC+ Meeting Looms; Can WTI Hold Above $83?
- Negative Sentiment: Crude prices fell more than 5%–6% after the U.S. and Iran paused strikes, raising hopes for diplomacy, restored shipping and reduced supply disruptions through the Strait of Hormuz. Brent crude moved below $90 a barrel, weighing directly on oil producers and pressuring XOP. Oil slips more than 5% after US pauses strikes on Iran
- Negative Sentiment: A Human Rights Watch report alleges that pollution associated with Perenco’s operations in the Democratic Republic of Congo is creating health risks for nearby communities. Although Perenco is not an ETF-wide development, the report adds regulatory, environmental and reputational pressure to the broader oil industry. Pollution linked to French-British oil firm’s Congo operations poses health risks
SPDR S&P Oil & Gas Exploration & Production ETF Price Performance
SPDR S&P Oil & Gas Exploration & Production ETF Company Profile
SPDR S&P Oil & Gas Exploration & Production ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The S&P Oil & Gas Exploration & Production Select Industry Index represents the oil and gas exploration and production sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.
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Want to see what other hedge funds are holding XOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA:XOP – Free Report).
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