State Street acquires $1 million shares of Xunlei

State Street Corp increased its position in shares of Xunlei Ltd (NASDAQ:XNET) by 417.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.

The institutional investor owned 333,048 shares of the software maker’s stock after buying an additional 268,687 shares during the quarter. State Street Corp owned 0.49% of Xunlei worth $1,099,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in XNET. Geode Capital Management LLC boosted its holdings in shares of Xunlei by 110.9% in the 4th quarter. Geode Capital Management LLC now owns 40,714 shares of the software maker’s stock worth $199,000 after acquiring an additional 21,405 shares in the last quarter. Yong Rong HK Asset Management Ltd boosted its stake in shares of Xunlei by 15.9% during the 1st quarter.

Yong Rong HK Asset Management Ltd now owns 9,879,662 shares of the software maker’s stock worth $32,603,000 after buying an additional 1,358,374 shares during the last quarter. WESPAC Advisors SoCal LLC acquired a new position in shares of Xunlei during the 1st quarter worth about $53,000.

UBS Group AG boosted its stake in shares of Xunlei by 1,501.4% during the 1st quarter. UBS Group AG now owns 23,589 shares of the software maker’s stock worth $78,000 after buying an additional 22,116 shares during the last quarter.

Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Xunlei during the 1st quarter worth about $38,000. 23.18% of the stock is currently owned by institutional investors and hedge funds.

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