Avalon Capital Management’s State Street SPDR S&P Bank ETF KBE Stock Holding History

Avalon Capital Management’s Portfolio KBE Stock Details KBE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-44,903	Closed	-$1.95M	–	101
2017 Q2	$1.95M	Hold	44,903	–	–	1.44%	23
2017 Q1	$1.93M	Buy	+44,903	New	+$1.98M	1.34%	27
2016 Q1	–	Sell	-49,218	Closed	-$1.67M	–	82
2015 Q4	$1.67M	Buy	+49,218	New	+$1.71M	1.5%	29
2013 Q3	–	Sell	-28,700	Closed	-$824K	–	90
2013 Q2	$824K	Buy	+28,700	New	+$785K	0.81%	39

Other funds holding KBE

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

ACI

AMP Capital Investors Sydney, Australia $2.37B AUM 23.59% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

PVH

Psagot Value Holdings Tel Aviv, Israel $11M AUM 32.09% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Avalon Capital Management's KBE Position: Q3 2017 in Review

Avalon Capital Management sold out of State Street SPDR S&P Bank ETF (KBE) in Q3 2017, closing a stake of 44,903 shares — an estimated $1.95M sold.

Avalon Capital Management first reported a position in KBE in Q2 2013 and held it in 4 quarters. The position peaked at $1.95M in Q2 2017. 206 funds tracked by Wall St. Rank hold KBE as of Q3 2017.

Avalon Capital Management reported no remaining State Street SPDR S&P Bank ETF position as of Q3 2017 after selling out during the quarter.
Avalon Capital Management sold 44,903 State Street SPDR S&P Bank ETF shares in Q3 2017, an estimated $1.95M.
Avalon Capital Management first reported a position in State Street SPDR S&P Bank ETF in Q2 2013 and held it in 4 quarters.
Avalon Capital Management's State Street SPDR S&P Bank ETF position peaked at $1.95M in Q2 2017.
206 funds tracked by Wall St. Rank held State Street SPDR S&P Bank ETF as of Q3 2017.

Based on Avalon Capital Management's 13F filing for Q3 2017, filed 23 Oct 2017.