State Street SPDR S&P Bank ETF
211 hedge funds and large institutions have $2.12B invested in State Street SPDR S&P Bank ETF in 2017 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 61 increasing their positions, 67 reducing their positions, and 21 closing their positions.
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
13% more funds holding
Funds holding: 186 → 211 (+25)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
3.12% more ownership
Funds ownership: 62.12% → 65.24% (+3.1%)
1% more capital invested
Capital invested by funds: $2.09B → $2.12B (+$26.7M)
9% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 67
24% less call options, than puts
Call options by funds: $55.3M | Put options by funds: $72.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$88.8M |
| 2 |
JP Morgan Chase
New York
|
+$39.1M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$30.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.3M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$164M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.2M |
| 3 |
VF
Virtu Financial
New York
|
-$18.9M |
| 4 |
Goldman Sachs
New York
|
-$18.1M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
226
Global Retirement Partners
San Rafael,
California
| – | -$230K | -5,280 | Closed |
|
|
WS
227
Wedbush Securities
Los Angeles,
California
| – | -$206K | -4,748 | Closed |
|
228
Nomura Asset Management
Tokyo,
Japan
| – | -$196K | -4,500 | Closed |
|
229
DZ Bank
Frankfurt Am Main,
Germany
| – | -$472K | -2,600 | Closed |
|
|
JIC
230
Joel Isaacson & Co
New York
| – | -$87K | -2,000 | Closed |
|
|
CLOS
231
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$63K | -1,458 | Closed |
|
|
AA
232
Ancora Advisors
Cleveland,
Ohio
| – | -$19K | -447 | Closed |
|
233
AssetMark Inc
Concord,
California
| – | -$1K | -30 | Closed |
|
KBE Hedge Fund Activity: Q1 2017 in Review
211 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2017, worth a combined $2.12B — up 1.3% from $2.09B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new KBE positions and 21 closed out — a net gain of 27 holders — while 61 added to existing stakes and 67 trimmed.
The largest buyer was Bank of America, adding an estimated $88.8M. The largest seller was AMP Capital Investors, cutting an estimated $164M.
- 211 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2017, up from 186 in Q4 2016.
- Funds reported $2.12B of State Street SPDR S&P Bank ETF stock for Q1 2017, up 1.3% quarter-over-quarter.
- 48 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2017 and 21 closed out, a net change of +27 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2017 was Bank of America, an estimated $88.8M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2017 was AMP Capital Investors, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2017.