State Street SPDR S&P Bank ETF
201 hedge funds and large institutions have $552M invested in State Street SPDR S&P Bank ETF in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 82 reducing their positions, and 32 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 210 → 201 (-9)
9.06% less ownership
Funds ownership: 58.09% → 49.04% (-9.1%)
25% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 32
30% less capital invested
Capital invested by funds: $786M → $552M (-$234M)
31% less call options, than puts
Call options by funds: $62.6M | Put options by funds: $91.4M
50% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$11.5M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$10.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.81M |
| 4 |
CF
Clarity Financial
Houston,
Texas
|
+$5.65M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$87.1M |
| 2 |
Citigroup
New York
|
-$75M |
| 3 |
Goldman Sachs
New York
|
-$36.5M |
| 4 |
Barclays
London,
United Kingdom
|
-$12.9M |
| 5 |
Twin Tree Management
Dallas,
Texas
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Franklin Resources
San Mateo,
California
| – | -$15K | -417 | Closed |
|
|
DI
227
Disciplined Investments
Tulsa,
Oklahoma
| – | -$8.05K | -224 | Closed |
|
|
VAG
228
VisionPoint Advisory Group
Dallas,
Texas
| – | -$5.83K | -162 | Closed |
|
|
UIA
229
Ulland Investment Advisors
Minneapolis,
Minnesota
| – | -$4K | -124 | Closed |
|
|
BBPWM
230
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$3.6K | -100 | Closed |
|
|
IGWM
231
ICA Group Wealth Management
Denver,
Colorado
| – | -$1.98K | -55 | Closed |
|
|
AIM
232
Anchor Investment Management
Columbia,
South Carolina
| – | -$1.8K | -50 | Closed |
|
|
AF
233
Allworth Financial
Folsom,
California
| – | -$1.08K | -30 | Closed |
|
|
ACA
234
Aptus Capital Advisors
Fairhope,
Alabama
| – | -$396 | -11 | Closed |
|
KBE Hedge Fund Activity: Q3 2023 in Review
201 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2023, worth a combined $552M — down 30% from $786M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of KBE and 24 opened new positions — a net loss of 8 holders — while 82 trimmed existing stakes and 41 added.
The largest buyer was Two Sigma Investments, adding an estimated $11.5M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $87.1M sold.
- 201 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2023, down from 210 in Q2 2023.
- Funds reported $552M of State Street SPDR S&P Bank ETF stock for Q3 2023, down 30% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2023 and 32 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2023 was Two Sigma Investments, an estimated $11.5M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2023 was Migdal Insurance & Financial Holdings, an estimated $87.1M sold.
Based on aggregated 13F filings for Q3 2023.