State Street SPDR S&P Bank ETF

KBE

Market cap $1.56B

KBE Hedge Fund Activity: Q1 2026 in Review

249 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2026, worth a combined $961M — up 4.7% from $918M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of KBE and 24 opened new positions — a net loss of 10 holders — while 72 trimmed existing stakes and 80 added.

The largest buyer was Two Sigma Investments, adding an estimated $59.7M. The largest seller was Bank of America, cutting an estimated $17.2M.

• 249 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2026, down from 264 in Q4 2025.
• Funds reported $961M of State Street SPDR S&P Bank ETF stock for Q1 2026, up 4.7% quarter-over-quarter.
• 24 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2026 and 34 closed out, a net change of -10 holders.
• The largest State Street SPDR S&P Bank ETF buyer in Q1 2026 was Two Sigma Investments, an estimated $59.7M added.
• The largest State Street SPDR S&P Bank ETF seller in Q1 2026 was Bank of America, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2026.