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State Street SPDR S&P Bank ETF

140 hedge funds and large institutions have $1.41B invested in State Street SPDR S&P Bank ETF in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 56 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.14% more ownership

Funds ownership: 56.8%61.94% (+5.1%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

7% less funds holding

Funds holding: 151140 (-11)

12% less capital invested

Capital invested by funds: $1.6B → $1.41B (-$186M)

25% less call options, than puts

Call options by funds: $42.7M | Put options by funds: $56.7M

26% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 34

36% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 56

Holders
140
Holders Change
-11
Holders Change %
-7.28%
% of All Funds
3.73%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
25
Increased
36
Reduced
56
Closed
34
Calls
$42.7M
Puts
$56.7M
Net Calls
-$14M
Net Calls Change
-$3.6M
Name Holding Trade Value Shares
Change
Change in
Stake
KHLMTHM
26
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$4.37M -$247K -8,327 -5%
JG
27
Jefferies Group
New York
$4.33M +$3.54M +119,300 +509%
CS
28
Credit Suisse
Switzerland
$4.26M -$23.2M -782,994 -85%
AAM
29
Alphadyne Asset Management
New York
$4.03M +$3.93M +132,600 New
SCM
30
Stuyvesant Capital Management
New York
$3.95M -$63K -2,125 -2%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$3.82M +$627K +21,142 +20%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$3.39M -$461K -15,563 -12%
BPC
33
Banque Pictet & Cie
Switzerland
$3.27M -$326K -11,000 -9%
LPL Financial
34
LPL Financial
California
$3.06M -$1.57M -53,044 -34%
SP
35
Sarasin & Partners
United Kingdom
$2.85M
Millennium Management
36
Millennium Management
New York
$2.82M +$2.75M +92,882 New
Mariner
37
Mariner
Kansas
$2.7M +$1.03M +34,903 +65%
CA
38
Commerzbank Aktiengesellschaft
Germany
$2.67M +$2.61M +87,962 New
JIP
39
Jaffetilchin Investment Partners
Florida
$2.39M +$124K +4,194 +6%
Citadel Advisors
40
Citadel Advisors
Florida
$2.13M -$319K -10,753 -13%
AIU
41
Algebris Investments (UK)
United Kingdom
$2.13M +$2.08M +70,125 New
MCM
42
Moore Capital Management
New York
$2.13M +$2.08M +70,000 New
Two Sigma Advisers
43
Two Sigma Advisers
New York
$1.97M +$1.92M +64,700 New
AMM
44
American Money Management
California
$1.87M -$712 -24 -0%
RJA
45
Raymond James & Associates
Florida
$1.71M +$508K +17,128 +44%
TFA
46
Toth Financial Advisory
Virginia
$1.57M -$434K -14,645 -22%
LNB
47
Ledyard National Bank
$1.47M -$4.1M -138,430 -74%
Nomura Holdings
48
Nomura Holdings
Japan
$1.42M +$912K +30,767 +194%
MCM
49
MKP Capital Management
New York
$1.25M +$1.22M +41,036 New
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$1.14M -$10.3K -349 -0.9%

KBE Hedge Fund Activity: Q1 2016 in Review

140 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2016, worth a combined $1.41B — down 12% from $1.6B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of KBE and 25 opened new positions — a net loss of 9 holders — while 56 trimmed existing stakes and 36 added.

The largest buyer was Goldman Sachs, adding an estimated $118M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $111M sold.

  • 140 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2016, down from 151 in Q4 2015.
  • Funds reported $1.41B of State Street SPDR S&P Bank ETF stock for Q1 2016, down 12% quarter-over-quarter.
  • 25 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2016 and 34 closed out, a net change of -9 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q1 2016 was Goldman Sachs, an estimated $118M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q1 2016 was Migdal Insurance & Financial Holdings, an estimated $111M sold.

Based on aggregated 13F filings for Q1 2016.