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State Street SPDR S&P Bank ETF

206 hedge funds and large institutions have $2.15B invested in State Street SPDR S&P Bank ETF in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 71 increasing their positions, 65 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 65

0% less capital invested

Capital invested by funds: $2.16B → $2.15B (-$9.43M)

4% less funds holding

Funds holding: 215206 (-9)

6.48% less ownership

Funds ownership: 66.95%60.46% (-6.5%)

21% less funds holding in top 10

Funds holding in top 10: 1411 (-3)

28% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 29

60% less call options, than puts

Call options by funds: $61.3M | Put options by funds: $153M

Holders
206
Holders Change
-9
Holders Change %
-4.19%
% of All Funds
5.14%
Holding in Top 10
11
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-21.43%
% of All Funds
0.27%
New
21
Increased
71
Reduced
65
Closed
29
Calls
$61.3M
Puts
$153M
Net Calls
-$91.9M
Net Calls Change
-$95.6M
Name Holding Trade Value Shares
Change
Change in
Stake
RVPG
26
Relative Value Partners Group
$12.5M +$188K +4,377 +2%
BNP Paribas Financial Markets
27
BNP Paribas Financial Markets
France
$12.4M +$10.5M +245,446 +831%
Capital Fund Management (CFM)
28
Capital Fund Management (CFM)
France
$11.2M -$2.79M -65,159 -21%
LPL Financial
29
LPL Financial
California
$10.3M -$289K -6,745 -3%
HHMI
30
Howard Hughes Medical Institute
Maryland
$9.02M -$3.22M -75,000 -27%
MS
31
Marshall & Sullivan
Washington
$8.82M +$227K +5,289 +3%
BHB
32
Bank Hapoalim BM
Israel
$7.66M +$6.44M +150,140 +763%
AU
33
Algebris (UK)
United Kingdom
$7.56M +$7.18M +167,592 New
SCM
34
Sandler Capital Management
New York
$7.53M +$7.16M +167,000 New
HSBC Holdings
35
HSBC Holdings
United Kingdom
$6.94M +$2.3M +53,600 +53%
MPM
36
Meritage Portfolio Management
Kansas
$6.6M +$146K +3,399 +2%
RWP
37
RWA Wealth Partners
Massachusetts
$6.55M -$2.93M -68,344 -32%
SSB
38
Sandy Spring Bank
Maryland
$6.44M -$179K -4,170 -3%
RJA
39
Raymond James & Associates
Florida
$6.43M -$2.89M -67,419 -32%
Cohen & Steers
40
Cohen & Steers
New York
$6.33M +$1.29M +30,052 +27%
LFR
41
Lehman Financial Resources
Pennsylvania
$5.98M +$64.5K +1,504 +1%
Millennium Management
42
Millennium Management
New York
$5.53M +$4.93M +114,913 +1,468%
CWM
43
Cabot Wealth Management
Massachusetts
$5.47M -$97K -2,263 -2%
LMIM
44
Lockheed Martin Investment Management
Maryland
$5.16M
DSAM
45
Dock Street Asset Management
Florida
$5.02M -$200K -4,667 -4%
Barclays
46
Barclays
United Kingdom
$4.98M +$375K +8,745 +9%
KHLMTHM
47
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$4.8M -$1.03M -23,914 -18%
Creative Planning
48
Creative Planning
Kansas
$4.78M +$3.53M +82,249 +348%
TFA
49
Toth Financial Advisory
Virginia
$4.46M +$977K +22,792 +30%
V
50
Veritable
Delaware
$4.17M -$86.5K -2,019 -2%

KBE Hedge Fund Activity: Q3 2017 in Review

206 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2017, worth a combined $2.15B — down 0.44% from $2.16B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of KBE and 21 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 71 added.

The largest buyer was AMP Capital Investors, adding an estimated $196M. The largest seller was Goldman Sachs, cutting an estimated $87.1M.

  • 206 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2017, down from 215 in Q2 2017.
  • Funds reported $2.15B of State Street SPDR S&P Bank ETF stock for Q3 2017, down 0.44% quarter-over-quarter.
  • 21 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2017 and 29 closed out, a net change of -8 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2017 was AMP Capital Investors, an estimated $196M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2017 was Goldman Sachs, an estimated $87.1M sold.

Based on aggregated 13F filings for Q3 2017.