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State Street SPDR S&P Bank ETF

163 hedge funds and large institutions have $709M invested in State Street SPDR S&P Bank ETF in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.68% more ownership

Funds ownership: 58.64%60.32% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less capital invested

Capital invested by funds: $775M → $709M (-$65.1M)

12% less funds holding

Funds holding: 186163 (-23)

13% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 54

43% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 51

56% less call options, than puts

Call options by funds: $121M | Put options by funds: $274M

Holders
163
Holders Change
-23
Holders Change %
-12.37%
% of All Funds
3.29%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
29
Increased
47
Reduced
54
Closed
51
Calls
$121M
Puts
$274M
Net Calls
-$153M
Net Calls Change
-$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
RA
26
Raffles Associates
New York
$4.42M +$4.67M +150,000 New
Stifel Financial
27
Stifel Financial
Missouri
$4.31M -$428K -13,756 -9%
Jane Street
28
Jane Street
New York
$4.13M +$2.57M +82,527 +143%
BNP Paribas Financial Markets
29
BNP Paribas Financial Markets
France
$3.7M +$758K +24,364 +24%
Public Sector Pension Investment Board (PSP Investments)
30
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.94M -$3.27M -105,000 -51%
JG
31
Jefferies Group
New York
$2.94M +$1.1M +35,300 +55%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$2.74M -$918K -29,498 -24%
HC
33
HNP Capital
New York
$2.57M +$460K +14,772 +24%
SSB
34
Sandy Spring Bank
Maryland
$2.52M -$235K -7,563 -8%
VRM
35
Vectors Research Management
New York
$2.37M -$23.7K -761 -1%
MIS
36
Morningstar Investment Services
Illinois
$2.24M +$2.39M +76,737 New
RJA
37
Raymond James & Associates
Florida
$2.14M -$166K -5,344 -7%
ACM
38
Arlington Capital Management
Illinois
$2.09M +$737K +23,690 +50%
Susquehanna International Group
39
Susquehanna International Group
Pennsylvania
$1.97M -$6.17M -198,203 -75%
MIH
40
Meitav Investment House
Israel
$1.65M +$1.27M +40,942 +272%
PI
41
PineBridge Investments
New York
$1.59M -$65.3K -2,100 -4%
HB
42
Homrich & Berg
Georgia
$1.46M +$560K +17,990 +57%
Walleye Trading
43
Walleye Trading
New York
$1.44M +$1.44M +46,343 +1,752%
JMPWA
44
JP Morgan Private Wealth Advisors
California
$1.36M +$273K +8,763 +23%
PWAC
45
Private Wealth Advisors (California)
California
$1.3M +$1.37M +44,104 New
QIM
46
Quantitative Investment Management
Virginia
$1.28M +$632K +20,299 +88%
HF
47
HRT Financial
New York
$1.17M +$1.23M +39,644 New
RJFSA
48
Raymond James Financial Services Advisors
Florida
$1.16M +$44.6K +1,435 +4%
MHS
49
M Holdings Securities
Oregon
$1.11M +$1.17M +37,727 New
TI
50
Trexquant Investment
Connecticut
$975K -$547K -17,573 -35%

KBE Hedge Fund Activity: Q3 2020 in Review

163 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2020, worth a combined $709M — down 8.4% from $775M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of KBE and 29 opened new positions — a net loss of 22 holders — while 54 trimmed existing stakes and 47 added.

The largest buyer was EJF Capital, opening a new position worth an estimated $46.7M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $58M sold.

  • 163 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2020, down from 186 in Q2 2020.
  • Funds reported $709M of State Street SPDR S&P Bank ETF stock for Q3 2020, down 8.4% quarter-over-quarter.
  • 29 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2020 and 51 closed out, a net change of -22 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2020 was EJF Capital, an estimated $46.7M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2020 was Migdal Insurance & Financial Holdings, an estimated $58M sold.

Based on aggregated 13F filings for Q3 2020.