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State Street SPDR S&P Bank ETF

230 hedge funds and large institutions have $942M invested in State Street SPDR S&P Bank ETF in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

5.64% more ownership

Funds ownership: 49.25%54.89% (+5.6%)

1% less capital invested

Capital invested by funds: $951M → $942M (-$8.82M)

5% less funds holding

Funds holding: 243230 (-13)

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

80% less call options, than puts

Call options by funds: $50.6M | Put options by funds: $248M

Holders
230
Holders Change
-13
Holders Change %
-5.35%
% of All Funds
3.7%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
30
Increased
53
Reduced
86
Closed
40
Calls
$50.6M
Puts
$248M
Net Calls
-$197M
Net Calls Change
-$100M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
26
BNP Paribas Financial Markets
France
$4.88M -$2.64M -56,305 -34%
Janney Montgomery Scott
27
Janney Montgomery Scott
Pennsylvania
$4.81M +$2.06M +43,900 +70%
KCFA
28
Key Client Fiduciary Advisors
New Jersey
$4.66M -$91.9K -1,959 -2%
HighTower Advisors
29
HighTower Advisors
Illinois
$4.55M -$1.86M -39,566 -28%
Walleye Trading
30
Walleye Trading
New York
$4.32M -$1.12M -23,865 -20%
LCWP
31
Legacy Capital Wealth Partners
Arkansas
$4.07M +$986 +21 +0%
JC
32
JCSD Capital
California
$3.41M +$3.54M +75,500 New
RJA
33
Raymond James & Associates
Florida
$3.33M -$153K -3,255 -4%
Toronto Dominion Bank
34
Toronto Dominion Bank
Ontario, Canada
$3.27M -$616K -13,132 -15%
TRCT
35
Tower Research Capital (TRC)
New York
$3.25M +$2.24M +47,686 +195%
VRM
36
Vectors Research Management
New York
$3.12M +$756K +16,114 +30%
SSB
37
Sandy Spring Bank
Maryland
$3.04M -$55.8K -1,189 -2%
Marshall Wace
38
Marshall Wace
United Kingdom
$2.95M +$2.22M +47,223 +261%
CAPTRUST Financial Advisors
39
CAPTRUST Financial Advisors
North Carolina
$2.77M -$1.35M -28,701 -32%
KFBMI
40
Kentucky Farm Bureau Mutual Insurance
Kentucky
$2.71M
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$2.66M -$8.83M -188,105 -76%
HC
42
HNP Capital
New York
$2.26M -$130K -2,774 -5%
Rockefeller Capital Management
43
Rockefeller Capital Management
New York
$2.26M +$1.96M +41,728 +499%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$2.15M +$91K +1,938 +4%
Truist Financial
45
Truist Financial
North Carolina
$2.13M +$888K +18,928 +67%
JMPWA
46
JP Morgan Private Wealth Advisors
California
$2.06M -$424K -9,031 -16%
KHLMTHM
47
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$1.82M
MML Investors Services
48
MML Investors Services
Massachusetts
$1.71M -$1.12M -23,826 -39%
AGC
49
Aspen Grove Capital
Colorado
$1.68M +$1.75M +37,189 New
First Trust Advisors
50
First Trust Advisors
Illinois
$1.61M +$1.74K +37 +0.1%

KBE Hedge Fund Activity: Q4 2022 in Review

230 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2022, worth a combined $942M — down 0.93% from $951M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of KBE and 30 opened new positions — a net loss of 10 holders — while 86 trimmed existing stakes and 53 added.

The largest buyer was Citigroup, adding an estimated $72.5M. The largest seller was JP Morgan Chase, cutting an estimated $68M.

  • 230 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2022, down from 243 in Q3 2022.
  • Funds reported $942M of State Street SPDR S&P Bank ETF stock for Q4 2022, down 0.93% quarter-over-quarter.
  • 30 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2022 and 40 closed out, a net change of -10 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q4 2022 was Citigroup, an estimated $72.5M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q4 2022 was JP Morgan Chase, an estimated $68M sold.

Based on aggregated 13F filings for Q4 2022.