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State Street SPDR S&P Bank ETF

101 hedge funds and large institutions have $1.4B invested in State Street SPDR S&P Bank ETF in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more call options, than puts

Call options by funds: $1.77M | Put options by funds: $1.11M

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

18% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 28

9% more funds holding

Funds holding: 93101 (+8)

2% more capital invested

Capital invested by funds: $1.37B → $1.4B (+$25.8M)

3.05% less ownership

Funds ownership: 61.46%58.41% (-3%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
101
Holders Change
+8
Holders Change %
+8.6%
% of All Funds
3.27%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
22
Increased
33
Reduced
28
Closed
14
Calls
$1.77M
Puts
$1.11M
Net Calls
+$663K
Net Calls Change
+$12.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Schroder Investment Management Group
51
Schroder Investment Management Group
United Kingdom
$450K +$459K +15,000 New
Deutsche Bank
52
Deutsche Bank
Germany
$438K -$39.4M -1,285,850 -99%
SC
53
Scotia Capital
Ontario, Canada
$432K +$139K +4,535 +46%
LI
54
LMCG Investments
Massachusetts
$421K +$28.3K +926 +7%
MBT
55
Montecito Bank & Trust
California
$418K -$30.9K -1,010 -7%
TFA
56
Toth Financial Advisory
Virginia
$395K +$403K +13,157 New
DLCIG
57
D.L. Carlson Investment Group
New Hampshire
$392K +$71.9K +2,350 +22%
LTFS
58
Ladenburg Thalmann Financial Services
Florida
$391K +$30.1K +985 +8%
SCM
59
SOL Capital Management
Maryland
$381K -$4.59K -150 -1%
GT
60
Glenmede Trust
Pennsylvania
$363K +$30.6K +1,000 +9%
CS
61
Comerica Securities
Michigan
$355K +$361K +11,811 New
NB
62
NBT Bank
New York
$350K -$9K -294 -2%
CAN
63
Cetera Advisor Networks
California
$324K +$95.5K +3,119 +41%
MIH
64
Madison Investment Holdings
Wisconsin
$301K +$307K +10,030 New
Northern Trust
65
Northern Trust
Illinois
$281K -$30.6K -1,000 -10%
B
66
Bailard
California
$264K
TH
67
Timber Hill
Connecticut
$261K +$43.4K +1,417 +19%
MIM
68
Miller Investment Management
Pennsylvania
$246K
CCMG
69
Clark Capital Management Group
Pennsylvania
$231K -$7.23M -236,105 -97%
CCM
70
Condor Capital Management
New Jersey
$221K -$181K -5,913 -45%
PAG
71
Pinnacle Advisory Group
Maryland
$217K -$6.73K -220 -3%
Commonwealth Equity Services
72
Commonwealth Equity Services
Massachusetts
$217K +$4.8K +157 +2%
Cambridge Investment Research Advisors
73
Cambridge Investment Research Advisors
Iowa
$209K -$21.5K -704 -9%
HFS
74
HL Financial Services
Kentucky
$204K -$14.5K -473 -7%
CGT
75
Capital Guardian Trust
California
$204K

KBE Hedge Fund Activity: Q3 2013 in Review

101 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2013, worth a combined $1.4B — up 1.9% from $1.37B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new KBE positions and 14 closed out — a net gain of 8 holders — while 33 added to existing stakes and 28 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $83.5M. The largest seller was Citigroup, cutting an estimated $43.2M.

  • 101 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2013, up from 93 in Q2 2013.
  • Funds reported $1.4B of State Street SPDR S&P Bank ETF stock for Q3 2013, up 1.9% quarter-over-quarter.
  • 22 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2013 and 14 closed out, a net change of +8 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2013 was Goldman Sachs, an estimated $83.5M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2013 was Citigroup, an estimated $43.2M sold.

Based on aggregated 13F filings for Q3 2013.