State Street SPDR S&P Bank ETF

KBE

Market cap $1.56B

KBE Hedge Fund Activity: Q4 2014 in Review

126 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2014, worth a combined $1.68B — up 5.5% from $1.59B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new KBE positions and 14 closed out — a net gain of 13 holders — while 44 added to existing stakes and 31 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $51.2M. The largest seller was Wells Fargo, cutting an estimated $79.3M.

• 126 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2014, up from 115 in Q3 2014.
• Funds reported $1.68B of State Street SPDR S&P Bank ETF stock for Q4 2014, up 5.5% quarter-over-quarter.
• 27 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2014 and 14 closed out, a net change of +13 holders.
• The largest State Street SPDR S&P Bank ETF buyer in Q4 2014 was Goldman Sachs, an estimated $51.2M added.
• The largest State Street SPDR S&P Bank ETF seller in Q4 2014 was Wells Fargo, an estimated $79.3M sold.

Based on aggregated 13F filings for Q4 2014.