State Street SPDR S&P Bank ETF
151 hedge funds and large institutions have $1.6B invested in State Street SPDR S&P Bank ETF in 2015 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 17 closing their positions.
106% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 17
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
12% more funds holding
Funds holding: 135 → 151 (+16)
12% more capital invested
Capital invested by funds: $1.43B → $1.6B (+$166M)
4.15% more ownership
Funds ownership: 52.65% → 56.8% (+4.1%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
63% less call options, than puts
Call options by funds: $6.14M | Put options by funds: $16.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$25.3M |
| 2 |
Morgan Stanley
New York
|
+$16.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16M |
| 4 |
JP Morgan Chase
New York
|
+$9.89M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$9.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$45M |
| 2 |
Goldman Sachs
New York
|
-$19.4M |
| 3 |
Citigroup
New York
|
-$10.3M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$10.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.2M |
KBE Hedge Fund Activity: Q4 2015 in Review
151 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2015, worth a combined $1.6B — up 12% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new KBE positions and 17 closed out — a net gain of 18 holders — while 43 added to existing stakes and 36 trimmed.
The largest buyer was UBS Group, adding an estimated $25.3M. The largest seller was Franklin Resources, cutting an estimated $45M.
- 151 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2015, up from 135 in Q3 2015.
- Funds reported $1.6B of State Street SPDR S&P Bank ETF stock for Q4 2015, up 12% quarter-over-quarter.
- 35 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2015 and 17 closed out, a net change of +18 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2015 was UBS Group, an estimated $25.3M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2015 was Franklin Resources, an estimated $45M sold.
Based on aggregated 13F filings for Q4 2015.