State Street SPDR S&P Bank ETF
150 hedge funds and large institutions have $1.47B invested in State Street SPDR S&P Bank ETF in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 41 increasing their positions, 38 reducing their positions, and 16 closing their positions.
156% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
39% more call options, than puts
Call options by funds: $74.1M | Put options by funds: $53.2M
20% more capital invested
Capital invested by funds: $1.23B → $1.47B (+$243M)
18% more funds holding
Funds holding: 127 → 150 (+23)
8% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 38
0.88% more ownership
Funds ownership: 61.36% → 62.25% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$53.6M |
| 2 |
MCM
MKP Capital Management
New York
|
+$24.3M |
| 3 |
Citigroup
New York
|
+$20M |
| 4 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$16.2M |
| 5 |
SH
SeaTown Holdings
Singapore
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$37.2M |
| 2 |
JP Morgan Chase
New York
|
-$20.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.95M |
| 4 |
Morgan Stanley
New York
|
-$5.94M |
| 5 |
Two Sigma Advisers
New York
|
-$3.54M |
KBE Hedge Fund Activity: Q3 2016 in Review
150 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2016, worth a combined $1.47B — up 20% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new KBE positions and 16 closed out — a net gain of 25 holders — while 41 added to existing stakes and 38 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $53.6M. The largest seller was Goldman Sachs, cutting an estimated $37.2M.
- 150 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2016, up from 127 in Q2 2016.
- Funds reported $1.47B of State Street SPDR S&P Bank ETF stock for Q3 2016, up 20% quarter-over-quarter.
- 41 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2016 and 16 closed out, a net change of +25 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2016 was Horizon Investments, an estimated $53.6M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2016 was Goldman Sachs, an estimated $37.2M sold.
Based on aggregated 13F filings for Q3 2016.