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State Street SPDR S&P Bank ETF

163 hedge funds and large institutions have $709M invested in State Street SPDR S&P Bank ETF in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.68% more ownership

Funds ownership: 58.64%60.32% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less capital invested

Capital invested by funds: $775M → $709M (-$65.1M)

12% less funds holding

Funds holding: 186163 (-23)

13% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 54

43% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 51

56% less call options, than puts

Call options by funds: $121M | Put options by funds: $274M

Holders
163
Holders Change
-23
Holders Change %
-12.37%
% of All Funds
3.29%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
29
Increased
47
Reduced
54
Closed
51
Calls
$121M
Puts
$274M
Net Calls
-$153M
Net Calls Change
-$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
HighTower Advisors
76
HighTower Advisors
Illinois
$339K -$175K -5,625 -33%
Envestnet Asset Management
77
Envestnet Asset Management
Illinois
$336K -$68.8K -2,211 -16%
Janney Montgomery Scott
78
Janney Montgomery Scott
Pennsylvania
$328K +$1.31K +42 +0.4%
AAS
79
Avantax Advisory Services
Texas
$324K +$341K +10,975 New
DADC
80
D.A. Davidson & Co
Montana
$312K -$207K -6,643 -39%
BAM
81
Blueshift Asset Management
New Jersey
$311K +$328K +10,552 New
CAPTRUST Financial Advisors
82
CAPTRUST Financial Advisors
North Carolina
$304K -$86.7K -2,786 -21%
ZIG
83
Zuckerman Investment Group
Illinois
$296K
V
84
Veritable
Delaware
$292K
ASN
85
Advisory Services Network
Georgia
$283K -$35.9K -1,155 -11%
EH
86
Equitable Holdings
New York
$278K -$29.6K -950 -9%
Creative Planning
87
Creative Planning
Kansas
$273K +$288K +9,269 New
Commonwealth Equity Services
88
Commonwealth Equity Services
Massachusetts
$270K -$28K -899 -9%
MWC
89
MBM Wealth Consultants
Missouri
$259K +$23.3K +750 +9%
MBT
90
Montecito Bank & Trust
California
$252K
Deutsche Bank
91
Deutsche Bank
Germany
$250K -$221K -7,100 -46%
PAG
92
Private Advisor Group
New Jersey
$249K +$23.7K +761 +10%
AFM
93
Abbot Financial Management
Massachusetts
$237K +$342 +11 +0.1%
PP
94
Paloma Partners
Connecticut
$234K -$8.85M -284,600 -97%
DWT
95
Dorsey & Whitney Trust
South Dakota
$227K
SG Americas Securities
96
SG Americas Securities
New York
$227K +$239K +7,693 New
Eagle Capital Management (New York)
97
Eagle Capital Management (New York)
New York
$225K +$238K +7,653 New
IWA
98
Intercontinental Wealth Advisors
Texas
$222K +$234K +7,534 New
FAM
99
Formidable Asset Management
Ohio
$214K
EWF
100
Epstein & White Financial
California
$207K +$15.1K +484 +7%

KBE Hedge Fund Activity: Q3 2020 in Review

163 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2020, worth a combined $709M — down 8.4% from $775M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of KBE and 29 opened new positions — a net loss of 22 holders — while 54 trimmed existing stakes and 47 added.

The largest buyer was EJF Capital, opening a new position worth an estimated $46.7M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $58M sold.

  • 163 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2020, down from 186 in Q2 2020.
  • Funds reported $709M of State Street SPDR S&P Bank ETF stock for Q3 2020, down 8.4% quarter-over-quarter.
  • 29 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2020 and 51 closed out, a net change of -22 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2020 was EJF Capital, an estimated $46.7M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2020 was Migdal Insurance & Financial Holdings, an estimated $58M sold.

Based on aggregated 13F filings for Q3 2020.