State Street SPDR S&P Bank ETF
299 hedge funds and large institutions have $1.3B invested in State Street SPDR S&P Bank ETF in 2022 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 95 increasing their positions, 76 reducing their positions, and 41 closing their positions.
56% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 41
25% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 76
7% more funds holding
Funds holding: 279 → 299 (+20)
4.5% less ownership
Funds ownership: 48.86% → 44.36% (-4.5%)
14% less capital invested
Capital invested by funds: $1.5B → $1.3B (-$204M)
69% less call options, than puts
Call options by funds: $46.4M | Put options by funds: $148M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$37.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$23.6M |
| 3 |
AWA
Aaron Wealth Advisors
Chicago,
Illinois
|
+$21.7M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$13.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$64.6M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$44.9M |
| 3 |
Citigroup
New York
|
-$39.3M |
| 4 |
Morgan Stanley
New York
|
-$29.5M |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$25.8M |
KBE Hedge Fund Activity: Q1 2022 in Review
299 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2022, worth a combined $1.3B — down 14% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new KBE positions and 41 closed out — a net gain of 23 holders — while 95 added to existing stakes and 76 trimmed.
The largest buyer was Bank of America, adding an estimated $37.2M. The largest seller was Edmond de Rothschild Holding, cutting an estimated $64.6M.
- 299 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2022, up from 279 in Q4 2021.
- Funds reported $1.3B of State Street SPDR S&P Bank ETF stock for Q1 2022, down 14% quarter-over-quarter.
- 64 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2022 and 41 closed out, a net change of +23 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2022 was Bank of America, an estimated $37.2M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2022 was Edmond de Rothschild Holding, an estimated $64.6M sold.
Based on aggregated 13F filings for Q1 2022.