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State Street SPDR S&P Bank ETF

201 hedge funds and large institutions have $552M invested in State Street SPDR S&P Bank ETF in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 82 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 210201 (-9)

9.06% less ownership

Funds ownership: 58.09%49.04% (-9.1%)

25% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 32

30% less capital invested

Capital invested by funds: $786M → $552M (-$234M)

31% less call options, than puts

Call options by funds: $62.6M | Put options by funds: $91.4M

50% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 82

Holders
201
Holders Change
-9
Holders Change %
-4.29%
% of All Funds
3.19%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
24
Increased
41
Reduced
82
Closed
32
Calls
$62.6M
Puts
$91.4M
Net Calls
-$28.8M
Net Calls Change
+$32.7M
Name Holding Trade Value Shares
Change
Change in
Stake
IAN
76
Integrated Advisors Network
Texas
$477K -$545 -14 -0.1%
GLLW
77
Graves Light Lenhart Wealth
Virginia
$460K -$54.5K -1,400 -10%
Cambridge Investment Research Advisors
78
Cambridge Investment Research Advisors
Iowa
$458K -$4.13K -106 -0.8%
Wealthfront Advisers
79
Wealthfront Advisers
California
$450K -$36.8K -946 -7%
MCM
80
MAI Capital Management
Ohio
$448K -$95.5K -2,451 -17%
CCA
81
Cobblestone Capital Advisors
New York
$446K
NA
82
NewEdge Advisors
Louisiana
$437K -$25.8K -663 -5%
BWM
83
BigSur Wealth Management
Florida
$428K
FM
84
Family Management
New York
$428K
KAS
85
Kestra Advisory Services
Texas
$424K -$137K -3,507 -23%
NSAM
86
North Star Asset Management
Wisconsin
$422K -$23.4K -600 -5%
WA
87
WP Advisors
California
$398K +$4.17K +107 +1%
N
88
Natixis
France
$384K
WI
89
Wintrust Investments
Illinois
$371K +$48.6K +1,247 +14%
AC
90
Aristides Capital
Kentucky
$370K
SPIA
91
Steward Partners Investment Advisory
New York
$369K -$15.5K -399 -4%
HWM
92
HB Wealth Management
Georgia
$362K
JIC
93
Johnson Investment Counsel
Ohio
$352K
CI
94
CX Institutional
Indiana
$344K -$41.2K -1,057 -10%
IC
95
Innealta Capital
Texas
$334K
BAM
96
Berkshire Asset Management
Pennsylvania
$333K
SIC
97
Samalin Investment Counsel
New York
$331K -$41.8K -1,072 -11%
CI
98
Chartist Inc
California
$324K -$45.9K -1,178 -12%
HNB
99
Huntington National Bank
Ohio
$320K
Millennium Management
100
Millennium Management
New York
$314K -$6.27M -161,055 -95%

KBE Hedge Fund Activity: Q3 2023 in Review

201 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2023, worth a combined $552M — down 30% from $786M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of KBE and 24 opened new positions — a net loss of 8 holders — while 82 trimmed existing stakes and 41 added.

The largest buyer was Two Sigma Investments, adding an estimated $11.5M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $87.1M sold.

  • 201 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2023, down from 210 in Q2 2023.
  • Funds reported $552M of State Street SPDR S&P Bank ETF stock for Q3 2023, down 30% quarter-over-quarter.
  • 24 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2023 and 32 closed out, a net change of -8 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2023 was Two Sigma Investments, an estimated $11.5M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2023 was Migdal Insurance & Financial Holdings, an estimated $87.1M sold.

Based on aggregated 13F filings for Q3 2023.