State Street SPDR S&P Bank ETF
217 hedge funds and large institutions have $708M invested in State Street SPDR S&P Bank ETF in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 59 increasing their positions, 64 reducing their positions, and 31 closing their positions.
19% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 31
14% more capital invested
Capital invested by funds: $621M → $708M (+$87.1M)
2% more funds holding
Funds holding: 212 → 217 (+5)
8% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 64
6.81% less ownership
Funds ownership: 43.22% → 36.41% (-6.8%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less call options, than puts
Call options by funds: $90.5M | Put options by funds: $183M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$54.1M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$19.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.03M |
| 4 |
Morgan Stanley
New York
|
+$6.85M |
| 5 |
Twin Tree Management
Dallas,
Texas
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$65.1M |
| 2 |
Goldman Sachs
New York
|
-$16.7M |
| 3 |
Two Sigma Investments
New York
|
-$11.1M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$5.03M |
| 5 |
CM
Cercano Management
Bellevue,
Washington
|
-$4.18M |
KBE Hedge Fund Activity: Q3 2024 in Review
217 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2024, worth a combined $708M — up 14% from $621M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new KBE positions and 31 closed out — a net gain of 6 holders — while 59 added to existing stakes and 64 trimmed.
The largest buyer was Citigroup, adding an estimated $54.1M. The largest seller was AssetMark Inc, cutting an estimated $65.1M.
- 217 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2024, up from 212 in Q2 2024.
- Funds reported $708M of State Street SPDR S&P Bank ETF stock for Q3 2024, up 14% quarter-over-quarter.
- 37 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2024 and 31 closed out, a net change of +6 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2024 was Citigroup, an estimated $54.1M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2024 was AssetMark Inc, an estimated $65.1M sold.
Based on aggregated 13F filings for Q3 2024.