State Street SPDR S&P Bank ETF

KBE

Market cap $1.65B

KBE Hedge Fund Activity: Q2 2022 in Review

257 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2022, worth a combined $1.1B — down 16% from $1.3B a quarter earlier.

Sellers outnumbered buyers: 63 funds closed out of KBE and 23 opened new positions — a net loss of 40 holders — while 92 trimmed existing stakes and 68 added.

The largest buyer was JP Morgan Chase, adding an estimated $110M. The largest seller was Mivtachim The Workers Social Insurance Fund, exiting entirely with an estimated $35.5M sold.

• 257 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2022, down from 299 in Q1 2022.
• Funds reported $1.1B of State Street SPDR S&P Bank ETF stock for Q2 2022, down 16% quarter-over-quarter.
• 23 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2022 and 63 closed out, a net change of -40 holders.
• The largest State Street SPDR S&P Bank ETF buyer in Q2 2022 was JP Morgan Chase, an estimated $110M added.
• The largest State Street SPDR S&P Bank ETF seller in Q2 2022 was Mivtachim The Workers Social Insurance Fund, an estimated $35.5M sold.

Based on aggregated 13F filings for Q2 2022.