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State Street SPDR S&P Bank ETF

230 hedge funds and large institutions have $942M invested in State Street SPDR S&P Bank ETF in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

5.64% more ownership

Funds ownership: 49.25%54.89% (+5.6%)

1% less capital invested

Capital invested by funds: $951M → $942M (-$8.82M)

5% less funds holding

Funds holding: 243230 (-13)

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

38% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 86

80% less call options, than puts

Call options by funds: $50.6M | Put options by funds: $248M

Holders
230
Holders Change
-13
Holders Change %
-5.35%
% of All Funds
3.7%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
30
Increased
53
Reduced
86
Closed
40
Calls
$50.6M
Puts
$248M
Net Calls
-$197M
Net Calls Change
-$100M
Name Holding Trade Value Shares
Change
Change in
Stake
HSBC Holdings
101
HSBC Holdings
United Kingdom
$421K +$61K +1,300 +16%
AFM
102
Abbot Financial Management
Massachusetts
$416K -$8.21K -175 -2%
OCM
103
Objective Capital Management
Ohio
$402K -$14.1K -300 -3%
MBT
104
Montecito Bank & Trust
California
$383K
GM
105
Granger Management
New York
$375K -$155K -3,302 -28%
WPW
106
Waldron Private Wealth
Pennsylvania
$367K
CFAM
107
Coury Firm Asset Management
Pennsylvania
$365K +$3.57K +76 +1%
Tudor Investment Corp
108
Tudor Investment Corp
Connecticut
$346K -$65.2K -1,390 -15%
PSCM
109
Per Stirling Capital Management
Texas
$343K +$356K +7,595 New
BBVA
110
Banco Bilbao Vizcaya Argentaria
Spain
$342K
IA
111
IFP Advisors
Florida
$335K -$149K -3,179 -32%
SI
112
Stephens Inc
Arkansas
$332K +$18.8K +400 +6%
FAM
113
Formidable Asset Management
Ohio
$316K
BFEC
114
Benjamin F. Edwards & Company
Missouri
$312K
AWM
115
AE Wealth Management
Kansas
$303K -$1.83K -39 -0.6%
BRWA
116
B. Riley Wealth Advisors
Florida
$302K -$15.3K -327 -5%
Koshinski Asset Management
117
Koshinski Asset Management
Illinois
$302K -$11.6K -248 -4%
EFS
118
Essex Financial Services
Connecticut
$298K
LCS
119
Levin Capital Strategies
New York
$298K
BAM
120
Berkshire Asset Management
Pennsylvania
$294K -$118K -2,524 -28%
LWAC
121
Laurel Wealth Advisors (California)
California
$288K +$299K +6,370 New
DDPIC
122
Deroy & Devereaux Private Investment Counsel
Michigan
$280K
TC
123
Telemus Capital
Michigan
$274K +$278K +5,918 New
National Bank of Canada
124
National Bank of Canada
Quebec, Canada
$273K -$14K -298 -5%
LWM
125
Laidlaw Wealth Management
New York
$271K +$282K +6,004 New

KBE Hedge Fund Activity: Q4 2022 in Review

230 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2022, worth a combined $942M — down 0.93% from $951M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of KBE and 30 opened new positions — a net loss of 10 holders — while 86 trimmed existing stakes and 53 added.

The largest buyer was Citigroup, adding an estimated $72.5M. The largest seller was JP Morgan Chase, cutting an estimated $68M.

  • 230 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2022, down from 243 in Q3 2022.
  • Funds reported $942M of State Street SPDR S&P Bank ETF stock for Q4 2022, down 0.93% quarter-over-quarter.
  • 30 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2022 and 40 closed out, a net change of -10 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q4 2022 was Citigroup, an estimated $72.5M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q4 2022 was JP Morgan Chase, an estimated $68M sold.

Based on aggregated 13F filings for Q4 2022.