State Street SPDR S&P Bank ETF
108 hedge funds and large institutions have $1.46B invested in State Street SPDR S&P Bank ETF in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 36 reducing their positions, and 28 closing their positions.
414% more call options, than puts
Call options by funds: $36.8M | Put options by funds: $7.15M
0.29% less ownership
Funds ownership: 58.55% → 58.26% (-0.29%)
8% less capital invested
Capital invested by funds: $1.58B → $1.46B (-$120M)
8% less funds holding
Funds holding: 118 → 108 (-10)
28% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 36
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$20.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.95M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
+$4.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.1M |
| 5 |
Citigroup
New York
|
+$2.96M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Credit Agricole
Montrouge Cedex,
France
| – | -$553K | -16,254 | Closed |
|
|
FA
127
FDx Advisors
Chicago,
Illinois
| – | -$262K | -7,699 | Closed |
|
128
Schroder Investment Management Group
London,
United Kingdom
| – | -$238K | -7,000 | Closed |
|
|
PAG
129
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$235K | -6,914 | Closed |
|
|
CCT
130
Country Club Trust
Kansas City,
Missouri
| – | -$234K | -6,885 | Closed |
|
|
CAN
131
Cetera Advisor Networks
El Segundo,
California
| – | -$228K | -6,688 | Closed |
|
|
SC
132
Sumit Capital
New York
| – | -$202K | -5,924 | Closed |
|
133
Brown Advisory
Baltimore,
Maryland
| – | -$126K | -3,700 | Closed |
|
134
AllianceBernstein
Nashville,
Tennessee
| – | -$36K | -1,050 | Closed |
|
|
SCP
135
Syntal Capital Partners
Midland,
Texas
| – | -$10 | -305 | Closed |
|
|
CFG
136
CKW Financial Group
Honolulu,
Hawaii
| – | -$1K | -29 | Closed |
|
KBE Hedge Fund Activity: Q2 2014 in Review
108 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2014, worth a combined $1.46B — down 7.6% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of KBE and 19 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 26 added.
The largest buyer was Goldman Sachs, adding an estimated $20.4M. The largest seller was Horizon Investments, exiting entirely with an estimated $35.6M sold.
- 108 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2014, down from 118 in Q1 2014.
- Funds reported $1.46B of State Street SPDR S&P Bank ETF stock for Q2 2014, down 7.6% quarter-over-quarter.
- 19 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2014 and 28 closed out, a net change of -9 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2014 was Goldman Sachs, an estimated $20.4M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2014 was Horizon Investments, an estimated $35.6M sold.
Based on aggregated 13F filings for Q2 2014.