State Street SPDR S&P Bank ETF
126 hedge funds and large institutions have $1.68B invested in State Street SPDR S&P Bank ETF in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 14 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
10% more funds holding
Funds holding: 115 → 126 (+11)
5% more capital invested
Capital invested by funds: $1.59B → $1.68B (+$87.3M)
0.96% more ownership
Funds ownership: 61.57% → 62.53% (+0.96%)
66% less call options, than puts
Call options by funds: $2.47M | Put options by funds: $7.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$51.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$15.9M |
| 3 |
Citigroup
New York
|
+$9.8M |
| 4 |
JP Morgan Chase
New York
|
+$2.88M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$79.3M |
| 2 |
Morgan Stanley
New York
|
-$14.7M |
| 3 |
Barclays
London,
United Kingdom
|
-$10.6M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$9.61M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.45M |
KBE Hedge Fund Activity: Q4 2014 in Review
126 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2014, worth a combined $1.68B — up 5.5% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KBE positions and 14 closed out — a net gain of 13 holders — while 44 added to existing stakes and 31 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $51.2M. The largest seller was Wells Fargo, cutting an estimated $79.3M.
- 126 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2014, up from 115 in Q3 2014.
- Funds reported $1.68B of State Street SPDR S&P Bank ETF stock for Q4 2014, up 5.5% quarter-over-quarter.
- 27 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2014 and 14 closed out, a net change of +13 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2014 was Goldman Sachs, an estimated $51.2M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2014 was Wells Fargo, an estimated $79.3M sold.
Based on aggregated 13F filings for Q4 2014.