State Street SPDR S&P Bank ETF
106 hedge funds and large institutions have $1.5B invested in State Street SPDR S&P Bank ETF in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 28 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
0.87% less ownership
Funds ownership: 62.53% → 61.66% (-0.87%)
10% less capital invested
Capital invested by funds: $1.68B → $1.5B (-$175M)
16% less funds holding
Funds holding: 126 → 106 (-20)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
64% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 28
92% less call options, than puts
Call options by funds: $717K | Put options by funds: $9.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$23.5M |
| 2 |
Morgan Stanley
New York
|
+$18.4M |
| 3 |
Barclays
London,
United Kingdom
|
+$17.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$165M |
| 2 |
JP Morgan Chase
New York
|
-$33.6M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$32.1M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$15.7M |
| 5 |
COI
Connable Office Inc
Kalamazoo,
Michigan
|
-$4.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Envestnet Asset Management
Chicago,
Illinois
| – | -$199K | -5,937 | Closed |
|
|
ECM
127
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$146K | -4,225 | Closed |
|
|
BRWA
128
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$105 | -3,130 | Closed |
|
129
Walleye Trading
New York
| – | -$24.3K | -747 | Closed |
|
|
CG
130
Colony Group
Boston,
Massachusetts
| – | -$12K | -360 | Closed |
|
|
PG
131
Patten Group
Chattanooga,
Tennessee
| – | -$8K | -250 | Closed |
|
|
NPC
132
National Planning Corporation
El Segundo,
California
| – | -$5.97K | -188 | Closed |
|
|
CTC
133
Central Trust Company
Jefferson City,
Missouri
| – | -$5K | -135 | Closed |
|
|
PMFA
134
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -79 | Closed |
|
KBE Hedge Fund Activity: Q1 2015 in Review
106 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2015, worth a combined $1.5B — down 10% from $1.68B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of KBE and 10 opened new positions — a net loss of 18 holders — while 36 trimmed existing stakes and 36 added.
The largest buyer was Citigroup, adding an estimated $23.5M. The largest seller was Goldman Sachs, cutting an estimated $165M.
- 106 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2015, down from 126 in Q4 2014.
- Funds reported $1.5B of State Street SPDR S&P Bank ETF stock for Q1 2015, down 10% quarter-over-quarter.
- 10 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2015 and 28 closed out, a net change of -18 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2015 was Citigroup, an estimated $23.5M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2015 was Goldman Sachs, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2015.