State Street SPDR S&P Bank ETF
135 hedge funds and large institutions have $1.43B invested in State Street SPDR S&P Bank ETF in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 21 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
0% more funds holding
Funds holding: 135 → 135 (0)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
6.95% less ownership
Funds ownership: 59.6% → 52.65% (-6.9%)
18% less capital invested
Capital invested by funds: $1.75B → $1.43B (-$320M)
64% less call options, than puts
Call options by funds: $2.43M | Put options by funds: $6.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$58.2M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$30.7M |
| 3 |
WC
Wexford Capital
West Palm Beach,
Florida
|
+$10.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.07M |
| 5 |
JP Morgan Chase
New York
|
+$7.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$242M |
| 2 |
Citigroup
New York
|
-$27.8M |
| 3 |
Morgan Stanley
New York
|
-$23.8M |
| 4 |
Barclays
London,
United Kingdom
|
-$16.5M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$10.2M |
KBE Hedge Fund Activity: Q3 2015 in Review
135 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2015, worth a combined $1.43B — down 18% from $1.75B a quarter earlier.
Fund positioning in KBE was balanced in Q3 2015: 21 funds opened new positions, 21 closed out, 39 added to existing stakes and 43 trimmed.
The largest buyer was Franklin Resources, adding an estimated $58.2M. The largest seller was Goldman Sachs, cutting an estimated $242M.
- 135 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $1.43B of State Street SPDR S&P Bank ETF stock for Q3 2015, down 18% quarter-over-quarter.
- 21 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2015 and 21 closed out, a net change of 0 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2015 was Franklin Resources, an estimated $58.2M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2015 was Goldman Sachs, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2015.