State Street SPDR S&P Bank ETF
101 hedge funds and large institutions have $1.4B invested in State Street SPDR S&P Bank ETF in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 14 closing their positions.
60% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $1.11M
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
9% more funds holding
Funds holding: 93 → 101 (+8)
2% more capital invested
Capital invested by funds: $1.37B → $1.4B (+$25.8M)
3.05% less ownership
Funds ownership: 61.46% → 58.41% (-3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$83.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.12M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.31M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.38M |
| 5 |
Morgan Stanley
New York
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$43.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.4M |
| 3 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$14.2M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$14.2M |
| 5 |
AA
Alesco Advisors
Pittsford,
New York
|
-$11.4M |
KBE Hedge Fund Activity: Q3 2013 in Review
101 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2013, worth a combined $1.4B — up 1.9% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KBE positions and 14 closed out — a net gain of 8 holders — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $83.5M. The largest seller was Citigroup, cutting an estimated $43.2M.
- 101 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2013, up from 93 in Q2 2013.
- Funds reported $1.4B of State Street SPDR S&P Bank ETF stock for Q3 2013, up 1.9% quarter-over-quarter.
- 22 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2013 and 14 closed out, a net change of +8 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2013 was Goldman Sachs, an estimated $83.5M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2013 was Citigroup, an estimated $43.2M sold.
Based on aggregated 13F filings for Q3 2013.