State Street SPDR S&P Bank ETF
112 hedge funds and large institutions have $1.45B invested in State Street SPDR S&P Bank ETF in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 31 increasing their positions, 33 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 101 → 112 (+11)
4% more capital invested
Capital invested by funds: $1.4B → $1.45B (+$51.9M)
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
1.49% less ownership
Funds ownership: 58.41% → 56.93% (-1.5%)
68% less call options, than puts
Call options by funds: $5.03M | Put options by funds: $15.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$14.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.69M |
| 3 |
WI
Wafra Inc
New York
|
+$4.44M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.85M |
| 5 |
Two Sigma Investments
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$74M |
| 2 |
Barclays
London,
United Kingdom
|
-$12.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.83M |
| 4 |
Morgan Stanley
New York
|
-$9.77M |
| 5 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$4.83M |
KBE Hedge Fund Activity: Q4 2013 in Review
112 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2013, worth a combined $1.45B — up 3.7% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new KBE positions and 12 closed out — a net gain of 12 holders — while 31 added to existing stakes and 33 trimmed.
The largest buyer was Citigroup, adding an estimated $14.7M. The largest seller was Goldman Sachs, cutting an estimated $74M.
- 112 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2013, up from 101 in Q3 2013.
- Funds reported $1.45B of State Street SPDR S&P Bank ETF stock for Q4 2013, up 3.7% quarter-over-quarter.
- 24 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2013 and 12 closed out, a net change of +12 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2013 was Citigroup, an estimated $14.7M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2013 was Goldman Sachs, an estimated $74M sold.
Based on aggregated 13F filings for Q4 2013.