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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.

New
Increased
Maintained
Reduced
Closed

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: 126106 (-20)

40% less funds holding in top 10

Funds holding in top 10: 53 (-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

Holders
106
Holders Change
-20
Holders Change %
-15.87%
% of All Funds
2.83%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.08%
New
10
Increased
36
Reduced
36
Closed
28
Calls
$717K
Puts
$9.48M
Net Calls
-$8.76M
Net Calls Change
-$3.97M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$1.04B -$165M -5,073,668 -14%
Bank of America
2
Bank of America
North Carolina
$49.3M -$1.18M -36,142 -2%
Citigroup
3
Citigroup
New York
$47.8M +$23.5M +721,766 +102%
Morgan Stanley
4
Morgan Stanley
New York
$43.9M +$18.4M +565,711 +76%
PVH
5
Psagot Value Holdings
Israel
$42.9M +$1.32M +40,459 +3%
WBG
6
Wharton Business Group
Pennsylvania
$41.2M -$4.69M -144,260 -11%
Wells Fargo
7
Wells Fargo
California
$26.1M +$5.91M +181,918 +30%
JP Morgan Chase
8
JP Morgan Chase
New York
$26M -$33.6M -1,032,967 -57%
Stifel Financial
9
Stifel Financial
Missouri
$20.6M -$418K -12,858 -2%
Barclays
10
Barclays
United Kingdom
$18.3M +$17.8M +548,328 +7,580%
CS
11
Credit Suisse
Switzerland
$17.3M +$16M +492,875 +2,149%
KHLMVGHM
12
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Israel
$12.9M +$961K +29,565 +8%
UBS Group
13
UBS Group
Switzerland
$12.7M +$4.87M +149,717 +66%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$11.1M +$82.1K +2,526 +0.8%
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$8.38M +$8.13M +250,000 New
CI
16
Chartist Inc
California
$5.83M -$43.8K -1,348 -0.8%
SSB
17
Sandy Spring Bank
Maryland
$4.88M +$88K +2,705 +2%
BGDI
18
BW Gestao de Investimentos
Brazil
$4.81M +$410K +12,616 +10%
KHLMTHM
19
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$4.72M +$186K +5,731 +4%
LNB
20
Ledyard National Bank
$4.69M +$205K +6,300 +5%
Capital Fund Management (CFM)
21
Capital Fund Management (CFM)
France
$3.54M +$2.52M +77,487 +275%
V
22
Veritable
Delaware
$3.35M
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$3.22M -$30.8K -947 -1%
BCI
24
Brinker Capital Investments
Pennsylvania
$2.85M
SCM
25
Stuyvesant Capital Management
New York
$2.81M +$2.73M +83,985 New

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.