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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.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

0% more funds holding

Funds holding: 135135 (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

Holders
135
Holders Change
Holders Change %
0%
% of All Funds
3.77%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.2%
New
21
Increased
39
Reduced
43
Closed
21
Calls
$2.43M
Puts
$6.69M
Net Calls
-$4.26M
Net Calls Change
+$12.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$795M -$242M -6,924,134 -22%
Franklin Resources
2
Franklin Resources
California
$92.1M +$58.2M +1,669,481 +151%
Bank of America
3
Bank of America
North Carolina
$62.4M +$9.07M +260,045 +16%
JP Morgan Chase
4
JP Morgan Chase
New York
$50.8M +$7.27M +208,414 +16%
PVH
5
Psagot Value Holdings
Israel
$42.8M +$4.7M +134,592 +12%
Morgan Stanley
6
Morgan Stanley
New York
$42.1M -$23.8M -681,900 -35%
WBG
7
Wharton Business Group
Pennsylvania
$39.4M -$1.46M -41,940 -3%
UBS Group
8
UBS Group
Switzerland
$32.9M +$3.88M +111,188 +13%
Schroder Investment Management Group
9
Schroder Investment Management Group
United Kingdom
$29.3M +$30.7M +880,481 New
Citigroup
10
Citigroup
New York
$25.3M -$27.8M -797,062 -51%
Wells Fargo
11
Wells Fargo
California
$20.1M -$4.79M -137,269 -19%
Stifel Financial
12
Stifel Financial
Missouri
$19.2M -$815K -23,346 -4%
CS
13
Credit Suisse
Switzerland
$15.4M +$56.6K +1,621 +0.4%
KHLMVGHM
14
Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet
Israel
$13.8M +$1.3M +37,388 +10%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$11.4M +$184K +5,273 +2%
WC
16
Wexford Capital
Florida
$10.1M +$10.6M +303,413 New
HighTower Advisors
17
HighTower Advisors
Illinois
$9.69M +$2.85M +81,618 +39%
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$8.43M -$39.1K -1,121 -0.4%
SSB
19
Sandy Spring Bank
Maryland
$6.37M +$695K +19,910 +12%
LNB
20
Ledyard National Bank
$6.14M +$208K +5,950 +3%
BWM
21
Braver Wealth Management
Massachusetts
$5.33M +$649K +18,598 +13%
KHLMTHM
22
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$5.06M +$499K +14,289 +10%
SCM
23
Stuyvesant Capital Management
New York
$4.61M +$1.67M +47,825 +53%
BPC
24
Banque Pictet & Cie
Switzerland
$3.94M -$248K -7,100 -6%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$3.63M +$656K +18,812 +21%

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.