State Street SPDR S&P Bank ETF
140 hedge funds and large institutions have $1.41B invested in State Street SPDR S&P Bank ETF in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 56 reducing their positions, and 34 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
7% less funds holding
Funds holding: 151 → 140 (-11)
13% less capital inflows, than outflows
Capital inflows: $275M | Capital outflows: $315M
25% less call options, than puts
Call options by funds: $42.7M | Put options by funds: $56.7M
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
36% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$118M |
| 2 |
JP Morgan Chase
New York
|
+$29.4M |
| 3 |
Citigroup
New York
|
+$21.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$15M |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$111M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$32.9M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
-$23.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$22.9M |
| 5 |
Morgan Stanley
New York
|
-$20M |
KBE Hedge Fund Activity: Q1 2016 in Review
140 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2016, worth a combined $1.41B — down 11% from $1.59B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of KBE and 25 opened new positions — a net loss of 9 holders — while 56 trimmed existing stakes and 36 added.
The largest buyer was Goldman Sachs, adding an estimated $118M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $111M sold.
- 140 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2016, down from 151 in Q4 2015.
- Funds reported $1.41B of State Street SPDR S&P Bank ETF stock for Q1 2016, down 11% quarter-over-quarter.
- 25 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2016 and 34 closed out, a net change of -9 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2016 was Goldman Sachs, an estimated $118M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2016 was Migdal Insurance & Financial Holdings, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2016.