State Street SPDR S&P Bank ETF
KBE
127 hedge funds and large institutions have $1.23B invested in State Street SPDR S&P Bank ETF in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 59 reducing their positions, and 27 closing their positions.
9% less funds holding
Funds holding: 140 → 127 (-13)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
51% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 59
74% less capital inflows, than outflows
Capital inflows: $65.2M | Capital outflows: $255M
77% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $77.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$29.9M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$6.63M |
| 3 |
Quantitative Investment Management
Charlottesville,
Virginia
|
+$2.87M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.38M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$96.9M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$37M |
| 3 |
JP Morgan Chase
New York
|
-$20.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$19.2M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$9.7M |
KBE Hedge Fund Activity: Q2 2016 in Review
127 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2016, worth a combined $1.23B — down 13% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of KBE and 14 opened new positions — a net loss of 13 holders — while 59 trimmed existing stakes and 29 added.
The largest buyer was Morgan Stanley, adding an estimated $29.9M. The largest seller was Goldman Sachs, cutting an estimated $96.9M.
- 127 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2016, down from 140 in Q1 2016.
- Funds reported $1.23B of State Street SPDR S&P Bank ETF stock for Q2 2016, down 13% quarter-over-quarter.
- 14 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2016 and 27 closed out, a net change of -13 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2016 was Morgan Stanley, an estimated $29.9M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2016 was Goldman Sachs, an estimated $96.9M sold.
Based on aggregated 13F filings for Q2 2016.