State Street SPDR S&P Bank ETF
186 hedge funds and large institutions have $2.09B invested in State Street SPDR S&P Bank ETF in 2016 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 53 increasing their positions, 41 reducing their positions, and 26 closing their positions.
154% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 26
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
42% more capital invested
Capital invested by funds: $1.48B → $2.09B (+$617M)
29% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 41
23% more funds holding
Funds holding: 151 → 186 (+35)
0.29% less ownership
Funds ownership: 62.41% → 62.12% (-0.29%)
7% less call options, than puts
Call options by funds: $99.4M | Put options by funds: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$176M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$62.8M |
| 3 |
WKKFT
W.K. Kellogg Foundation Trust
Battle Creek,
Michigan
|
+$51.6M |
| 4 |
Bank of New York Mellon
New York
|
+$50.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$42.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$261M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$55M |
| 3 |
Citigroup
New York
|
-$30.3M |
| 4 |
MCM
MKP Capital Management
New York
|
-$24.9M |
| 5 |
JP Morgan Chase
New York
|
-$18.6M |
KBE Hedge Fund Activity: Q4 2016 in Review
186 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2016, worth a combined $2.09B — up 42% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new KBE positions and 26 closed out — a net gain of 40 holders — while 53 added to existing stakes and 41 trimmed.
The largest buyer was AMP Capital Investors, opening a new position worth an estimated $176M. The largest seller was Goldman Sachs, cutting an estimated $261M.
- 186 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2016, up from 151 in Q3 2016.
- Funds reported $2.09B of State Street SPDR S&P Bank ETF stock for Q4 2016, up 42% quarter-over-quarter.
- 66 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2016 and 26 closed out, a net change of +40 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2016 was AMP Capital Investors, an estimated $176M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2016 was Goldman Sachs, an estimated $261M sold.
Based on aggregated 13F filings for Q4 2016.