State Street SPDR S&P Bank ETF
216 hedge funds and large institutions have $2.17B invested in State Street SPDR S&P Bank ETF in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 74 increasing their positions, 70 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
2% more funds holding
Funds holding: 211 → 216 (+5)
1.71% more ownership
Funds ownership: 65.24% → 66.95% (+1.7%)
6% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 70
2% more capital invested
Capital invested by funds: $2.12B → $2.17B (+$44.6M)
6% less call options, than puts
Call options by funds: $120M | Put options by funds: $127M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$47.9M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$42.5M |
| 3 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$20.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13M |
| 5 |
Morgan Stanley
New York
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$39.2M |
| 2 |
Citigroup
New York
|
-$23.3M |
| 3 |
WKKFT
W.K. Kellogg Foundation Trust
Battle Creek,
Michigan
|
-$20.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$18.2M |
| 5 |
VanEck Associates
New York
|
-$10.5M |
KBE Hedge Fund Activity: Q2 2017 in Review
216 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2017, worth a combined $2.17B — up 2.1% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new KBE positions and 24 closed out — a net gain of 8 holders — while 74 added to existing stakes and 70 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $47.9M. The largest seller was Bank of New York Mellon, cutting an estimated $39.2M.
- 216 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2017, up from 211 in Q1 2017.
- Funds reported $2.17B of State Street SPDR S&P Bank ETF stock for Q2 2017, up 2.1% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2017 and 24 closed out, a net change of +8 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2017 was Goldman Sachs, an estimated $47.9M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2017 was Bank of New York Mellon, an estimated $39.2M sold.
Based on aggregated 13F filings for Q2 2017.