State Street SPDR S&P Bank ETF
207 hedge funds and large institutions have $2.18B invested in State Street SPDR S&P Bank ETF in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 71 increasing their positions, 65 reducing their positions, and 29 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 65
1% more capital invested
Capital invested by funds: $2.17B → $2.18B (+$13.2M)
4% less funds holding
Funds holding: 216 → 207 (-9)
6.48% less ownership
Funds ownership: 66.95% → 60.46% (-6.5%)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
62% less call options, than puts
Call options by funds: $62.9M | Put options by funds: $164M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$196M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$36.3M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$19.1M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$14.6M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$87.1M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$70.6M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$65.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$43M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$29.9M |
KBE Hedge Fund Activity: Q3 2017 in Review
207 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2017, worth a combined $2.18B — up 0.61% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of KBE and 21 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 71 added.
The largest buyer was AMP Capital Investors, adding an estimated $196M. The largest seller was Goldman Sachs, cutting an estimated $87.1M.
- 207 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2017, down from 216 in Q2 2017.
- Funds reported $2.18B of State Street SPDR S&P Bank ETF stock for Q3 2017, up 0.61% quarter-over-quarter.
- 21 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2017 and 29 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q3 2017 was AMP Capital Investors, an estimated $196M added.
- The largest State Street SPDR S&P Bank ETF seller in Q3 2017 was Goldman Sachs, an estimated $87.1M sold.
Based on aggregated 13F filings for Q3 2017.