State Street SPDR S&P Bank ETF
243 hedge funds and large institutions have $2.41B invested in State Street SPDR S&P Bank ETF in 2017 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 82 increasing their positions, 60 reducing their positions, and 19 closing their positions.
211% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 19
37% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 60
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
18% more funds holding
Funds holding: 206 → 243 (+37)
12% more capital invested
Capital invested by funds: $2.15B → $2.41B (+$253M)
2.76% more ownership
Funds ownership: 60.46% → 63.22% (+2.8%)
64% less call options, than puts
Call options by funds: $81.8M | Put options by funds: $230M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$61.1M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$55.2M |
| 3 |
Morgan Stanley
New York
|
+$44M |
| 4 |
Goldman Sachs
New York
|
+$25.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$40M |
| 2 |
JP Morgan Chase
New York
|
-$29.5M |
| 3 |
SAM
Symphony Asset Management
San Francisco,
California
|
-$27M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16M |
| 5 |
WKKFT
W.K. Kellogg Foundation Trust
Battle Creek,
Michigan
|
-$14.5M |
KBE Hedge Fund Activity: Q4 2017 in Review
243 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2017, worth a combined $2.41B — up 12% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new KBE positions and 19 closed out — a net gain of 40 holders — while 82 added to existing stakes and 60 trimmed.
The largest buyer was AMP Capital Investors, adding an estimated $61.1M. The largest seller was Bank of New York Mellon, cutting an estimated $40M.
- 243 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2017, up from 206 in Q3 2017.
- Funds reported $2.41B of State Street SPDR S&P Bank ETF stock for Q4 2017, up 12% quarter-over-quarter.
- 59 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2017 and 19 closed out, a net change of +40 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2017 was AMP Capital Investors, an estimated $61.1M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2017 was Bank of New York Mellon, an estimated $40M sold.
Based on aggregated 13F filings for Q4 2017.