State Street SPDR S&P Bank ETF
258 hedge funds and large institutions have $2.61B invested in State Street SPDR S&P Bank ETF in 2018 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 93 increasing their positions, 67 reducing their positions, and 31 closing their positions.
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
39% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 67
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
8% more capital invested
Capital invested by funds: $2.41B → $2.61B (+$197M)
6% more funds holding
Funds holding: 243 → 258 (+15)
0.33% more ownership
Funds ownership: 63.22% → 63.55% (+0.33%)
68% less call options, than puts
Call options by funds: $64.2M | Put options by funds: $200M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$50.8M |
| 2 |
Goldman Sachs
New York
|
+$47.2M |
| 3 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
+$42.9M |
| 4 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$41.6M |
| 5 |
JP Morgan Chase
New York
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$29.3M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$26.6M |
| 3 |
WKKFT
W.K. Kellogg Foundation Trust
Battle Creek,
Michigan
|
-$25.3M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$24.3M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$22.4M |
KBE Hedge Fund Activity: Q1 2018 in Review
258 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2018, worth a combined $2.61B — up 8.2% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new KBE positions and 31 closed out — a net gain of 17 holders — while 93 added to existing stakes and 67 trimmed.
The largest buyer was Barclays, adding an estimated $50.8M. The largest seller was Morgan Stanley, cutting an estimated $29.3M.
- 258 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2018, up from 243 in Q4 2017.
- Funds reported $2.61B of State Street SPDR S&P Bank ETF stock for Q1 2018, up 8.2% quarter-over-quarter.
- 48 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2018 and 31 closed out, a net change of +17 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2018 was Barclays, an estimated $50.8M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2018 was Morgan Stanley, an estimated $29.3M sold.
Based on aggregated 13F filings for Q1 2018.