State Street SPDR S&P Bank ETF
255 hedge funds and large institutions have $2.19B invested in State Street SPDR S&P Bank ETF in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 85 increasing their positions, 76 reducing their positions, and 29 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 76
7% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 29
1% less funds holding
Funds holding: 258 → 255 (-3)
4.87% less ownership
Funds ownership: 63.55% → 58.68% (-4.9%)
16% less capital invested
Capital invested by funds: $2.61B → $2.19B (-$414M)
44% less funds holding in top 10
Funds holding in top 10: 16 → 9 (-7)
62% less call options, than puts
Call options by funds: $62.2M | Put options by funds: $163M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$27.7M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$20.8M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$18.8M |
| 4 |
Goldman Sachs
New York
|
+$16M |
| 5 |
JP Morgan Chase
New York
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$245M |
| 2 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
-$45.6M |
| 3 |
Barclays
London,
United Kingdom
|
-$44.6M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$35.4M |
| 5 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
-$19.3M |
KBE Hedge Fund Activity: Q2 2018 in Review
255 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2018, worth a combined $2.19B — down 16% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new KBE positions and 29 closed out — a net gain of 2 holders — while 85 added to existing stakes and 76 trimmed.
The largest buyer was Citigroup, adding an estimated $27.7M. The largest seller was AMP Capital Investors, cutting an estimated $245M.
- 255 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2018, down from 258 in Q1 2018.
- Funds reported $2.19B of State Street SPDR S&P Bank ETF stock for Q2 2018, down 16% quarter-over-quarter.
- 31 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2018 and 29 closed out, a net change of +2 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2018 was Citigroup, an estimated $27.7M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2018 was AMP Capital Investors, an estimated $245M sold.
Based on aggregated 13F filings for Q2 2018.