State Street SPDR S&P Bank ETF
222 hedge funds and large institutions have $1.19B invested in State Street SPDR S&P Bank ETF in 2019 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 42 increasing their positions, 97 reducing their positions, and 36 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
1% less funds holding
Funds holding: 225 → 222 (-3)
7.77% less ownership
Funds ownership: 64.69% → 56.92% (-7.8%)
26% less capital invested
Capital invested by funds: $1.62B → $1.19B (-$425M)
57% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 97
77% less call options, than puts
Call options by funds: $43.5M | Put options by funds: $187M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
+$35.3M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$16.3M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$13.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.65M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$232M |
| 2 |
Citigroup
New York
|
-$197M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67.1M |
| 4 |
JP Morgan Chase
New York
|
-$30.8M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$27.9M |
KBE Hedge Fund Activity: Q1 2019 in Review
222 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q1 2019, worth a combined $1.19B — down 26% from $1.62B a quarter earlier.
Fund positioning in KBE was balanced in Q1 2019: 36 funds opened new positions, 36 closed out, 42 added to existing stakes and 97 trimmed.
The largest buyer was Tibra Equities Europe, opening a new position worth an estimated $35.3M. The largest seller was Goldman Sachs, cutting an estimated $232M.
- 222 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q1 2019, down from 225 in Q4 2018.
- Funds reported $1.19B of State Street SPDR S&P Bank ETF stock for Q1 2019, down 26% quarter-over-quarter.
- 36 funds opened new State Street SPDR S&P Bank ETF positions in Q1 2019 and 36 closed out, a net change of 0 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q1 2019 was Tibra Equities Europe, an estimated $35.3M added.
- The largest State Street SPDR S&P Bank ETF seller in Q1 2019 was Goldman Sachs, an estimated $232M sold.
Based on aggregated 13F filings for Q1 2019.