State Street SPDR S&P Bank ETF
220 hedge funds and large institutions have $1.02B invested in State Street SPDR S&P Bank ETF in 2019 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 49 increasing their positions, 68 reducing their positions, and 31 closing their positions.
90% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 31
13% more funds holding
Funds holding: 194 → 220 (+26)
10% more capital invested
Capital invested by funds: $926M → $1.02B (+$95.2M)
1.87% less ownership
Funds ownership: 57.96% → 56.1% (-1.9%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 68
89% less call options, than puts
Call options by funds: $27.4M | Put options by funds: $252M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.4M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$21.2M |
| 4 |
LPL Financial
San Diego,
California
|
+$10.9M |
| 5 |
Jane Street
New York
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$51.3M |
| 2 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$21.4M |
| 3 |
Barclays
London,
United Kingdom
|
-$10.4M |
| 4 |
JP Morgan Chase
New York
|
-$9.1M |
| 5 |
Goldman Sachs
New York
|
-$6.37M |
KBE Hedge Fund Activity: Q4 2019 in Review
220 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2019, worth a combined $1.02B — up 10% from $926M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new KBE positions and 31 closed out — a net gain of 28 holders — while 49 added to existing stakes and 68 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $40.9M. The largest seller was UBS Group, cutting an estimated $51.3M.
- 220 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2019, up from 194 in Q3 2019.
- Funds reported $1.02B of State Street SPDR S&P Bank ETF stock for Q4 2019, up 10% quarter-over-quarter.
- 59 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2019 and 31 closed out, a net change of +28 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2019 was Morgan Stanley, an estimated $40.9M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2019 was UBS Group, an estimated $51.3M sold.
Based on aggregated 13F filings for Q4 2019.