State Street SPDR S&P Bank ETF
186 hedge funds and large institutions have $775M invested in State Street SPDR S&P Bank ETF in 2020 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 52 increasing their positions, 55 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
45% more capital invested
Capital invested by funds: $535M → $775M (+$240M)
9% more funds holding
Funds holding: 170 → 186 (+16)
3.28% more ownership
Funds ownership: 55.36% → 58.64% (+3.3%)
5% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 55
64% less call options, than puts
Call options by funds: $80.3M | Put options by funds: $223M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$55.5M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$16.6M |
| 3 |
Citigroup
New York
|
+$16.4M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$12.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$12M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.01M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.27M |
| 4 |
Goldman Sachs
New York
|
-$3.68M |
| 5 |
Barclays
London,
United Kingdom
|
-$3.42M |
KBE Hedge Fund Activity: Q2 2020 in Review
186 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2020, worth a combined $775M — up 45% from $535M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new KBE positions and 28 closed out — a net gain of 16 holders — while 52 added to existing stakes and 55 trimmed.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $55.5M. The largest seller was Mivtachim The Workers Social Insurance Fund, cutting an estimated $12M.
- 186 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2020, up from 170 in Q1 2020.
- Funds reported $775M of State Street SPDR S&P Bank ETF stock for Q2 2020, up 45% quarter-over-quarter.
- 44 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2020 and 28 closed out, a net change of +16 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2020 was Migdal Insurance & Financial Holdings, an estimated $55.5M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2020 was Mivtachim The Workers Social Insurance Fund, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2020.