We are live on ! Find out more
KBE icon

State Street SPDR S&P Bank ETF

163 hedge funds and large institutions have $709M invested in State Street SPDR S&P Bank ETF in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.68% more ownership

Funds ownership: 58.64%60.32% (+1.7%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

8% less capital invested

Capital invested by funds: $775M → $709M (-$65.1M)

12% less funds holding

Funds holding: 186163 (-23)

13% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 54

43% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 51

56% less call options, than puts

Call options by funds: $121M | Put options by funds: $274M

Holders
163
Holders Change
-23
Holders Change %
-12.37%
% of All Funds
3.29%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
29
Increased
47
Reduced
54
Closed
51
Calls
$121M
Puts
$274M
Net Calls
-$153M
Net Calls Change
-$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$104M -$9.57M -307,475 -8%
Morgan Stanley
2
Morgan Stanley
New York
$85.8M +$33.2M +1,068,171 +58%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$58M +$12.5M +401,672 +26%
Bank of America
4
Bank of America
North Carolina
$46.6M -$37.4M -1,201,947 -43%
EC
5
EJF Capital
Virginia
$44.2M +$46.7M +1,500,000 New
MTWSIF
6
Mivtachim The Workers Social Insurance Fund
Israel
$40.7M
Barclays
7
Barclays
United Kingdom
$32.7M +$8.29M +266,574 +32%
PCIG
8
Partners Capital Investment Group
Massachusetts
$30.4M +$32.1M +1,030,772 New
UBS Group
9
UBS Group
Switzerland
$29.5M +$1.5M +48,099 +5%
CS
10
Credit Suisse
Switzerland
$20.3M +$6.95M +223,315 +48%
JP Morgan Chase
11
JP Morgan Chase
New York
$17.7M -$7.87M -252,884 -29%
PI
12
PEAK6 Investments
Illinois
$14.6M +$2.73M +87,652 +21%
APF
13
Alaska Permanent Fund
Alaska
$13.3M +$4.64M +149,000 +50%
HSBC Holdings
14
HSBC Holdings
United Kingdom
$12.3M -$4.15M -133,399 -24%
CC
15
Centiva Capital
New York
$10.7M +$9.82M +315,700 +666%
Twin Tree Management
16
Twin Tree Management
Texas
$10.3M +$7.18M +230,850 +197%
ACI
17
AMP Capital Investors
Australia
$8.74M -$5.4M -173,559 -37%
WBG
18
Wharton Business Group
Pennsylvania
$8.49M -$1.9M -61,141 -17%
Citigroup
19
Citigroup
New York
$6.94M -$38.7M -1,244,239 -84%
LPL Financial
20
LPL Financial
California
$6.55M -$127K -4,095 -2%
MS
21
Marshall & Sullivan
Washington
$6.34M -$1.05M -33,697 -14%
Wells Fargo
22
Wells Fargo
California
$5.94M -$228K -7,337 -4%
Parallax Volatility Advisers
23
Parallax Volatility Advisers
California
$5.67M +$1.79M +57,573 +43%
Citadel Advisors
24
Citadel Advisors
Florida
$5.03M -$3.87M -124,481 -42%
Ameriprise
25
Ameriprise
Minnesota
$4.82M +$3.02M +97,129 +147%

KBE Hedge Fund Activity: Q3 2020 in Review

163 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q3 2020, worth a combined $709M — down 8.4% from $775M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of KBE and 29 opened new positions — a net loss of 22 holders — while 54 trimmed existing stakes and 47 added.

The largest buyer was EJF Capital, opening a new position worth an estimated $46.7M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $58M sold.

  • 163 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q3 2020, down from 186 in Q2 2020.
  • Funds reported $709M of State Street SPDR S&P Bank ETF stock for Q3 2020, down 8.4% quarter-over-quarter.
  • 29 funds opened new State Street SPDR S&P Bank ETF positions in Q3 2020 and 51 closed out, a net change of -22 holders.
  • The largest State Street SPDR S&P Bank ETF buyer in Q3 2020 was EJF Capital, an estimated $46.7M added.
  • The largest State Street SPDR S&P Bank ETF seller in Q3 2020 was Migdal Insurance & Financial Holdings, an estimated $58M sold.

Based on aggregated 13F filings for Q3 2020.