State Street SPDR S&P Bank ETF
277 hedge funds and large institutions have $1.62B invested in State Street SPDR S&P Bank ETF in 2021 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 99 increasing their positions, 67 reducing their positions, and 49 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 67
2.03% less ownership
Funds ownership: 50.2% → 48.17% (-2%)
2% less funds holding
Funds holding: 283 → 277 (-6)
10% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 49
16% less capital invested
Capital invested by funds: $1.93B → $1.62B (-$305M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less call options, than puts
Call options by funds: $147M | Put options by funds: $364M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$156M |
| 2 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$22.2M |
| 3 |
JP Morgan Chase
New York
|
+$21.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$15.8M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$332M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$103M |
| 3 |
PC
PointState Capital
New York
|
-$41.4M |
| 4 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$16.7M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$10.7M |
KBE Hedge Fund Activity: Q2 2021 in Review
277 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2021, worth a combined $1.62B — down 16% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of KBE and 44 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 99 added.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $156M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $332M sold.
- 277 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2021, down from 283 in Q1 2021.
- Funds reported $1.62B of State Street SPDR S&P Bank ETF stock for Q2 2021, down 16% quarter-over-quarter.
- 44 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2021 and 49 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2021 was AssetMark Inc, an estimated $156M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2021 was Migdal Insurance & Financial Holdings, an estimated $332M sold.
Based on aggregated 13F filings for Q2 2021.