State Street SPDR S&P Bank ETF
257 hedge funds and large institutions have $1.1B invested in State Street SPDR S&P Bank ETF in 2022 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 68 increasing their positions, 92 reducing their positions, and 63 closing their positions.
7.49% more ownership
Funds ownership: 44.36% → 51.85% (+7.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 299 → 257 (-42)
16% less capital invested
Capital invested by funds: $1.3B → $1.1B (-$205M)
26% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 92
63% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 63
64% less call options, than puts
Call options by funds: $26.6M | Put options by funds: $74.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$110M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$15M |
| 3 |
Citigroup
New York
|
+$13.5M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$11.5M |
| 5 |
CSPIA
Cary Street Partners Investment Advisory
Richmond,
Virginia
|
+$6.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$35.5M |
| 2 |
Morgan Stanley
New York
|
-$34.9M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
-$14.2M |
| 4 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$11.3M |
| 5 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$8.82M |
KBE Hedge Fund Activity: Q2 2022 in Review
257 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2022, worth a combined $1.1B — down 16% from $1.3B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of KBE and 23 opened new positions — a net loss of 40 holders — while 92 trimmed existing stakes and 68 added.
The largest buyer was JP Morgan Chase, adding an estimated $110M. The largest seller was Mivtachim The Workers Social Insurance Fund, exiting entirely with an estimated $35.5M sold.
- 257 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2022, down from 299 in Q1 2022.
- Funds reported $1.1B of State Street SPDR S&P Bank ETF stock for Q2 2022, down 16% quarter-over-quarter.
- 23 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2022 and 63 closed out, a net change of -40 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2022 was JP Morgan Chase, an estimated $110M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2022 was Mivtachim The Workers Social Insurance Fund, an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2022.