State Street SPDR S&P Bank ETF
230 hedge funds and large institutions have $942M invested in State Street SPDR S&P Bank ETF in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 86 reducing their positions, and 40 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5.64% more ownership
Funds ownership: 49.25% → 54.89% (+5.6%)
1% less capital invested
Capital invested by funds: $951M → $942M (-$8.82M)
5% less funds holding
Funds holding: 243 → 230 (-13)
25% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 40
38% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 86
80% less call options, than puts
Call options by funds: $50.6M | Put options by funds: $248M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$72.5M |
| 2 |
Morgan Stanley
New York
|
+$41.3M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$10.8M |
| 4 |
Goldman Sachs
New York
|
+$9.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$68M |
| 2 |
LPL Financial
San Diego,
California
|
-$18.8M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$16.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15.7M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$15.2M |
KBE Hedge Fund Activity: Q4 2022 in Review
230 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q4 2022, worth a combined $942M — down 0.93% from $951M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of KBE and 30 opened new positions — a net loss of 10 holders — while 86 trimmed existing stakes and 53 added.
The largest buyer was Citigroup, adding an estimated $72.5M. The largest seller was JP Morgan Chase, cutting an estimated $68M.
- 230 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q4 2022, down from 243 in Q3 2022.
- Funds reported $942M of State Street SPDR S&P Bank ETF stock for Q4 2022, down 0.93% quarter-over-quarter.
- 30 funds opened new State Street SPDR S&P Bank ETF positions in Q4 2022 and 40 closed out, a net change of -10 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q4 2022 was Citigroup, an estimated $72.5M added.
- The largest State Street SPDR S&P Bank ETF seller in Q4 2022 was JP Morgan Chase, an estimated $68M sold.
Based on aggregated 13F filings for Q4 2022.