State Street SPDR S&P Bank ETF
212 hedge funds and large institutions have $621M invested in State Street SPDR S&P Bank ETF in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 71 reducing their positions, and 29 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.89% more ownership
Funds ownership: 40.33% → 43.22% (+2.9%)
3% less capital invested
Capital invested by funds: $642M → $621M (-$21.6M)
3% less funds holding
Funds holding: 218 → 212 (-6)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
25% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 71
43% less call options, than puts
Call options by funds: $33.4M | Put options by funds: $58.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$58.1M |
| 2 |
Two Sigma Investments
New York
|
+$22.5M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$8.83M |
| 4 |
Citigroup
New York
|
+$7.08M |
| 5 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$18.1M |
| 2 |
Goldman Sachs
New York
|
-$14.7M |
| 3 |
Squarepoint
New York
|
-$13.4M |
| 4 |
D.E. Shaw & Co
New York
|
-$13M |
| 5 |
Millennium Management
New York
|
-$10.1M |
KBE Hedge Fund Activity: Q2 2024 in Review
212 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Bank ETF (KBE) for Q2 2024, worth a combined $621M — down 3.4% from $642M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of KBE and 26 opened new positions — a net loss of 3 holders — while 71 trimmed existing stakes and 53 added.
The largest buyer was AssetMark Inc, adding an estimated $58.1M. The largest seller was Flagship Harbor Advisors, exiting entirely with an estimated $18.1M sold.
- 212 institutional investors held State Street SPDR S&P Bank ETF (KBE) as of Q2 2024, down from 218 in Q1 2024.
- Funds reported $621M of State Street SPDR S&P Bank ETF stock for Q2 2024, down 3.4% quarter-over-quarter.
- 26 funds opened new State Street SPDR S&P Bank ETF positions in Q2 2024 and 29 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Bank ETF buyer in Q2 2024 was AssetMark Inc, an estimated $58.1M added.
- The largest State Street SPDR S&P Bank ETF seller in Q2 2024 was Flagship Harbor Advisors, an estimated $18.1M sold.
Based on aggregated 13F filings for Q2 2024.