State Street SPDR S&P Capital Markets ETF
KCE
25 hedge funds and large institutions have $24M invested in State Street SPDR S&P Capital Markets ETF in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
14% more funds holding
Funds holding: 22 → 25 (+3)
12% more capital invested
Capital invested by funds: $21.5M → $24M (+$2.51M)
7.85% less ownership
Funds ownership: 29.18% → 21.33% (-7.9%)
24% less call options, than puts
Call options by funds: $1.94M | Put options by funds: $2.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.59M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.32M |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$603K |
| 4 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$512K |
| 5 |
FIG
FundX Investment Group
San Francisco,
California
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$748K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$545K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$478K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2M | -46,737 | Closed |
|
|
DS
27
DRW Securities
Chicago,
Illinois
| – | -$545K | -11,967 | Closed |
|
|
CCM
28
Condor Capital Management
Martinsville,
New Jersey
| – | -$423K | -9,898 | Closed |
|
|
SF
29
Synovus Financial
Columbus,
Georgia
| – | -$14K | -330 | Closed |
|
KCE Hedge Fund Activity: Q4 2013 in Review
25 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Capital Markets ETF (KCE) for Q4 2013, worth a combined $24M — up 12% from $21.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KCE positions and 4 closed out — a net gain of 3 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, opening a new position worth an estimated $2.59M. The largest seller was Credit Suisse, cutting an estimated $3.61M.
- 25 institutional investors held State Street SPDR S&P Capital Markets ETF (KCE) as of Q4 2013, up from 22 in Q3 2013.
- Funds reported $24M of State Street SPDR S&P Capital Markets ETF stock for Q4 2013, up 12% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P Capital Markets ETF positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P Capital Markets ETF buyer in Q4 2013 was LPL Financial, an estimated $2.59M added.
- The largest State Street SPDR S&P Capital Markets ETF seller in Q4 2013 was Credit Suisse, an estimated $3.61M sold.
Based on aggregated 13F filings for Q4 2013.