State Street SPDR S&P Capital Markets ETF
KCE
22 hedge funds and large institutions have $25.5M invested in State Street SPDR S&P Capital Markets ETF in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 7 closing their positions.
3.76% less ownership
Funds ownership: 17.35% → 13.6% (-3.8%)
15% less funds holding
Funds holding: 26 → 22 (-4)
26% less capital invested
Capital invested by funds: $34.6M → $25.5M (-$9.15M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIP
DT Investment Partners
Chadds Ford,
Pennsylvania
|
+$364K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$325K |
| 3 |
SG Americas Securities
New York
|
+$46.5K |
| 4 |
ST
Spinnaker Trust
Portland,
Maine
|
+$21.8K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.49M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.97M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$843K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$588K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$496K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$425K | -8,638 | Closed |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -30 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -22 | Closed |
|
KCE Hedge Fund Activity: Q3 2014 in Review
22 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Capital Markets ETF (KCE) for Q3 2014, worth a combined $25.5M — down 26% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KCE and 3 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was DT Investment Partners, opening a new position worth an estimated $364K. The largest seller was Credit Suisse, cutting an estimated $3.49M.
- 22 institutional investors held State Street SPDR S&P Capital Markets ETF (KCE) as of Q3 2014, down from 26 in Q2 2014.
- Funds reported $25.5M of State Street SPDR S&P Capital Markets ETF stock for Q3 2014, down 26% quarter-over-quarter.
- 3 funds opened new State Street SPDR S&P Capital Markets ETF positions in Q3 2014 and 7 closed out, a net change of -4 holders.
- The largest State Street SPDR S&P Capital Markets ETF buyer in Q3 2014 was DT Investment Partners, an estimated $364K added.
- The largest State Street SPDR S&P Capital Markets ETF seller in Q3 2014 was Credit Suisse, an estimated $3.49M sold.
Based on aggregated 13F filings for Q3 2014.