State Street SPDR S&P Capital Markets ETF
KCE
124 hedge funds and large institutions have $347M invested in State Street SPDR S&P Capital Markets ETF in 2025 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 21 closing their positions.
2,624% more call options, than puts
Call options by funds: $681K | Put options by funds: $25K
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
0.18% more ownership
Funds ownership: 71.19% → 71.37% (+0.18%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 131 → 124 (-7)
10% less capital invested
Capital invested by funds: $385M → $347M (-$38.5M)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.9M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$7.04M |
| 3 |
Morgan Stanley
New York
|
+$5.56M |
| 4 |
WWM
Whalen Wealth Management
Las Vegas,
Nevada
|
+$2.33M |
| 5 |
Jane Street
New York
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$13.1M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$7.43M |
| 3 |
Goldman Sachs
New York
|
-$6.02M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.92M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.77M |
KCE Hedge Fund Activity: Q1 2025 in Review
124 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Capital Markets ETF (KCE) for Q1 2025, worth a combined $347M — down 10% from $385M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of KCE and 16 opened new positions — a net loss of 5 holders — while 37 trimmed existing stakes and 45 added.
The largest buyer was Bank of America, adding an estimated $10.9M. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $13.1M sold.
- 124 institutional investors held State Street SPDR S&P Capital Markets ETF (KCE) as of Q1 2025, down from 131 in Q4 2024.
- Funds reported $347M of State Street SPDR S&P Capital Markets ETF stock for Q1 2025, down 10% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Capital Markets ETF positions in Q1 2025 and 21 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Capital Markets ETF buyer in Q1 2025 was Bank of America, an estimated $10.9M added.
- The largest State Street SPDR S&P Capital Markets ETF seller in Q1 2025 was Thrivent Financial for Lutherans, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2025.