State Street SPDR S&P Insurance ETF
KIE
59 hedge funds and large institutions have $550M invested in State Street SPDR S&P Insurance ETF in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% less capital invested
Capital invested by funds: $554M → $550M (-$3.31M)
2% less funds holding
Funds holding: 60 → 59 (-1)
18.32% less ownership
Funds ownership: 288.33% → 270.01% (-18%)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
63% less call options, than puts
Call options by funds: $289K | Put options by funds: $778K
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$73.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$36.4M |
| 3 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$6.89M |
| 4 |
JP Morgan Chase
New York
|
+$3.26M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.23M |
Top Sellers
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$113M |
| 2 |
Morgan Stanley
New York
|
-$12.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.5M |
| 4 |
VF
Virtu Financial
New York
|
-$3.45M |
| 5 |
Goldman Sachs
New York
|
-$2.87M |
KIE Hedge Fund Activity: Q3 2016 in Review
59 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2016, worth a combined $550M — down 0.6% from $554M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KIE positions and 8 closed out — a net gain of 1 holder — while 15 added to existing stakes and 21 trimmed.
The largest buyer was Bank of America, adding an estimated $73.3M. The largest seller was Clal Insurance, exiting entirely with an estimated $113M sold.
- 59 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2016, down from 60 in Q2 2016.
- Funds reported $550M of State Street SPDR S&P Insurance ETF stock for Q3 2016, down 0.6% quarter-over-quarter.
- 9 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2016 and 8 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2016 was Bank of America, an estimated $73.3M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2016 was Clal Insurance, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2016.