State Street SPDR S&P Insurance ETF
KIE
58 hedge funds and large institutions have $303M invested in State Street SPDR S&P Insurance ETF in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
31% more capital invested
Capital invested by funds: $231M → $303M (+$71.8M)
12% more funds holding
Funds holding: 52 → 58 (+6)
9.2% more ownership
Funds ownership: 250.44% → 259.64% (+9.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15% less call options, than puts
Call options by funds: $540K | Put options by funds: $639K
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10.7M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.25M |
| 3 |
Jane Street
New York
|
+$2.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.66M |
| 5 |
Goldman Sachs
New York
|
+$1.38M |
Top Sellers
| 1 |
Citigroup
New York
|
-$13M |
| 2 |
JP Morgan Chase
New York
|
-$6.3M |
| 3 |
Morgan Stanley
New York
|
-$5.87M |
| 4 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$5.36M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
51
New England Securities
New York
| $5K | – | – | – |
|
|
WF
52
WealthTrust Fairport
Cleveland,
Ohio
| $4K | – | – | – |
|
|
PMFA
53
Plante Moran Financial Advisors
Southfield,
Michigan
| $3K | +$2.47K | +114 | New |
|
|
TFA
54
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | +$2.66K | +123 | +4,100% |
|
|
HR
55
Howe & Rusling
Rochester,
New York
| $1K | -$5.2K | -240 | -82% |
|
|
WEC
56
Winslow Evans & Crocker
Boston,
Massachusetts
| $868 | – | – | – |
|
|
BRWA
57
B. Riley Wealth Advisors
Boca Raton,
Florida
| $13 | +$13.1K | +603 | New |
|
|
58
JP Morgan Chase
New York
| – | -$6.3M | -300,000 | Closed |
|
|
59
New York State Common Retirement Fund
Albany,
New York
| – | -$5.19M | -247,500 | Closed |
|
60
BNP Paribas Financial Markets
Paris,
France
| – | -$4.72M | -225,000 | Closed |
|
|
NFG
61
Next Financial Group
Houston,
Texas
| – | -$78K | -3,714 | Closed |
|
62
Ameriprise
Minneapolis,
Minnesota
| – | -$42K | -2,010 | Closed |
|
63
Barclays
London,
United Kingdom
| – | -$10K | -471 | Closed |
|
|
PAG
64
Private Advisor Group
Morristown,
New Jersey
| – | -$1K | -66 | Closed |
|
KIE Hedge Fund Activity: Q4 2014 in Review
58 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q4 2014, worth a combined $303M — up 31% from $231M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KIE positions and 7 closed out — a net gain of 7 holders — while 13 added to existing stakes and 19 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $10.7M. The largest seller was Citigroup, cutting an estimated $13M.
- 58 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q4 2014, up from 52 in Q3 2014.
- Funds reported $303M of State Street SPDR S&P Insurance ETF stock for Q4 2014, up 31% quarter-over-quarter.
- 14 funds opened new State Street SPDR S&P Insurance ETF positions in Q4 2014 and 7 closed out, a net change of +7 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q4 2014 was Credit Suisse, an estimated $10.7M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q4 2014 was Citigroup, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2014.