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State Street SPDR S&P Insurance ETF

118 hedge funds and large institutions have $477M invested in State Street SPDR S&P Insurance ETF in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 28 increasing their positions, 42 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more capital invested

Capital invested by funds: $323M → $477M (+$155M)

41% more call options, than puts

Call options by funds: $5.07M | Put options by funds: $3.6M

31.93% more ownership

Funds ownership: 71.37%103.3% (+32%)

8% less funds holding

Funds holding: 128118 (-10)

29% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 34

33% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 42

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
118
Holders Change
-10
Holders Change %
-7.81%
% of All Funds
1.85%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
28
Reduced
42
Closed
34
Calls
$5.07M
Puts
$3.6M
Net Calls
+$1.47M
Net Calls Change
-$1.94M
Name Holding Trade Value Shares
Change
Change in
Stake
KA
126
Kovack Advisors
Florida
-$686K -17,424 Closed
PAG
127
Private Advisor Group
New Jersey
-$653K -16,581 Closed
1832 Asset Management
128
1832 Asset Management
Ontario, Canada
-$462K -11,748 Closed
TSS
129
Two Sigma Securities
New York
-$455K -11,562 Closed
SG
130
StoneX Group
New York
-$431K -10,952 Closed
Truist Financial
131
Truist Financial
North Carolina
-$291K -7,392 Closed
HSBC Holdings
132
HSBC Holdings
United Kingdom
-$274K -7,000 Closed
LB
133
Leo Brokerage
Texas
-$260K -6,613 Closed
SAM
134
Secure Asset Management
Michigan
-$258K -6,566 Closed
KW
135
KWB Wealth
California
-$227K -5,537 Closed
CAN
136
Cetera Advisor Networks
California
-$208K -5,295 Closed
EH
137
Equitable Holdings
New York
-$202K -5,137 Closed
Bessemer Group
138
Bessemer Group
New Jersey
-$118K -3,000 Closed
BAM
139
Belpointe Asset Management
Nevada
-$104K -2,645 Closed
AP
140
Advisors Preferred
Maryland
-$40.4K -1,022 Closed
SIS
141
Sound Income Strategies
Florida
-$27.2K -690 Closed
AAS
142
Ameritas Advisory Services
Nebraska
-$26K -662 Closed
AWM
143
Accel Wealth Management
Iowa
-$19.3K -491 Closed
PTC
144
Private Trust Company
Ohio
-$16.9K -430 Closed
FHA
145
First Horizon Advisors
Tennessee
-$10.7K -271 Closed
BA
146
Bristlecone Advisors
Washington
-$5.98K -152 Closed
VWM
147
Venturi Wealth Management
Texas
-$3.84K -97 Closed
TAM
148
Tucker Asset Management
Colorado
-$3.74K -95 Closed
NFSG
149
Newbridge Financial Services Group
Florida
-$2.17K -55 Closed
CIM
150
Contravisory Investment Management
Massachusetts
-$1.93K -49 Closed

KIE Hedge Fund Activity: Q2 2023 in Review

118 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q2 2023, worth a combined $477M — up 48% from $323M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of KIE and 24 opened new positions — a net loss of 10 holders — while 42 trimmed existing stakes and 28 added.

The largest buyer was JP Morgan Chase, adding an estimated $91.8M. The largest seller was LPL Financial, cutting an estimated $13.2M.

  • 118 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q2 2023, down from 128 in Q1 2023.
  • Funds reported $477M of State Street SPDR S&P Insurance ETF stock for Q2 2023, up 48% quarter-over-quarter.
  • 24 funds opened new State Street SPDR S&P Insurance ETF positions in Q2 2023 and 34 closed out, a net change of -10 holders.
  • The largest State Street SPDR S&P Insurance ETF buyer in Q2 2023 was JP Morgan Chase, an estimated $91.8M added.
  • The largest State Street SPDR S&P Insurance ETF seller in Q2 2023 was LPL Financial, an estimated $13.2M sold.

Based on aggregated 13F filings for Q2 2023.