State Street SPDR S&P Insurance ETF
KIE
65 hedge funds and large institutions have $382M invested in State Street SPDR S&P Insurance ETF in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 7 closing their positions.
441% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $252K
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more funds holding
Funds holding: 56 → 65 (+9)
8% more capital invested
Capital invested by funds: $353M → $382M (+$29M)
65.01% less ownership
Funds ownership: 300.81% → 235.8% (-65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$7.63M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$4.57M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$983K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$57.4M |
| 2 |
Barclays
London,
United Kingdom
|
-$11.1M |
| 3 |
JP Morgan Chase
New York
|
-$8.51M |
| 4 |
SG Americas Securities
New York
|
-$3.78M |
| 5 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
-$2.05M |
KIE Hedge Fund Activity: Q4 2013 in Review
65 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q4 2013, worth a combined $382M — up 8.2% from $353M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new KIE positions and 7 closed out — a net gain of 9 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $20.8M. The largest seller was Citigroup, cutting an estimated $57.4M.
- 65 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q4 2013, up from 56 in Q3 2013.
- Funds reported $382M of State Street SPDR S&P Insurance ETF stock for Q4 2013, up 8.2% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Insurance ETF positions in Q4 2013 and 7 closed out, a net change of +9 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q4 2013 was Fidelity Investments, an estimated $20.8M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q4 2013 was Citigroup, an estimated $57.4M sold.
Based on aggregated 13F filings for Q4 2013.