State Street SPDR S&P Insurance ETF
KIE
51 hedge funds and large institutions have $262M invested in State Street SPDR S&P Insurance ETF in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 10 closing their positions.
883% more call options, than puts
Call options by funds: $2.71M | Put options by funds: $276K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 54 → 51 (-3)
10% less capital invested
Capital invested by funds: $290M → $262M (-$28.8M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
34.74% less ownership
Funds ownership: 322.6% → 287.86% (-35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$22.9M |
| 2 |
SG Americas Securities
New York
|
+$1.62M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.07M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$590K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$37.6M |
| 2 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$6.45M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$4.8M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.7M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$3.71M |
KIE Hedge Fund Activity: Q2 2014 in Review
51 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q2 2014, worth a combined $262M — down 9.9% from $290M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KIE and 7 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 14 added.
The largest buyer was Credit Suisse, adding an estimated $22.9M. The largest seller was Citigroup, cutting an estimated $37.6M.
- 51 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q2 2014, down from 54 in Q1 2014.
- Funds reported $262M of State Street SPDR S&P Insurance ETF stock for Q2 2014, down 9.9% quarter-over-quarter.
- 7 funds opened new State Street SPDR S&P Insurance ETF positions in Q2 2014 and 10 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q2 2014 was Credit Suisse, an estimated $22.9M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q2 2014 was Citigroup, an estimated $37.6M sold.
Based on aggregated 13F filings for Q2 2014.