State Street SPDR S&P Insurance ETF
KIE
52 hedge funds and large institutions have $231M invested in State Street SPDR S&P Insurance ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 9 closing their positions.
39% more call options, than puts
Call options by funds: $315K | Put options by funds: $227K
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 51 → 52 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
12% less capital invested
Capital invested by funds: $262M → $231M (-$30.4M)
37.42% less ownership
Funds ownership: 287.86% → 250.44% (-37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$50.3M |
| 2 |
Morgan Stanley
New York
|
+$6.8M |
| 3 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$6.1M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.25M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$77.9M |
| 2 |
Citigroup
New York
|
-$25.4M |
| 3 |
SG Americas Securities
New York
|
-$1.83M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1.38M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$978K |
KIE Hedge Fund Activity: Q3 2014 in Review
52 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2014, worth a combined $231M — down 12% from $262M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KIE positions and 9 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $50.3M. The largest seller was Credit Suisse, exiting entirely with an estimated $77.9M sold.
- 52 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2014, up from 51 in Q2 2014.
- Funds reported $231M of State Street SPDR S&P Insurance ETF stock for Q3 2014, down 12% quarter-over-quarter.
- 10 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2014 and 9 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2014 was Goldman Sachs, an estimated $50.3M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2014 was Credit Suisse, an estimated $77.9M sold.
Based on aggregated 13F filings for Q3 2014.