State Street SPDR S&P Insurance ETF
KIE
57 hedge funds and large institutions have $383M invested in State Street SPDR S&P Insurance ETF in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
14% more capital invested
Capital invested by funds: $336M → $383M (+$46.7M)
8% more funds holding
Funds holding: 53 → 57 (+4)
23.62% less ownership
Funds ownership: 330.04% → 306.42% (-24%)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $347K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$29.5M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$18.2M |
| 3 |
Morgan Stanley
New York
|
+$11.4M |
| 4 |
Citigroup
New York
|
+$6.76M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
-$13.8M |
| 2 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$10.4M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$4.44M |
| 4 |
Jane Street
New York
|
-$2.62M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.38M |
KIE Hedge Fund Activity: Q2 2015 in Review
57 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q2 2015, worth a combined $383M — up 14% from $336M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new KIE positions and 6 closed out — a net gain of 5 holders — while 14 added to existing stakes and 19 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $29.5M. The largest seller was New York State Common Retirement Fund, cutting an estimated $13.8M.
- 57 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q2 2015, up from 53 in Q1 2015.
- Funds reported $383M of State Street SPDR S&P Insurance ETF stock for Q2 2015, up 14% quarter-over-quarter.
- 11 funds opened new State Street SPDR S&P Insurance ETF positions in Q2 2015 and 6 closed out, a net change of +5 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q2 2015 was Bank of Montreal, an estimated $29.5M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q2 2015 was New York State Common Retirement Fund, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2015.