State Street SPDR S&P Insurance ETF
KIE
67 hedge funds and large institutions have $507M invested in State Street SPDR S&P Insurance ETF in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more capital invested
Capital invested by funds: $383M → $507M (+$125M)
18% more funds holding
Funds holding: 57 → 67 (+10)
22.91% less ownership
Funds ownership: 306.42% → 283.51% (-23%)
64% less call options, than puts
Call options by funds: $263K | Put options by funds: $722K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$46.4M |
| 2 |
Goldman Sachs
New York
|
+$27.8M |
| 3 |
Morgan Stanley
New York
|
+$20.4M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$16.6M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$9.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.76M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$2.55M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$766K |
| 5 |
SG Americas Securities
New York
|
-$682K |
KIE Hedge Fund Activity: Q3 2015 in Review
67 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2015, worth a combined $507M — up 33% from $383M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new KIE positions and 7 closed out — a net gain of 10 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $46.4M. The largest seller was Credit Suisse, cutting an estimated $8.76M.
- 67 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2015, up from 57 in Q2 2015.
- Funds reported $507M of State Street SPDR S&P Insurance ETF stock for Q3 2015, up 33% quarter-over-quarter.
- 17 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2015 and 7 closed out, a net change of +10 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2015 was Bank of Montreal, an estimated $46.4M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2015 was Credit Suisse, an estimated $8.76M sold.
Based on aggregated 13F filings for Q3 2015.