State Street SPDR S&P Insurance ETF
KIE
76 hedge funds and large institutions have $483M invested in State Street SPDR S&P Insurance ETF in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
13% more funds holding
Funds holding: 67 → 76 (+9)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $507M → $483M (-$23.8M)
28.97% less ownership
Funds ownership: 283.51% → 254.55% (-29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$50.4M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$16.6M |
| 3 |
Morgan Stanley
New York
|
+$6.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.66M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$92M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$77.1M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$13.5M |
| 4 |
Citigroup
New York
|
-$7.02M |
| 5 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$6.45M |
KIE Hedge Fund Activity: Q4 2015 in Review
76 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q4 2015, worth a combined $483M — down 4.7% from $507M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new KIE positions and 11 closed out — a net gain of 10 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Credit Suisse, adding an estimated $50.4M. The largest seller was Goldman Sachs, cutting an estimated $92M.
- 76 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q4 2015, up from 67 in Q3 2015.
- Funds reported $483M of State Street SPDR S&P Insurance ETF stock for Q4 2015, down 4.7% quarter-over-quarter.
- 21 funds opened new State Street SPDR S&P Insurance ETF positions in Q4 2015 and 11 closed out, a net change of +10 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q4 2015 was Credit Suisse, an estimated $50.4M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q4 2015 was Goldman Sachs, an estimated $92M sold.
Based on aggregated 13F filings for Q4 2015.