State Street SPDR S&P Insurance ETF
KIE
68 hedge funds and large institutions have $410M invested in State Street SPDR S&P Insurance ETF in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 32 reducing their positions, and 18 closing their positions.
392% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $256K
8.54% more ownership
Funds ownership: 254.55% → 263.09% (+8.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
11% less funds holding
Funds holding: 76 → 68 (-8)
15% less capital invested
Capital invested by funds: $483M → $410M (-$73.6M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
63% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.45M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.22M |
| 3 |
TSWM
Triangle Securities Wealth Management
Raleigh,
North Carolina
|
+$2.86M |
| 4 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$546K |
| 5 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$33.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.43M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$7.03M |
| 4 |
Goldman Sachs
New York
|
-$6.12M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.5M |
KIE Hedge Fund Activity: Q1 2016 in Review
68 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2016, worth a combined $410M — down 15% from $483M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of KIE and 11 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 12 added.
The largest buyer was Bank of America, adding an estimated $4.45M. The largest seller was Morgan Stanley, cutting an estimated $33.8M.
- 68 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2016, down from 76 in Q4 2015.
- Funds reported $410M of State Street SPDR S&P Insurance ETF stock for Q1 2016, down 15% quarter-over-quarter.
- 11 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2016 and 18 closed out, a net change of -7 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q1 2016 was Bank of America, an estimated $4.45M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q1 2016 was Morgan Stanley, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2016.