State Street SPDR S&P Insurance ETF
KIE
95 hedge funds and large institutions have $636M invested in State Street SPDR S&P Insurance ETF in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
214% more call options, than puts
Call options by funds: $946K | Put options by funds: $301K
23% more funds holding
Funds holding: 77 → 95 (+18)
22% more capital invested
Capital invested by funds: $523M → $636M (+$113M)
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
0.57% more ownership
Funds ownership: 183.64% → 184.21% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$90.6M |
| 2 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$23.3M |
| 3 |
HR
Howe & Rusling
Rochester,
New York
|
+$4.91M |
| 4 |
Goldman Sachs
New York
|
+$4.27M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.29M |
| 3 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$6.57M |
| 4 |
Citigroup
New York
|
-$5.33M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$4.16M |
KIE Hedge Fund Activity: Q1 2017 in Review
95 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2017, worth a combined $636M — up 22% from $523M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KIE positions and 8 closed out — a net gain of 20 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $90.6M. The largest seller was Bank of Montreal, cutting an estimated $25.6M.
- 95 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2017, up from 77 in Q4 2016.
- Funds reported $636M of State Street SPDR S&P Insurance ETF stock for Q1 2017, up 22% quarter-over-quarter.
- 28 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2017 and 8 closed out, a net change of +20 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q1 2017 was AssetMark Inc, an estimated $90.6M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q1 2017 was Bank of Montreal, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2017.