State Street SPDR S&P Insurance ETF
KIE
94 hedge funds and large institutions have $599M invested in State Street SPDR S&P Insurance ETF in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 24 reducing their positions, and 19 closing their positions.
70.17% more ownership
Funds ownership: 148.15% → 218.32% (+70%)
46% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 24
40% more capital invested
Capital invested by funds: $429M → $599M (+$170M)
24% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.51M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
3% less funds holding
Funds holding: 97 → 94 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$169M |
| 2 |
SG Americas Securities
New York
|
+$9.94M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$5.32M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$4.62M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$10.8M |
| 2 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$10.1M |
| 3 |
RCP
Rothschild Capital Partners
New York
|
-$4.69M |
| 4 |
Citigroup
New York
|
-$4.47M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$3.44M |
KIE Hedge Fund Activity: Q3 2017 in Review
94 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2017, worth a combined $599M — up 40% from $429M a quarter earlier.
Fund positioning in KIE was balanced in Q3 2017: 19 funds opened new positions, 19 closed out, 35 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $169M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $10.8M sold.
- 94 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2017, down from 97 in Q2 2017.
- Funds reported $599M of State Street SPDR S&P Insurance ETF stock for Q3 2017, up 40% quarter-over-quarter.
- 19 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2017 and 19 closed out, a net change of 0 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2017 was Bank of America, an estimated $169M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2017 was Brookstone Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2017.