State Street SPDR S&P Insurance ETF
KIE
102 hedge funds and large institutions have $721M invested in State Street SPDR S&P Insurance ETF in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
11% more call options, than puts
Call options by funds: $648K | Put options by funds: $586K
8% more capital invested
Capital invested by funds: $666M → $721M (+$55.6M)
7% more funds holding
Funds holding: 95 → 102 (+7)
2.31% more ownership
Funds ownership: 77.04% → 79.35% (+2.3%)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$57.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$9.31M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.34M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.73M |
| 5 |
AssetMark Inc
Concord,
California
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$12M |
| 2 |
HR
Howe & Rusling
Rochester,
New York
|
-$5.25M |
| 3 |
SG Americas Securities
New York
|
-$3.25M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.67M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.67M |
KIE Hedge Fund Activity: Q1 2018 in Review
102 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2018, worth a combined $721M — up 8.4% from $666M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KIE positions and 14 closed out — a net gain of 8 holders — while 27 added to existing stakes and 35 trimmed.
The largest buyer was Bank of America, adding an estimated $57.1M. The largest seller was New England Investment & Retirement Group, cutting an estimated $12M.
- 102 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2018, up from 95 in Q4 2017.
- Funds reported $721M of State Street SPDR S&P Insurance ETF stock for Q1 2018, up 8.4% quarter-over-quarter.
- 22 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2018 and 14 closed out, a net change of +8 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q1 2018 was Bank of America, an estimated $57.1M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q1 2018 was New England Investment & Retirement Group, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2018.