State Street SPDR S&P Insurance ETF
KIE
92 hedge funds and large institutions have $589M invested in State Street SPDR S&P Insurance ETF in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 36 reducing their positions, and 21 closing their positions.
3.34% more ownership
Funds ownership: 79.35% → 82.69% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more call options, than puts
Call options by funds: $819K | Put options by funds: $819K
10% less funds holding
Funds holding: 102 → 92 (-10)
18% less capital invested
Capital invested by funds: $721M → $589M (-$132M)
19% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 36
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$30.9M |
| 2 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$12.3M |
| 3 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
+$6.24M |
| 4 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$3.79M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$69.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$40M |
| 3 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$21.7M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.31M |
| 5 |
AL
Arnhold LLC
New York
|
-$4.34M |
KIE Hedge Fund Activity: Q2 2018 in Review
92 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q2 2018, worth a combined $589M — down 18% from $721M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of KIE and 12 opened new positions — a net loss of 9 holders — while 36 trimmed existing stakes and 29 added.
The largest buyer was JP Morgan Chase, adding an estimated $30.9M. The largest seller was AssetMark Inc, cutting an estimated $69.7M.
- 92 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q2 2018, down from 102 in Q1 2018.
- Funds reported $589M of State Street SPDR S&P Insurance ETF stock for Q2 2018, down 18% quarter-over-quarter.
- 12 funds opened new State Street SPDR S&P Insurance ETF positions in Q2 2018 and 21 closed out, a net change of -9 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q2 2018 was JP Morgan Chase, an estimated $30.9M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q2 2018 was AssetMark Inc, an estimated $69.7M sold.
Based on aggregated 13F filings for Q2 2018.