State Street SPDR S&P Insurance ETF
KIE
100 hedge funds and large institutions have $593M invested in State Street SPDR S&P Insurance ETF in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 26 increasing their positions, 36 reducing their positions, and 21 closing their positions.
12% more capital invested
Capital invested by funds: $527M → $593M (+$65.3M)
5.01% more ownership
Funds ownership: 79.41% → 84.42% (+5%)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
4% less funds holding
Funds holding: 104 → 100 (-4)
28% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 36
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$17.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.12M |
| 3 |
Barclays
London,
United Kingdom
|
+$8.77M |
| 4 |
Citigroup
New York
|
+$6.1M |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$15.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.58M |
| 3 |
Morgan Stanley
New York
|
-$2.54M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$2.41M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.29M |
KIE Hedge Fund Activity: Q1 2019 in Review
100 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q1 2019, worth a combined $593M — up 12% from $527M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of KIE and 19 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 26 added.
The largest buyer was Factory Mutual Insurance, adding an estimated $17.8M. The largest seller was JP Morgan Chase, cutting an estimated $15.4M.
- 100 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q1 2019, down from 104 in Q4 2018.
- Funds reported $593M of State Street SPDR S&P Insurance ETF stock for Q1 2019, up 12% quarter-over-quarter.
- 19 funds opened new State Street SPDR S&P Insurance ETF positions in Q1 2019 and 21 closed out, a net change of -2 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q1 2019 was Factory Mutual Insurance, an estimated $17.8M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q1 2019 was JP Morgan Chase, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2019.