State Street SPDR S&P Insurance ETF
KIE
86 hedge funds and large institutions have $340M invested in State Street SPDR S&P Insurance ETF in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 18 increasing their positions, 35 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3.48% less ownership
Funds ownership: 63.61% → 60.13% (-3.5%)
10% less funds holding
Funds holding: 96 → 86 (-10)
11% less call options, than puts
Call options by funds: $252K | Put options by funds: $283K
13% less capital invested
Capital invested by funds: $390M → $340M (-$50.4M)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
49% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.96M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.58M |
| 4 |
SWM
Segment Wealth Management
Houston,
Texas
|
+$4.18M |
| 5 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$87.5M |
| 2 |
Morgan Stanley
New York
|
-$16.4M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$3.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.45M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$2.34M |
KIE Hedge Fund Activity: Q2 2020 in Review
86 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q2 2020, worth a combined $340M — down 13% from $390M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of KIE and 16 opened new positions — a net loss of 10 holders — while 35 trimmed existing stakes and 18 added.
The largest buyer was Raymond James & Associates, adding an estimated $10.2M. The largest seller was Bank of America, cutting an estimated $87.5M.
- 86 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q2 2020, down from 96 in Q1 2020.
- Funds reported $340M of State Street SPDR S&P Insurance ETF stock for Q2 2020, down 13% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Insurance ETF positions in Q2 2020 and 26 closed out, a net change of -10 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q2 2020 was Raymond James & Associates, an estimated $10.2M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q2 2020 was Bank of America, an estimated $87.5M sold.
Based on aggregated 13F filings for Q2 2020.