State Street SPDR S&P Insurance ETF
KIE
82 hedge funds and large institutions have $275M invested in State Street SPDR S&P Insurance ETF in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 18 closing their positions.
4.18% less ownership
Funds ownership: 60.13% → 55.95% (-4.2%)
5% less funds holding
Funds holding: 86 → 82 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
19% less capital invested
Capital invested by funds: $340M → $275M (-$64.4M)
43% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 28
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$3.74M |
| 2 |
Goldman Sachs
New York
|
+$671K |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$565K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$539K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$37.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.98M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.53M |
| 5 |
SWM
Segment Wealth Management
Houston,
Texas
|
-$4.31M |
KIE Hedge Fund Activity: Q3 2020 in Review
82 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2020, worth a combined $275M — down 19% from $340M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of KIE and 16 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 16 added.
The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $3.74M. The largest seller was Bank of America, cutting an estimated $37.8M.
- 82 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2020, down from 86 in Q2 2020.
- Funds reported $275M of State Street SPDR S&P Insurance ETF stock for Q3 2020, down 19% quarter-over-quarter.
- 16 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2020 and 18 closed out, a net change of -2 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2020 was Mercer Global Advisors, an estimated $3.74M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2020 was Bank of America, an estimated $37.8M sold.
Based on aggregated 13F filings for Q3 2020.