State Street SPDR S&P Insurance ETF
KIE
92 hedge funds and large institutions have $288M invested in State Street SPDR S&P Insurance ETF in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 28 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
23.71% more ownership
Funds ownership: 55.95% → 79.66% (+24%)
12% more funds holding
Funds holding: 82 → 92 (+10)
5% more capital invested
Capital invested by funds: $275M → $288M (+$12.4M)
29% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 28
33% less call options, than puts
Call options by funds: $658K | Put options by funds: $984K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$129M |
| 2 |
Morgan Stanley
New York
|
+$34.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.16M |
| 4 |
Goldman Sachs
New York
|
+$1.58M |
| 5 |
Millennium Management
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$204M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| 5 |
LPL Financial
San Diego,
California
|
-$819K |
KIE Hedge Fund Activity: Q4 2020 in Review
92 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q4 2020, worth a combined $288M — up 4.5% from $275M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new KIE positions and 9 closed out — a net gain of 11 holders — while 20 added to existing stakes and 28 trimmed.
The largest buyer was Factory Mutual Insurance, opening a new position worth an estimated $129M. The largest seller was Bank of America, cutting an estimated $204M.
- 92 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q4 2020, up from 82 in Q3 2020.
- Funds reported $288M of State Street SPDR S&P Insurance ETF stock for Q4 2020, up 4.5% quarter-over-quarter.
- 20 funds opened new State Street SPDR S&P Insurance ETF positions in Q4 2020 and 9 closed out, a net change of +11 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q4 2020 was Factory Mutual Insurance, an estimated $129M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q4 2020 was Bank of America, an estimated $204M sold.
Based on aggregated 13F filings for Q4 2020.