State Street SPDR S&P Insurance ETF
KIE
132 hedge funds and large institutions have $501M invested in State Street SPDR S&P Insurance ETF in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
12% more funds holding
Funds holding: 118 → 132 (+14)
5% more capital invested
Capital invested by funds: $477M → $501M (+$23.4M)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
17.07% less ownership
Funds ownership: 103.3% → 86.23% (-17%)
71% less call options, than puts
Call options by funds: $366K | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$20.9M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$17.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.5M |
| 4 |
FFM
Fullerton Fund Management
Singapore
|
+$10.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$60.6M |
| 2 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
-$8.75M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$8.52M |
| 4 |
Goldman Sachs
New York
|
-$6.65M |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
-$4.31M |
KIE Hedge Fund Activity: Q3 2023 in Review
132 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q3 2023, worth a combined $501M — up 4.9% from $477M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new KIE positions and 20 closed out — a net gain of 14 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was Bank of America, adding an estimated $20.9M. The largest seller was Morgan Stanley, cutting an estimated $60.6M.
- 132 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q3 2023, up from 118 in Q2 2023.
- Funds reported $501M of State Street SPDR S&P Insurance ETF stock for Q3 2023, up 4.9% quarter-over-quarter.
- 34 funds opened new State Street SPDR S&P Insurance ETF positions in Q3 2023 and 20 closed out, a net change of +14 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q3 2023 was Bank of America, an estimated $20.9M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q3 2023 was Morgan Stanley, an estimated $60.6M sold.
Based on aggregated 13F filings for Q3 2023.