State Street SPDR S&P Regional Banking ETF
409 hedge funds and large institutions have $3.5B invested in State Street SPDR S&P Regional Banking ETF in 2017 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 135 increasing their positions, 109 reducing their positions, and 36 closing their positions.
214% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 36
44% more funds holding in top 10
Funds holding in top 10: 16 → 23 (+7)
25% more capital invested
Capital invested by funds: $2.81B → $3.5B (+$692M)
24% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 109
21% more funds holding
Funds holding: 337 → 409 (+72)
6% less call options, than puts
Call options by funds: $994M | Put options by funds: $1.06B
4.81% less ownership
Funds ownership: 84.39% → 79.58% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$152M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$138M |
| 3 |
CHP
Castle Hook Partners
New York
|
+$89.9M |
| 4 |
NM
Nokota Management
New York
|
+$82.6M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$135M |
| 2 |
Citigroup
New York
|
-$74.9M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$69.5M |
| 4 |
Morgan Stanley
New York
|
-$62M |
| 5 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$40.4M |
KRE Hedge Fund Activity: Q4 2017 in Review
409 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2017, worth a combined $3.5B — up 25% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new KRE positions and 36 closed out — a net gain of 77 holders — while 135 added to existing stakes and 109 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $152M. The largest seller was JP Morgan Chase, cutting an estimated $135M.
- 409 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2017, up from 337 in Q3 2017.
- Funds reported $3.5B of State Street SPDR S&P Regional Banking ETF stock for Q4 2017, up 25% quarter-over-quarter.
- 113 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2017 and 36 closed out, a net change of +77 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2017 was Goldman Sachs, an estimated $152M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2017 was JP Morgan Chase, an estimated $135M sold.
Based on aggregated 13F filings for Q4 2017.