State Street SPDR S&P Regional Banking ETF
209 hedge funds and large institutions have $1.68B invested in State Street SPDR S&P Regional Banking ETF in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 92 reducing their positions, and 70 closing their positions.
3.38% less ownership
Funds ownership: 87.51% → 84.13% (-3.4%)
17% less funds holding
Funds holding: 253 → 209 (-44)
30% less capital invested
Capital invested by funds: $2.4B → $1.68B (-$721M)
46% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 92
59% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 70
73% less call options, than puts
Call options by funds: $127M | Put options by funds: $471M
78% less funds holding in top 10
Funds holding in top 10: 9 → 2 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$131M |
| 2 |
Citigroup
New York
|
+$72.2M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$50.6M |
| 4 |
Goldman Sachs
New York
|
+$41.1M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$259M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$106M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$77.5M |
| 4 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
-$62.4M |
| 5 |
JP Morgan Chase
New York
|
-$35.5M |
KRE Hedge Fund Activity: Q1 2016 in Review
209 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2016, worth a combined $1.68B — down 30% from $2.4B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of KRE and 29 opened new positions — a net loss of 41 holders — while 92 trimmed existing stakes and 50 added.
The largest buyer was Credit Suisse, adding an estimated $131M. The largest seller was Morgan Stanley, cutting an estimated $259M.
- 209 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2016, down from 253 in Q4 2015.
- Funds reported $1.68B of State Street SPDR S&P Regional Banking ETF stock for Q1 2016, down 30% quarter-over-quarter.
- 29 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2016 and 70 closed out, a net change of -41 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2016 was Credit Suisse, an estimated $131M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2016 was Morgan Stanley, an estimated $259M sold.
Based on aggregated 13F filings for Q1 2016.