State Street SPDR S&P Regional Banking ETF
KRE
452 hedge funds and large institutions have $3.26B invested in State Street SPDR S&P Regional Banking ETF in 2023 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 121 increasing their positions, 171 reducing their positions, and 94 closing their positions.
0.41% less ownership
Funds ownership: 126.04% → 125.62% (-0.41%)
6% less funds holding
Funds holding: 480 → 452 (-28)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
12% less capital invested
Capital invested by funds: $3.72B → $3.26B (-$455M)
22% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 94
29% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 171
51% less call options, than puts
Call options by funds: $1.35B | Put options by funds: $2.74B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$143M |
| 2 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$63.9M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$49.9M |
| 4 |
Squarepoint
New York
|
+$36.7M |
| 5 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$154M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$154M |
| 3 |
JP Morgan Chase
New York
|
-$94.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$79.8M |
| 5 |
Morgan Stanley
New York
|
-$76.6M |
KRE Hedge Fund Activity: Q3 2023 in Review
452 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2023, worth a combined $3.26B — down 12% from $3.72B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of KRE and 73 opened new positions — a net loss of 21 holders — while 171 trimmed existing stakes and 121 added.
The largest buyer was Citigroup, adding an estimated $143M. The largest seller was UBS Group, cutting an estimated $154M.
- 452 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2023, down from 480 in Q2 2023.
- Funds reported $3.26B of State Street SPDR S&P Regional Banking ETF stock for Q3 2023, down 12% quarter-over-quarter.
- 73 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2023 and 94 closed out, a net change of -21 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2023 was Citigroup, an estimated $143M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2023 was UBS Group, an estimated $154M sold.
Based on aggregated 13F filings for Q3 2023.