State Street SPDR S&P Regional Banking ETF
325 hedge funds and large institutions have $3.14B invested in State Street SPDR S&P Regional Banking ETF in 2017 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 130 increasing their positions, 73 reducing their positions, and 64 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 73
20% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 64
11% more capital invested
Capital invested by funds: $2.84B → $3.14B (+$300M)
5.48% more ownership
Funds ownership: 81.02% → 86.5% (+5.5%)
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
2% more funds holding
Funds holding: 318 → 325 (+7)
65% less call options, than puts
Call options by funds: $292M | Put options by funds: $842M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$346M |
| 2 |
JP Morgan Chase
New York
|
+$71M |
| 3 |
Goldman Sachs
New York
|
+$60.3M |
| 4 |
GJL
Gendell Jeffrey L
|
+$46.6M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$38.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$98.6M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$83.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77.4M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$55.3M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$48.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNC
376
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$230K | -4,154 | Closed |
|
|
CCM
377
Check Capital Management
Costa Mesa,
California
| – | -$222K | -4,000 | Closed |
|
|
WG
378
Welch Group
Birmingham,
Alabama
| – | -$101K | -1,825 | Closed |
|
|
AA
379
Ancora Advisors
Cleveland,
Ohio
| – | -$80K | -1,438 | Closed |
|
|
TRCT
380
Tower Research Capital (TRC)
New York
| – | -$73K | -1,310 | Closed |
|
|
BC
381
Bartlett & Co
Cincinnati,
Ohio
| – | -$56K | -1,000 | Closed |
|
|
BCM
382
Bluefin Capital Management
New York
| – | -$44K | -800 | Closed |
|
|
MIM
383
Macroview Investment Management
Bethesda,
Maryland
| – | -$32K | -570 | Closed |
|
|
YWP
384
YorkBridge Wealth Partners
New York
| – | -$10K | -200 | Closed |
|
|
FTUS
385
Flow Traders U.S.
New York
| – | -$8K | -138 | Closed |
|
|
PFS
386
Physicians Financial Services
Raleigh,
North Carolina
| – | -$4K | -100 | Closed |
|
387
AssetMark Inc
Concord,
California
| – | -$2K | -41 | Closed |
|
|
AWMS
388
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$1K | -17 | Closed |
|
KRE Hedge Fund Activity: Q1 2017 in Review
325 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2017, worth a combined $3.14B — up 11% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new KRE positions and 64 closed out — a net gain of 13 holders — while 130 added to existing stakes and 73 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $346M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $98.6M sold.
- 325 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2017, up from 318 in Q4 2016.
- Funds reported $3.14B of State Street SPDR S&P Regional Banking ETF stock for Q1 2017, up 11% quarter-over-quarter.
- 77 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2017 and 64 closed out, a net change of +13 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2017 was Morgan Stanley, an estimated $346M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2017 was Discovery Capital Management, an estimated $98.6M sold.
Based on aggregated 13F filings for Q1 2017.