State Street SPDR S&P Regional Banking ETF
328 hedge funds and large institutions have $2.41B invested in State Street SPDR S&P Regional Banking ETF in 2019 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 51 increasing their positions, 160 reducing their positions, and 50 closing their positions.
5% less funds holding
Funds holding: 344 → 328 (-16)
9.25% less ownership
Funds ownership: 128.84% → 119.6% (-9.2%)
17% less capital invested
Capital invested by funds: $2.92B → $2.41B (-$505M)
26% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 50
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
68% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 160
72% less call options, than puts
Call options by funds: $449M | Put options by funds: $1.58B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$98.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$64.6M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$50.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.1M |
| 5 |
Barclays
London,
United Kingdom
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$216M |
| 2 |
JP Morgan Chase
New York
|
-$159M |
| 3 |
Citigroup
New York
|
-$120M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$47.4M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$39.2M |
KRE Hedge Fund Activity: Q3 2019 in Review
328 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2019, worth a combined $2.41B — down 17% from $2.92B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of KRE and 37 opened new positions — a net loss of 13 holders — while 160 trimmed existing stakes and 51 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $98.7M. The largest seller was Morgan Stanley, cutting an estimated $216M.
- 328 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2019, down from 344 in Q2 2019.
- Funds reported $2.41B of State Street SPDR S&P Regional Banking ETF stock for Q3 2019, down 17% quarter-over-quarter.
- 37 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2019 and 50 closed out, a net change of -13 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2019 was BNP Paribas Financial Markets, an estimated $98.7M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2019 was Morgan Stanley, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2019.