State Street SPDR S&P Regional Banking ETF
487 hedge funds and large institutions have $3.91B invested in State Street SPDR S&P Regional Banking ETF in 2023 Q1 according to their latest regulatory filings, with 142 funds opening new positions, 161 increasing their positions, 116 reducing their positions, and 92 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
54% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 92
39% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 116
23% more capital invested
Capital invested by funds: $3.19B → $3.91B (+$724M)
15.65% more ownership
Funds ownership: 115.7% → 131.35% (+16%)
9% more funds holding
Funds holding: 447 → 487 (+40)
34% less call options, than puts
Call options by funds: $2.66B | Put options by funds: $4.02B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$203M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$169M |
| 3 |
Goldman Sachs
New York
|
+$146M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$137M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$90.1M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$56.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$48.5M |
| 4 |
SC
Sculptor Capital
New York
|
-$25.4M |
| 5 |
JP Morgan Chase
New York
|
-$23.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
576
Family Asset Management
Charleston,
South Carolina
| – | -$2.94K | -50 | Closed |
|
577
BlackRock
New York
| – | -$2.33K | -41 | Closed |
|
|
PIMG
578
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$1.71K | -28 | Closed |
|
|
CT
579
Cambridge Trust
Cambridge,
Massachusetts
| – | -$1K | -17 | Closed |
|
|
PMFA
580
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$529 | -9 | Closed |
|
|
ECM
581
ExodusPoint Capital Management
New York
| – | +$454 | +8 | New |
|
KRE Hedge Fund Activity: Q1 2023 in Review
487 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2023, worth a combined $3.91B — up 23% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new KRE positions and 92 closed out — a net gain of 50 holders — while 161 added to existing stakes and 116 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $203M. The largest seller was UBS Group, cutting an estimated $90.1M.
- 487 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2023, up from 447 in Q4 2022.
- Funds reported $3.91B of State Street SPDR S&P Regional Banking ETF stock for Q1 2023, up 23% quarter-over-quarter.
- 142 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2023 and 92 closed out, a net change of +50 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2023 was Morgan Stanley, an estimated $203M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2023 was UBS Group, an estimated $90.1M sold.
Based on aggregated 13F filings for Q1 2023.