State Street SPDR S&P Regional Banking ETF
200 hedge funds and large institutions have $2.13B invested in State Street SPDR S&P Regional Banking ETF in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 69 increasing their positions, 64 reducing their positions, and 39 closing their positions.
107% more call options, than puts
Call options by funds: $201M | Put options by funds: $97.5M
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
8% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 64
4% less funds holding
Funds holding: 208 → 200 (-8)
9.92% less ownership
Funds ownership: 91.93% → 82.01% (-9.9%)
15% less capital invested
Capital invested by funds: $2.51B → $2.13B (-$381M)
18% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$58.7M |
| 2 |
JP Morgan Chase
New York
|
+$44.9M |
| 3 |
Goldman Sachs
New York
|
+$38.2M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$24.6M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$151M |
| 2 |
Citigroup
New York
|
-$92.8M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$48.5M |
| 4 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$26.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$21.6M |
KRE Hedge Fund Activity: Q2 2014 in Review
200 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2014, worth a combined $2.13B — down 15% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of KRE and 32 opened new positions — a net loss of 7 holders — while 64 trimmed existing stakes and 69 added.
The largest buyer was Credit Suisse, adding an estimated $58.7M. The largest seller was Morgan Stanley, cutting an estimated $151M.
- 200 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2014, down from 208 in Q1 2014.
- Funds reported $2.13B of State Street SPDR S&P Regional Banking ETF stock for Q2 2014, down 15% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2014 and 39 closed out, a net change of -7 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2014 was Credit Suisse, an estimated $58.7M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2014 was Morgan Stanley, an estimated $151M sold.
Based on aggregated 13F filings for Q2 2014.