State Street SPDR S&P Regional Banking ETF
238 hedge funds and large institutions have $2.4B invested in State Street SPDR S&P Regional Banking ETF in 2015 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 83 increasing their positions, 51 reducing their positions, and 22 closing their positions.
205% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 22
63% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 51
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
21% more funds holding
Funds holding: 196 → 238 (+42)
3% less capital invested
Capital invested by funds: $2.47B → $2.4B (-$69.5M)
49.51% less ownership
Funds ownership: 139.88% → 90.36% (-50%)
63% less call options, than puts
Call options by funds: $138M | Put options by funds: $377M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$35.5M |
| 2 |
TAM
Tiverton Asset Management
Wilimington,
Delaware
|
+$34M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$32.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$32.1M |
| 5 |
Goldman Sachs
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$273M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$64M |
| 3 |
Citigroup
New York
|
-$50.7M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$43.7M |
| 5 |
Barclays
London,
United Kingdom
|
-$35.2M |
KRE Hedge Fund Activity: Q2 2015 in Review
238 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2015, worth a combined $2.4B — down 2.8% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new KRE positions and 22 closed out — a net gain of 45 holders — while 83 added to existing stakes and 51 trimmed.
The largest buyer was Bank of America, adding an estimated $35.5M. The largest seller was Morgan Stanley, cutting an estimated $273M.
- 238 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2015, up from 196 in Q1 2015.
- Funds reported $2.4B of State Street SPDR S&P Regional Banking ETF stock for Q2 2015, down 2.8% quarter-over-quarter.
- 67 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2015 and 22 closed out, a net change of +45 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2015 was Bank of America, an estimated $35.5M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2015 was Morgan Stanley, an estimated $273M sold.
Based on aggregated 13F filings for Q2 2015.