State Street SPDR S&P Regional Banking ETF
344 hedge funds and large institutions have $2.92B invested in State Street SPDR S&P Regional Banking ETF in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 57 increasing their positions, 170 reducing their positions, and 59 closing their positions.
7% less funds holding
Funds holding: 368 → 344 (-24)
10% less capital invested
Capital invested by funds: $3.25B → $2.92B (-$335M)
13% less ownership
Funds ownership: 141.84% → 128.84% (-13%)
34% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 59
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
57% less call options, than puts
Call options by funds: $682M | Put options by funds: $1.59B
66% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$40.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$37.1M |
| 3 |
Millennium Management
New York
|
+$25.7M |
| 4 |
AGM
Alpine Global Management
New York
|
+$24.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$120M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$111M |
| 3 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$77.3M |
| 4 |
DA
Duality Advisers
Miami,
Florida
|
-$73.8M |
| 5 |
Morgan Stanley
New York
|
-$55.3M |
KRE Hedge Fund Activity: Q2 2019 in Review
344 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2019, worth a combined $2.92B — down 10% from $3.25B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of KRE and 39 opened new positions — a net loss of 20 holders — while 170 trimmed existing stakes and 57 added.
The largest buyer was Bessemer Group, opening a new position worth an estimated $40.1M. The largest seller was Goldman Sachs, cutting an estimated $120M.
- 344 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2019, down from 368 in Q1 2019.
- Funds reported $2.92B of State Street SPDR S&P Regional Banking ETF stock for Q2 2019, down 10% quarter-over-quarter.
- 39 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2019 and 59 closed out, a net change of -20 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2019 was Bessemer Group, an estimated $40.1M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2019 was Goldman Sachs, an estimated $120M sold.
Based on aggregated 13F filings for Q2 2019.