State Street SPDR S&P Regional Banking ETF
480 hedge funds and large institutions have $3.72B invested in State Street SPDR S&P Regional Banking ETF in 2023 Q2 according to their latest regulatory filings, with 114 funds opening new positions, 163 increasing their positions, 133 reducing their positions, and 119 closing their positions.
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
23% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 133
4% less first-time investments, than exits
New positions opened: 114 | Existing positions closed: 119
5% less capital invested
Capital invested by funds: $3.91B → $3.72B (-$195M)
1% less funds holding
Funds holding: 487 → 480 (-7)
5.31% less ownership
Funds ownership: 131.35% → 126.04% (-5.3%)
50% less call options, than puts
Call options by funds: $1.41B | Put options by funds: $2.83B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$164M |
| 2 |
JP Morgan Chase
New York
|
+$118M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$82.2M |
| 4 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
+$66M |
| 5 |
Jane Street
New York
|
+$58.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$173M |
| 2 |
Citigroup
New York
|
-$104M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$76.3M |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
-$68.2M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$56.8M |
KRE Hedge Fund Activity: Q2 2023 in Review
480 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2023, worth a combined $3.72B — down 5% from $3.91B a quarter earlier.
Sellers outnumbered buyers: 119 funds closed out of KRE and 114 opened new positions — a net loss of 5 holders — while 133 trimmed existing stakes and 163 added.
The largest buyer was UBS Group, adding an estimated $164M. The largest seller was Morgan Stanley, cutting an estimated $173M.
- 480 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2023, down from 487 in Q1 2023.
- Funds reported $3.72B of State Street SPDR S&P Regional Banking ETF stock for Q2 2023, down 5% quarter-over-quarter.
- 114 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2023 and 119 closed out, a net change of -5 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2023 was UBS Group, an estimated $164M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2023 was Morgan Stanley, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2023.