State Street SPDR S&P Regional Banking ETF
223 hedge funds and large institutions have $1.98B invested in State Street SPDR S&P Regional Banking ETF in 2016 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 86 reducing their positions, and 32 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
19% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 32
19% more capital invested
Capital invested by funds: $1.67B → $1.98B (+$309M)
3.33% more ownership
Funds ownership: 94.53% → 97.86% (+3.3%)
2% more funds holding
Funds holding: 218 → 223 (+5)
33% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 86
49% less call options, than puts
Call options by funds: $157M | Put options by funds: $304M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$75.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$72.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$62.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$32.8M |
| 5 |
Morgan Stanley
New York
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$138M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$19.3M |
| 3 |
Barclays
London,
United Kingdom
|
-$14.9M |
| 4 |
MAM
Marketfield Asset Management
New York
|
-$12.9M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11M |
KRE Hedge Fund Activity: Q3 2016 in Review
223 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2016, worth a combined $1.98B — up 19% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new KRE positions and 32 closed out — a net gain of 6 holders — while 58 added to existing stakes and 86 trimmed.
The largest buyer was UBS Group, adding an estimated $75.5M. The largest seller was Goldman Sachs, cutting an estimated $138M.
- 223 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2016, up from 218 in Q2 2016.
- Funds reported $1.98B of State Street SPDR S&P Regional Banking ETF stock for Q3 2016, up 19% quarter-over-quarter.
- 38 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2016 and 32 closed out, a net change of +6 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2016 was UBS Group, an estimated $75.5M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2016 was Goldman Sachs, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2016.