State Street SPDR S&P Regional Banking ETF
361 hedge funds and large institutions have $2.62B invested in State Street SPDR S&P Regional Banking ETF in 2019 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 81 increasing their positions, 133 reducing their positions, and 45 closing their positions.
80% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 45
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
11.46% more ownership
Funds ownership: 119.6% → 131.05% (+11%)
10% more funds holding
Funds holding: 328 → 361 (+33)
9% more capital invested
Capital invested by funds: $2.41B → $2.62B (+$208M)
39% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 133
71% less call options, than puts
Call options by funds: $452M | Put options by funds: $1.55B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$277M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$159M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$86.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$77.8M |
| 5 |
Goldman Sachs
New York
|
+$55.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$314M |
| 2 |
JP Morgan Chase
New York
|
-$286M |
| 3 |
Morgan Stanley
New York
|
-$97.2M |
| 4 |
Citigroup
New York
|
-$56.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$43.3M |
KRE Hedge Fund Activity: Q4 2019 in Review
361 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2019, worth a combined $2.62B — up 8.6% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new KRE positions and 45 closed out — a net gain of 36 holders — while 81 added to existing stakes and 133 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $277M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $314M.
- 361 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2019, up from 328 in Q3 2019.
- Funds reported $2.62B of State Street SPDR S&P Regional Banking ETF stock for Q4 2019, up 8.6% quarter-over-quarter.
- 81 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2019 and 45 closed out, a net change of +36 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2019 was Bank of Nova Scotia, an estimated $277M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2019 was BNP Paribas Financial Markets, an estimated $314M sold.
Based on aggregated 13F filings for Q4 2019.