State Street SPDR S&P Regional Banking ETF
444 hedge funds and large institutions have $3.3B invested in State Street SPDR S&P Regional Banking ETF in 2022 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 109 increasing their positions, 181 reducing their positions, and 61 closing their positions.
2.99% more ownership
Funds ownership: 106.44% → 109.42% (+3%)
3% less capital invested
Capital invested by funds: $3.42B → $3.3B (-$115M)
6% less funds holding
Funds holding: 471 → 444 (-27)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
34% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 61
40% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 181
60% less call options, than puts
Call options by funds: $1.04B | Put options by funds: $2.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$227M |
| 2 |
JP Morgan Chase
New York
|
+$61.3M |
| 3 |
Goldman Sachs
New York
|
+$57.5M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$30.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$120M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$71.9M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$65.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$43.4M |
| 5 |
MLIC
Mandatum Life Insurance Company
Helsinki,
Finland
|
-$33.1M |
KRE Hedge Fund Activity: Q3 2022 in Review
444 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2022, worth a combined $3.3B — down 3.4% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of KRE and 40 opened new positions — a net loss of 21 holders — while 181 trimmed existing stakes and 109 added.
The largest buyer was Bessemer Group, adding an estimated $227M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $120M.
- 444 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2022, down from 471 in Q2 2022.
- Funds reported $3.3B of State Street SPDR S&P Regional Banking ETF stock for Q3 2022, down 3.4% quarter-over-quarter.
- 40 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2022 and 61 closed out, a net change of -21 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2022 was Bessemer Group, an estimated $227M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2022 was BNP Paribas Financial Markets, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2022.