State Street SPDR S&P Regional Banking ETF
161 hedge funds and large institutions have $2.29B invested in State Street SPDR S&P Regional Banking ETF in 2013 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 62 increasing their positions, 44 reducing their positions, and 25 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 44
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
33% more capital invested
Capital invested by funds: $1.72B → $2.29B (+$573M)
7% more funds holding
Funds holding: 151 → 161 (+10)
4.25% more ownership
Funds ownership: 107.05% → 111.3% (+4.2%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
85% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $110M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$158M |
| 2 |
Citigroup
New York
|
+$140M |
| 3 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
+$132M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$54M |
| 5 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$77.2M |
| 2 |
Goldman Sachs
New York
|
-$36.5M |
| 3 |
SCM
Sandler Capital Management
New York
|
-$23.6M |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$21.5M |
| 5 |
MCM
Moore Capital Management
New York
|
-$8.47M |
KRE Hedge Fund Activity: Q3 2013 in Review
161 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2013, worth a combined $2.29B — up 33% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new KRE positions and 25 closed out — a net gain of 10 holders — while 62 added to existing stakes and 44 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $158M. The largest seller was Deutsche Bank, cutting an estimated $77.2M.
- 161 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2013, up from 151 in Q2 2013.
- Funds reported $2.29B of State Street SPDR S&P Regional Banking ETF stock for Q3 2013, up 33% quarter-over-quarter.
- 35 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2013 and 25 closed out, a net change of +10 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2013 was Morgan Stanley, an estimated $158M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2013 was Deutsche Bank, an estimated $77.2M sold.
Based on aggregated 13F filings for Q3 2013.