State Street SPDR S&P Regional Banking ETF
196 hedge funds and large institutions have $2.47B invested in State Street SPDR S&P Regional Banking ETF in 2015 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 72 reducing their positions, and 50 closing their positions.
33.54% more ownership
Funds ownership: 106.34% → 139.88% (+34%)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more capital invested
Capital invested by funds: $2.33B → $2.47B (+$142M)
8% less funds holding
Funds holding: 212 → 196 (-16)
19% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 72
24% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 50
71% less call options, than puts
Call options by funds: $61.5M | Put options by funds: $213M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$159M |
| 2 |
Morgan Stanley
New York
|
+$120M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$119M |
| 4 |
JP Morgan Chase
New York
|
+$97M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$68.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$102M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$55.3M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$37.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$37.1M |
KRE Hedge Fund Activity: Q1 2015 in Review
196 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2015, worth a combined $2.47B — up 6.1% from $2.33B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of KRE and 38 opened new positions — a net loss of 12 holders — while 72 trimmed existing stakes and 58 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $159M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $102M sold.
- 196 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2015, down from 212 in Q4 2014.
- Funds reported $2.47B of State Street SPDR S&P Regional Banking ETF stock for Q1 2015, up 6.1% quarter-over-quarter.
- 38 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2015 and 50 closed out, a net change of -12 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2015 was BNP Paribas Financial Markets, an estimated $159M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2015 was Discovery Capital Management, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2015.