State Street SPDR S&P Regional Banking ETF
194 hedge funds and large institutions have $2.7B invested in State Street SPDR S&P Regional Banking ETF in 2013 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 65 increasing their positions, 49 reducing their positions, and 17 closing their positions.
206% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 17
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
33% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 49
20% more funds holding
Funds holding: 161 → 194 (+33)
18% more capital invested
Capital invested by funds: $2.29B → $2.7B (+$410M)
18.68% less ownership
Funds ownership: 111.3% → 92.62% (-19%)
90% less call options, than puts
Call options by funds: $20.8M | Put options by funds: $209M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$144M |
| 2 |
Goldman Sachs
New York
|
+$69.1M |
| 3 |
SCM
Sandler Capital Management
New York
|
+$44.1M |
| 4 |
NYLIM
New York Life Investment Management
New York
|
+$13.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$111M |
| 2 |
Morgan Stanley
New York
|
-$98.1M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$42.8M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$19.5M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$15.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
201
PDT Partners
New York
| – | -$667K | -18,700 | Closed |
|
202
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$452K | -12,674 | Closed |
|
|
MA
203
MUFG Americas
New York
| – | -$334K | -9,375 | Closed |
|
|
B
204
Baird
Milwaukee,
Wisconsin
| – | -$308K | -8,628 | Closed |
|
|
QC
205
QCM Cayman
Houston,
Texas
| – | -$306K | -8,584 | Closed |
|
|
ACM
206
Advisors Capital Management
Ridgewood,
New Jersey
| – | -$281K | -7,892 | Closed |
|
207
Nomura Holdings
Tokyo,
Japan
| – | -$218K | -6,118 | Closed |
|
|
WAM
208
Wolverine Asset Management
Chicago,
Illinois
| – | -$19.2K | -500 | Closed |
|
|
HCM
209
Horrell Capital Management
Little Rock,
Arkansas
| – | -$9K | -240 | Closed |
|
210
Jones Financial Companies
Des Peres,
Missouri
| – | -$6K | -167 | Closed |
|
211
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -40 | Closed |
|
KRE Hedge Fund Activity: Q4 2013 in Review
194 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2013, worth a combined $2.7B — up 18% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new KRE positions and 17 closed out — a net gain of 35 holders — while 65 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $144M. The largest seller was Citigroup, cutting an estimated $111M.
- 194 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2013, up from 161 in Q3 2013.
- Funds reported $2.7B of State Street SPDR S&P Regional Banking ETF stock for Q4 2013, up 18% quarter-over-quarter.
- 52 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2013 and 17 closed out, a net change of +35 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2013 was Fidelity Investments, an estimated $144M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2013 was Citigroup, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2013.