State Street SPDR S&P Regional Banking ETF
279 hedge funds and large institutions have $1.41B invested in State Street SPDR S&P Regional Banking ETF in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 70 increasing their positions, 128 reducing their positions, and 117 closing their positions.
4.57% less ownership
Funds ownership: 131.05% → 126.48% (-4.6%)
23% less funds holding
Funds holding: 361 → 279 (-82)
45% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 128
46% less capital invested
Capital invested by funds: $2.62B → $1.41B (-$1.21B)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
68% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 117
71% less call options, than puts
Call options by funds: $192M | Put options by funds: $654M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$247M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$247M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$110M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$39.3M |
| 5 |
Citigroup
New York
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$245M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$105M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$92.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$89.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$78M |
KRE Hedge Fund Activity: Q1 2020 in Review
279 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2020, worth a combined $1.41B — down 46% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of KRE and 38 opened new positions — a net loss of 79 holders — while 128 trimmed existing stakes and 70 added.
The largest buyer was Morgan Stanley, adding an estimated $247M. The largest seller was Bank of Nova Scotia, cutting an estimated $245M.
- 279 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2020, down from 361 in Q4 2019.
- Funds reported $1.41B of State Street SPDR S&P Regional Banking ETF stock for Q1 2020, down 46% quarter-over-quarter.
- 38 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2020 and 117 closed out, a net change of -79 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2020 was Morgan Stanley, an estimated $247M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2020 was Bank of Nova Scotia, an estimated $245M sold.
Based on aggregated 13F filings for Q1 2020.