State Street SPDR S&P Regional Banking ETF
198 hedge funds and large institutions have $1.95B invested in State Street SPDR S&P Regional Banking ETF in 2014 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 60 reducing their positions, and 35 closing their positions.
35% more call options, than puts
Call options by funds: $292M | Put options by funds: $217M
15% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 60
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
3.22% more ownership
Funds ownership: 82.01% → 85.23% (+3.2%)
6% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 35
1% less funds holding
Funds holding: 200 → 198 (-2)
9% less capital invested
Capital invested by funds: $2.13B → $1.95B (-$181M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$42.5M |
| 2 |
Citigroup
New York
|
+$38.9M |
| 3 |
QCM
QFR Capital Management
New York
|
+$29.1M |
| 4 |
MC
Maplelane Capital
New York
|
+$21.4M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
-$78.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$54.1M |
| 3 |
Morgan Stanley
New York
|
-$43.2M |
| 4 |
Goldman Sachs
New York
|
-$29.2M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$25.2M |
KRE Hedge Fund Activity: Q3 2014 in Review
198 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2014, worth a combined $1.95B — down 8.5% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of KRE and 33 opened new positions — a net loss of 2 holders — while 60 trimmed existing stakes and 69 added.
The largest buyer was Deutsche Bank, adding an estimated $42.5M. The largest seller was Hefren-Tillotson, cutting an estimated $78.9M.
- 198 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2014, down from 200 in Q2 2014.
- Funds reported $1.95B of State Street SPDR S&P Regional Banking ETF stock for Q3 2014, down 8.5% quarter-over-quarter.
- 33 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2014 and 35 closed out, a net change of -2 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2014 was Deutsche Bank, an estimated $42.5M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2014 was Hefren-Tillotson, an estimated $78.9M sold.
Based on aggregated 13F filings for Q3 2014.