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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.

New
Increased
Maintained
Reduced
Closed

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: 1011 (+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: 200198 (-2)

9% less capital invested

Capital invested by funds: $2.13B → $1.95B (-$181M)

Holders
198
Holders Change
-2
Holders Change %
-1%
% of All Funds
5.74%
Holding in Top 10
11
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+10%
% of All Funds
0.32%
New
33
Increased
69
Reduced
60
Closed
35
Calls
$292M
Puts
$217M
Net Calls
+$75.2M
Net Calls Change
-$28.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$343M -$29.2M -749,279 -8%
Morgan Stanley
2
Morgan Stanley
New York
$312M -$43.2M -1,108,017 -12%
Citigroup
3
Citigroup
New York
$141M +$38.9M +998,439 +36%
Bank of America
4
Bank of America
North Carolina
$130M -$54.1M -1,386,660 -29%
JP Morgan Chase
5
JP Morgan Chase
New York
$83.9M +$5.86M +150,397 +7%
HT
6
Hefren-Tillotson
Pennsylvania
$70.7M -$78.9M -2,023,412 -52%
CS
7
Credit Suisse
Switzerland
$64.2M +$3.3M +84,508 +5%
U
8
UBS
Switzerland
$56.7M +$5.17M +132,600 +10%
Deutsche Bank
9
Deutsche Bank
Germany
$53.8M +$42.5M +1,089,483 +328%
FMI
10
Factory Mutual Insurance
Massachusetts
$35.6M -$390K -10,000 -1%
LPL Financial
11
LPL Financial
California
$35.3M -$764K -19,589 -2%
Barclays
12
Barclays
United Kingdom
$29.8M +$2.46M +63,101 +9%
QCM
13
QFR Capital Management
New York
$28.3M +$29.1M +747,000 New
SG Americas Securities
14
SG Americas Securities
New York
$27.3M +$7.23M +185,381 +35%
PVH
15
Psagot Value Holdings
Israel
$25.3M -$14.6M -374,463 -36%
CC
16
Carlson Capital
Texas
$24.1M +$7.15M +183,400 +40%
OWP
17
Obermeyer Wealth Partners
Colorado
$23.2M -$220K -5,635 -0.9%
MC
18
Maplelane Capital
New York
$20.8M +$21.4M +550,000 New
CCMD
19
Cypress Capital Management (Delaware)
Delaware
$17.2M +$1.53M +39,225 +9%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$16.7M +$1.05M +26,834 +6%
NYLIM
21
New York Life Investment Management
New York
$16.7M -$6.09M -156,107 -26%
Wells Fargo
22
Wells Fargo
California
$15.6M -$9.86M -252,968 -38%
WJA
23
Williams Jones & Associates
New York
$15.5M -$206K -5,292 -1%
BHCM
24
Brevan Howard Capital Management
Jersey
$14.8M +$15.2M +390,000 New
FIM
25
Foresters Investment Management
New York
$14.7M -$7.8K -200 -0.1%

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.