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State Street SPDR S&P Regional Banking ETF

212 hedge funds and large institutions have $2.33B invested in State Street SPDR S&P Regional Banking ETF in 2014 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 58 increasing their positions, 80 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 27

21.11% more ownership

Funds ownership: 85.23%106.34% (+21%)

20% more capital invested

Capital invested by funds: $1.95B → $2.33B (+$386M)

7% more funds holding

Funds holding: 198212 (+14)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

28% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 80

85% less call options, than puts

Call options by funds: $158M | Put options by funds: $1.05B

Holders
212
Holders Change
+14
Holders Change %
+7.07%
% of All Funds
5.65%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.24%
New
44
Increased
58
Reduced
80
Closed
27
Calls
$158M
Puts
$1.05B
Net Calls
-$888M
Net Calls Change
-$963M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$419M +$81.2M +2,069,432 +25%
Goldman Sachs
2
Goldman Sachs
New York
$321M -$45.1M -1,150,000 -13%
Bank of America
3
Bank of America
North Carolina
$125M -$13.4M -340,427 -10%
JP Morgan Chase
4
JP Morgan Chase
New York
$107M +$16.6M +423,168 +19%
DCM
5
Discovery Capital Management
Connecticut
$102M +$98.7M +2,514,000 New
Citigroup
6
Citigroup
New York
$97.2M -$52.9M -1,346,842 -36%
UBS Group
7
UBS Group
Switzerland
$88.1M +$85M +2,165,289 New
HT
8
Hefren-Tillotson
Pennsylvania
$74.8M -$1.04M -26,435 -1%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$70.4M +$67.9M +1,729,335 New
Bessemer Group
10
Bessemer Group
New Jersey
$45.7M +$44.1M +1,123,500 New
LPL Financial
11
LPL Financial
California
$39.5M +$1.02M +25,893 +3%
ECA
12
Endeavour Capital Advisors
Connecticut
$37.8M +$36.5M +928,942 New
FMI
13
Factory Mutual Insurance
Massachusetts
$36.6M -$1.57M -40,000 -4%
CC
14
Carlson Capital
Texas
$35.8M +$9.52M +242,700 +38%
PI
15
Putnam Investments
Massachusetts
$34.8M +$33.5M +854,800 New
CI
16
Clal Insurance
Israel
$34.7M +$33.4M +851,896 New
Wells Fargo
17
Wells Fargo
California
$33.5M +$16.2M +412,232 +100%
Deutsche Bank
18
Deutsche Bank
Germany
$33.4M -$23.6M -601,647 -42%
Nomura Holdings
19
Nomura Holdings
Japan
$32.4M +$29.8M +759,054 +1,940%
Barclays
20
Barclays
United Kingdom
$28.2M -$3.92M -99,807 -12%
SG Americas Securities
21
SG Americas Securities
New York
$25M -$4.21M -107,235 -15%
OWP
22
Obermeyer Wealth Partners
Colorado
$24.8M -$133K -3,394 -0.6%
Millennium Management
23
Millennium Management
New York
$18.9M +$17.7M +450,860 +3,143%
BCM
24
BlueCrest Capital Management
Jersey
$16M +$10.1M +257,171 +190%
FIM
25
Foresters Investment Management
New York
$15.9M +$45.1K +1,150 +0.3%

KRE Hedge Fund Activity: Q4 2014 in Review

212 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2014, worth a combined $2.33B — up 20% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new KRE positions and 27 closed out — a net gain of 17 holders — while 58 added to existing stakes and 80 trimmed.

The largest buyer was Discovery Capital Management, opening a new position worth an estimated $98.7M. The largest seller was Credit Suisse, cutting an estimated $56.9M.

  • 212 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2014, up from 198 in Q3 2014.
  • Funds reported $2.33B of State Street SPDR S&P Regional Banking ETF stock for Q4 2014, up 20% quarter-over-quarter.
  • 44 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2014 and 27 closed out, a net change of +17 holders.
  • The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2014 was Discovery Capital Management, an estimated $98.7M added.
  • The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2014 was Credit Suisse, an estimated $56.9M sold.

Based on aggregated 13F filings for Q4 2014.