State Street SPDR S&P Regional Banking ETF
219 hedge funds and large institutions have $2.55B invested in State Street SPDR S&P Regional Banking ETF in 2015 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 85 increasing their positions, 64 reducing their positions, and 50 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 64
15.97% more ownership
Funds ownership: 90.43% → 106.4% (+16%)
6% more capital invested
Capital invested by funds: $2.41B → $2.55B (+$141M)
8% less funds holding
Funds holding: 238 → 219 (-19)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
36% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 50
66% less call options, than puts
Call options by funds: $146M | Put options by funds: $429M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$162M |
| 2 |
Morgan Stanley
New York
|
+$159M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$68.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$60.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$43.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$103M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$77.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$28.4M |
| 4 |
JP Morgan Chase
New York
|
-$22.6M |
| 5 |
CCMD
Cypress Capital Management (Delaware)
Greenville,
Delaware
|
-$14M |
KRE Hedge Fund Activity: Q3 2015 in Review
219 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2015, worth a combined $2.55B — up 5.9% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of KRE and 32 opened new positions — a net loss of 18 holders — while 64 trimmed existing stakes and 85 added.
The largest buyer was Citigroup, adding an estimated $162M. The largest seller was Goldman Sachs, cutting an estimated $103M.
- 219 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2015, down from 238 in Q2 2015.
- Funds reported $2.55B of State Street SPDR S&P Regional Banking ETF stock for Q3 2015, up 5.9% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2015 and 50 closed out, a net change of -18 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2015 was Citigroup, an estimated $162M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2015 was Goldman Sachs, an estimated $103M sold.
Based on aggregated 13F filings for Q3 2015.