State Street SPDR S&P Regional Banking ETF
210 hedge funds and large institutions have $1.68B invested in State Street SPDR S&P Regional Banking ETF in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 92 reducing their positions, and 69 closing their positions.
0.4% less ownership
Funds ownership: 84.58% → 84.18% (-0.4%)
17% less funds holding
Funds holding: 253 → 210 (-43)
28% less capital invested
Capital invested by funds: $2.33B → $1.68B (-$645M)
45% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 92
58% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 69
73% less call options, than puts
Call options by funds: $127M | Put options by funds: $471M
78% less funds holding in top 10
Funds holding in top 10: 9 → 2 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$131M |
| 2 |
Citigroup
New York
|
+$72.2M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$50.6M |
| 4 |
Goldman Sachs
New York
|
+$41.1M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$259M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$77.5M |
| 3 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
-$62.4M |
| 4 |
JP Morgan Chase
New York
|
-$35.5M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$32.6M |
KRE Hedge Fund Activity: Q1 2016 in Review
210 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2016, worth a combined $1.68B — down 28% from $2.33B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of KRE and 29 opened new positions — a net loss of 40 holders — while 92 trimmed existing stakes and 51 added.
The largest buyer was Credit Suisse, adding an estimated $131M. The largest seller was Morgan Stanley, cutting an estimated $259M.
- 210 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2016, down from 253 in Q4 2015.
- Funds reported $1.68B of State Street SPDR S&P Regional Banking ETF stock for Q1 2016, down 28% quarter-over-quarter.
- 29 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2016 and 69 closed out, a net change of -40 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2016 was Credit Suisse, an estimated $131M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2016 was Morgan Stanley, an estimated $259M sold.
Based on aggregated 13F filings for Q1 2016.