State Street SPDR S&P Regional Banking ETF
318 hedge funds and large institutions have $2.83B invested in State Street SPDR S&P Regional Banking ETF in 2016 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 95 increasing their positions, 57 reducing their positions, and 26 closing their positions.
377% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 26
217% more funds holding in top 10
Funds holding in top 10: 6 → 19 (+13)
67% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 57
42% more capital invested
Capital invested by funds: $1.99B → $2.83B (+$841M)
42% more funds holding
Funds holding: 224 → 318 (+94)
16.94% less ownership
Funds ownership: 97.96% → 81.02% (-17%)
62% less call options, than puts
Call options by funds: $275M | Put options by funds: $727M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$86.9M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$85.5M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$68.2M |
| 4 |
Goldman Sachs
New York
|
+$56.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$144M |
| 2 |
Citigroup
New York
|
-$141M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$85.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$81.9M |
| 5 |
JP Morgan Chase
New York
|
-$80.5M |
KRE Hedge Fund Activity: Q4 2016 in Review
318 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2016, worth a combined $2.83B — up 42% from $1.99B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new KRE positions and 26 closed out — a net gain of 98 holders — while 95 added to existing stakes and 57 trimmed.
The largest buyer was Discovery Capital Management, opening a new position worth an estimated $86.9M. The largest seller was Morgan Stanley, cutting an estimated $144M.
- 318 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2016, up from 224 in Q3 2016.
- Funds reported $2.83B of State Street SPDR S&P Regional Banking ETF stock for Q4 2016, up 42% quarter-over-quarter.
- 124 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2016 and 26 closed out, a net change of +98 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2016 was Discovery Capital Management, an estimated $86.9M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2016 was Morgan Stanley, an estimated $144M sold.
Based on aggregated 13F filings for Q4 2016.