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State Street SPDR S&P Regional Banking ETF

325 hedge funds and large institutions have $3.14B invested in State Street SPDR S&P Regional Banking ETF in 2017 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 130 increasing their positions, 73 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 73

20% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 64

11% more capital invested

Capital invested by funds: $2.84B → $3.14B (+$300M)

5.48% more ownership

Funds ownership: 81.02%86.5% (+5.5%)

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

2% more funds holding

Funds holding: 318325 (+7)

65% less call options, than puts

Call options by funds: $292M | Put options by funds: $842M

Holders
325
Holders Change
+7
Holders Change %
+2.2%
% of All Funds
8.09%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.5%
New
77
Increased
130
Reduced
73
Closed
64
Calls
$292M
Puts
$842M
Net Calls
-$550M
Net Calls Change
-$98M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$563M +$346M +6,185,868 +150%
Goldman Sachs
2
Goldman Sachs
New York
$291M +$60.3M +1,076,543 +25%
Bank of America
3
Bank of America
North Carolina
$176M +$34M +606,815 +23%
Citigroup
4
Citigroup
New York
$162M +$14M +249,417 +9%
UBS Group
5
UBS Group
Switzerland
$144M +$38.3M +684,426 +35%
BNP Paribas Financial Markets
6
BNP Paribas Financial Markets
France
$115M +$33.8M +603,780 +40%
CS
7
Credit Suisse
Switzerland
$110M -$39.6M -706,695 -26%
JP Morgan Chase
8
JP Morgan Chase
New York
$107M +$71M +1,268,592 +181%
Wells Fargo
9
Wells Fargo
California
$90.7M +$6.2M +110,801 +7%
GJL
10
Gendell Jeffrey L
$66.7M +$46.6M +832,100 +213%
LPL Financial
11
LPL Financial
California
$49.6M +$3.72M +66,389 +8%
FIM
12
Foresters Investment Management
New York
$48.5M -$1.62M -29,000 -3%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$41.4M +$38.7M +691,150 +1,035%
TD Asset Management
14
TD Asset Management
Ontario, Canada
$36.1M +$13.2M +235,800 +55%
HI
15
HBK Investments
Texas
$33M
Citadel Advisors
16
Citadel Advisors
Florida
$32.2M +$20.1M +358,602 +156%
QIM
17
Quantitative Investment Management
Virginia
$31.4M +$32.2M +574,600 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$30.1M +$3.75M +67,082 +14%
SHGA
19
Sand Hill Global Advisors
California
$29.9M +$1.55M +27,734 +5%
Balyasny Asset Management
20
Balyasny Asset Management
Illinois
$26.9M -$5.02M -89,754 -15%
ACM
21
Aviance Capital Management
Florida
$25.8M +$5.27M +94,236 +25%
Barclays
22
Barclays
United Kingdom
$25M +$17.8M +318,143 +228%
FMI
23
Factory Mutual Insurance
Massachusetts
$24M
PAG
24
Pinnacle Advisory Group
Maryland
$24M +$24.6M +439,228 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$23.2M +$21.6M +385,669 +983%

KRE Hedge Fund Activity: Q1 2017 in Review

325 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2017, worth a combined $3.14B — up 11% from $2.84B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new KRE positions and 64 closed out — a net gain of 13 holders — while 130 added to existing stakes and 73 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $346M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $98.6M sold.

  • 325 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2017, up from 318 in Q4 2016.
  • Funds reported $3.14B of State Street SPDR S&P Regional Banking ETF stock for Q1 2017, up 11% quarter-over-quarter.
  • 77 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2017 and 64 closed out, a net change of +13 holders.
  • The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2017 was Morgan Stanley, an estimated $346M added.
  • The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2017 was Discovery Capital Management, an estimated $98.6M sold.

Based on aggregated 13F filings for Q1 2017.