State Street SPDR S&P Regional Banking ETF
337 hedge funds and large institutions have $2.81B invested in State Street SPDR S&P Regional Banking ETF in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 105 increasing their positions, 128 reducing their positions, and 45 closing their positions.
5.97% more ownership
Funds ownership: 78.42% → 84.39% (+6%)
7% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 45
1% less funds holding
Funds holding: 342 → 337 (-5)
5% less capital invested
Capital invested by funds: $2.97B → $2.81B (-$158M)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
18% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 128
38% less call options, than puts
Call options by funds: $488M | Put options by funds: $781M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$114M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$80.4M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$70.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$69.5M |
| 5 |
Citigroup
New York
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$123M |
| 2 |
Goldman Sachs
New York
|
-$104M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$82.9M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$65.6M |
| 5 |
GJL
Gendell Jeffrey L
|
-$57.9M |
KRE Hedge Fund Activity: Q3 2017 in Review
337 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q3 2017, worth a combined $2.81B — down 5.3% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of KRE and 42 opened new positions — a net loss of 3 holders — while 128 trimmed existing stakes and 105 added.
The largest buyer was JP Morgan Chase, adding an estimated $114M. The largest seller was Morgan Stanley, cutting an estimated $123M.
- 337 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q3 2017, down from 342 in Q2 2017.
- Funds reported $2.81B of State Street SPDR S&P Regional Banking ETF stock for Q3 2017, down 5.3% quarter-over-quarter.
- 42 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q3 2017 and 45 closed out, a net change of -3 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q3 2017 was JP Morgan Chase, an estimated $114M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q3 2017 was Morgan Stanley, an estimated $123M sold.
Based on aggregated 13F filings for Q3 2017.