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State Street SPDR S&P Regional Banking ETF

409 hedge funds and large institutions have $3.5B invested in State Street SPDR S&P Regional Banking ETF in 2017 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 135 increasing their positions, 109 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 113 | Existing positions closed: 36

44% more funds holding in top 10

Funds holding in top 10: 1623 (+7)

25% more capital invested

Capital invested by funds: $2.81B → $3.5B (+$692M)

24% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 109

21% more funds holding

Funds holding: 337409 (+72)

6% less call options, than puts

Call options by funds: $994M | Put options by funds: $1.06B

4.81% less ownership

Funds ownership: 84.39%79.58% (-4.8%)

Holders
409
Holders Change
+72
Holders Change %
+21.36%
% of All Funds
9.28%
Holding in Top 10
23
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+43.75%
% of All Funds
0.52%
New
113
Increased
135
Reduced
109
Closed
36
Calls
$994M
Puts
$1.06B
Net Calls
-$65.3M
Net Calls Change
+$228M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$337M -$62M -1,078,990 -16%
Bank of America
2
Bank of America
North Carolina
$290M +$49.8M +866,251 +21%
Goldman Sachs
3
Goldman Sachs
New York
$248M +$152M +2,644,486 +168%
UBS Group
4
UBS Group
Switzerland
$168M +$35.1M +610,895 +27%
Nomura Holdings
5
Nomura Holdings
Japan
$142M +$138M +2,407,925 +33,551%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$111M -$17.1M -296,872 -14%
CHP
7
Castle Hook Partners
New York
$92.1M +$89.9M +1,565,399 New
NM
8
Nokota Management
New York
$84.6M +$82.6M +1,438,285 New
GJL
9
Gendell Jeffrey L
$78M +$25.1M +437,234 +49%
Wells Fargo
10
Wells Fargo
California
$77.6M +$5.72M +99,504 +8%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$77.5M +$45.2M +787,200 +149%
Parallax Volatility Advisers
12
Parallax Volatility Advisers
California
$75.4M -$6.42M -111,750 -8%
Citigroup
13
Citigroup
New York
$65.4M -$74.9M -1,303,374 -54%
MIFH
14
Migdal Insurance & Financial Holdings
Israel
$56.2M +$51.3M +892,909 +1,444%
VMPIC
15
Varma Mutual Pension Insurance Co
Finland
$53.8M +$52.5M +914,000 New
FIM
16
Foresters Investment Management
New York
$46.7M -$6.68M -116,300 -13%
DCM
17
Discovery Capital Management
Connecticut
$46.7M -$40.4M -703,643 -47%
QIM
18
Quantitative Investment Management
Virginia
$40.7M -$25.7M -447,500 -39%
PVH
19
Psagot Value Holdings
Israel
$40.1M +$28.4M +494,869 +265%
LPL Financial
20
LPL Financial
California
$40M -$7.64M -133,076 -16%
MIH
21
Meitav Investment House
Israel
$37.4M +$36.5M +636,096 New
SFM
22
Soros Fund Management
New York
$37.2M +$36.3M +631,507 New
HI
23
HBK Investments
Texas
$35.6M -$1.75M -30,500 -5%
SHGA
24
Sand Hill Global Advisors
California
$35.4M +$706K +12,291 +2%
CS
25
Credit Suisse
Switzerland
$30.2M -$40.1M -698,130 -58%

KRE Hedge Fund Activity: Q4 2017 in Review

409 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2017, worth a combined $3.5B — up 25% from $2.81B a quarter earlier.

Buyers outnumbered sellers: 113 funds opened new KRE positions and 36 closed out — a net gain of 77 holders — while 135 added to existing stakes and 109 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $152M. The largest seller was JP Morgan Chase, cutting an estimated $135M.

  • 409 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2017, up from 337 in Q3 2017.
  • Funds reported $3.5B of State Street SPDR S&P Regional Banking ETF stock for Q4 2017, up 25% quarter-over-quarter.
  • 113 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2017 and 36 closed out, a net change of +77 holders.
  • The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2017 was Goldman Sachs, an estimated $152M added.
  • The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2017 was JP Morgan Chase, an estimated $135M sold.

Based on aggregated 13F filings for Q4 2017.