State Street SPDR S&P Regional Banking ETF
386 hedge funds and large institutions have $3.25B invested in State Street SPDR S&P Regional Banking ETF in 2018 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 75 increasing their positions, 194 reducing their positions, and 115 closing their positions.
100% more call options, than puts
Call options by funds: $2.89B | Put options by funds: $1.45B
23.24% more ownership
Funds ownership: 91.88% → 115.12% (+23%)
10% less funds holding
Funds holding: 429 → 386 (-43)
31% less capital invested
Capital invested by funds: $4.69B → $3.25B (-$1.43B)
36% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 115
48% less funds holding in top 10
Funds holding in top 10: 21 → 11 (-10)
61% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 194
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$103M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$95.5M |
| 3 |
Citigroup
New York
|
+$79.4M |
| 4 |
JP Morgan Chase
New York
|
+$63.5M |
| 5 |
Two Sigma Investments
New York
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$241M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$181M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$57M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$53.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$53M |
KRE Hedge Fund Activity: Q4 2018 in Review
386 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q4 2018, worth a combined $3.25B — down 31% from $4.69B a quarter earlier.
Sellers outnumbered buyers: 115 funds closed out of KRE and 74 opened new positions — a net loss of 41 holders — while 194 trimmed existing stakes and 75 added.
The largest buyer was Goldman Sachs, adding an estimated $103M. The largest seller was Bank of America, cutting an estimated $241M.
- 386 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q4 2018, down from 429 in Q3 2018.
- Funds reported $3.25B of State Street SPDR S&P Regional Banking ETF stock for Q4 2018, down 31% quarter-over-quarter.
- 74 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q4 2018 and 115 closed out, a net change of -41 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q4 2018 was Goldman Sachs, an estimated $103M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q4 2018 was Bank of America, an estimated $241M sold.
Based on aggregated 13F filings for Q4 2018.