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State Street SPDR S&P Regional Banking ETF

344 hedge funds and large institutions have $2.92B invested in State Street SPDR S&P Regional Banking ETF in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 57 increasing their positions, 170 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% less funds holding

Funds holding: 368344 (-24)

10% less capital invested

Capital invested by funds: $3.25B → $2.92B (-$335M)

13% less ownership

Funds ownership: 141.84%128.84% (-13%)

34% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 59

45% less funds holding in top 10

Funds holding in top 10: 116 (-5)

57% less call options, than puts

Call options by funds: $682M | Put options by funds: $1.59B

66% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 170

Holders
344
Holders Change
-24
Holders Change %
-6.52%
% of All Funds
7.47%
Holding in Top 10
6
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-45.45%
% of All Funds
0.13%
New
39
Increased
57
Reduced
170
Closed
59
Calls
$682M
Puts
$1.59B
Net Calls
-$908M
Net Calls Change
+$172M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$505M -$55.3M -1,034,734 -10%
JP Morgan Chase
2
JP Morgan Chase
New York
$434M -$28.7M -536,911 -6%
Citigroup
3
Citigroup
New York
$301M -$44.3M -830,418 -13%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$267M +$37.1M +694,000 +16%
Bank of America
5
Bank of America
North Carolina
$178M -$111M -2,086,851 -39%
Goldman Sachs
6
Goldman Sachs
New York
$172M -$120M -2,250,226 -41%
UBS Group
7
UBS Group
Switzerland
$109M -$5.19M -97,184 -5%
Barclays
8
Barclays
United Kingdom
$100M +$16.5M +309,601 +20%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$49.9M -$9.05M -169,486 -15%
Bessemer Group
10
Bessemer Group
New Jersey
$40.1M +$40.1M +751,000 New
Deutsche Bank
11
Deutsche Bank
Germany
$31M -$12.6M -236,119 -29%
Wells Fargo
12
Wells Fargo
California
$28.8M -$10.1M -188,833 -26%
BAM
13
Bayview Asset Management
Florida
$28.8M -$14.3M -267,737 -33%
Millennium Management
14
Millennium Management
New York
$27.1M +$25.7M +481,478 +1,911%
CI
15
Clal Insurance
Israel
$25.5M -$3.1M -58,000 -11%
AGM
16
Alpine Global Management
New York
$25.2M +$24.9M +465,909 +7,765%
Citadel Advisors
17
Citadel Advisors
Florida
$23.7M +$23.4M +437,668 +8,295%
VMPIC
18
Varma Mutual Pension Insurance Co
Finland
$21.2M
FMI
19
Factory Mutual Insurance
Massachusetts
$18.6M -$8.62M -161,500 -32%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$18.5M +$3.26M +61,100 +21%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$17.8M +$1.88M +35,170 +12%
GJL
22
Gendell Jeffrey L
$17.6M -$1.07M -20,000 -6%
LPL Financial
23
LPL Financial
California
$17.5M -$2.35M -43,942 -12%
UCFA
24
United Capital Financial Advisors
Texas
$17.2M +$2.18M +40,730 +14%
PCA
25
PL Capital Advisors
Florida
$15.5M

KRE Hedge Fund Activity: Q2 2019 in Review

344 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2019, worth a combined $2.92B — down 10% from $3.25B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of KRE and 39 opened new positions — a net loss of 20 holders — while 170 trimmed existing stakes and 57 added.

The largest buyer was Bessemer Group, opening a new position worth an estimated $40.1M. The largest seller was Goldman Sachs, cutting an estimated $120M.

  • 344 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2019, down from 368 in Q1 2019.
  • Funds reported $2.92B of State Street SPDR S&P Regional Banking ETF stock for Q2 2019, down 10% quarter-over-quarter.
  • 39 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2019 and 59 closed out, a net change of -20 holders.
  • The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2019 was Bessemer Group, an estimated $40.1M added.
  • The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2019 was Goldman Sachs, an estimated $120M sold.

Based on aggregated 13F filings for Q2 2019.