State Street SPDR S&P Regional Banking ETF
486 hedge funds and large institutions have $3.91B invested in State Street SPDR S&P Regional Banking ETF in 2023 Q1 according to their latest regulatory filings, with 141 funds opening new positions, 162 increasing their positions, 115 reducing their positions, and 92 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
53% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 92
41% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 115
23% more capital invested
Capital invested by funds: $3.17B → $3.91B (+$739M)
15.66% more ownership
Funds ownership: 115.69% → 131.35% (+16%)
9% more funds holding
Funds holding: 447 → 486 (+39)
34% less call options, than puts
Call options by funds: $2.66B | Put options by funds: $4.02B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$203M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$169M |
| 3 |
Goldman Sachs
New York
|
+$146M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$137M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$90.1M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$56.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$48.5M |
| 4 |
SC
Sculptor Capital
New York
|
-$25.4M |
| 5 |
JP Morgan Chase
New York
|
-$23.3M |
KRE Hedge Fund Activity: Q1 2023 in Review
486 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2023, worth a combined $3.91B — up 23% from $3.17B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new KRE positions and 92 closed out — a net gain of 49 holders — while 162 added to existing stakes and 115 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $203M. The largest seller was UBS Group, cutting an estimated $90.1M.
- 486 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2023, up from 447 in Q4 2022.
- Funds reported $3.91B of State Street SPDR S&P Regional Banking ETF stock for Q1 2023, up 23% quarter-over-quarter.
- 141 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2023 and 92 closed out, a net change of +49 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2023 was Morgan Stanley, an estimated $203M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2023 was UBS Group, an estimated $90.1M sold.
Based on aggregated 13F filings for Q1 2023.