State Street SPDR S&P Regional Banking ETF
471 hedge funds and large institutions have $4.05B invested in State Street SPDR S&P Regional Banking ETF in 2024 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 133 increasing their positions, 187 reducing their positions, and 116 closing their positions.
24.33% more ownership
Funds ownership: 111.12% → 135.45% (+24%)
10% less capital invested
Capital invested by funds: $4.48B → $4.05B (-$432M)
10% less funds holding
Funds holding: 525 → 471 (-54)
29% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 187
32% less funds holding in top 10
Funds holding in top 10: 19 → 13 (-6)
44% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 116
52% less call options, than puts
Call options by funds: $1.85B | Put options by funds: $3.83B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$299M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$103M |
| 3 |
JP Morgan Chase
New York
|
+$102M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$86.1M |
| 5 |
Jane Street
New York
|
+$82.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$315M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$168M |
| 3 |
MCM
Moore Capital Management
New York
|
-$102M |
| 4 |
CHP
Castle Hook Partners
New York
|
-$92.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$88.5M |
KRE Hedge Fund Activity: Q1 2024 in Review
471 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2024, worth a combined $4.05B — down 9.7% from $4.48B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of KRE and 65 opened new positions — a net loss of 51 holders — while 187 trimmed existing stakes and 133 added.
The largest buyer was Goldman Sachs, adding an estimated $299M. The largest seller was Morgan Stanley, cutting an estimated $315M.
- 471 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2024, down from 525 in Q4 2023.
- Funds reported $4.05B of State Street SPDR S&P Regional Banking ETF stock for Q1 2024, down 9.7% quarter-over-quarter.
- 65 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2024 and 116 closed out, a net change of -51 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2024 was Goldman Sachs, an estimated $299M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2024 was Morgan Stanley, an estimated $315M sold.
Based on aggregated 13F filings for Q1 2024.