State Street SPDR S&P Regional Banking ETF
498 hedge funds and large institutions have $5.22B invested in State Street SPDR S&P Regional Banking ETF in 2025 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 165 increasing their positions, 155 reducing their positions, and 116 closing their positions.
17.33% more ownership
Funds ownership: 86.6% → 103.93% (+17%)
16% more capital invested
Capital invested by funds: $4.49B → $5.22B (+$729M)
6% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 155
10% less funds holding
Funds holding: 551 → 498 (-53)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
39% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 116
50% less call options, than puts
Call options by funds: $1.84B | Put options by funds: $3.68B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$692M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$204M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$98.9M |
| 4 |
Two Sigma Investments
New York
|
+$87.1M |
| 5 |
Squarepoint
New York
|
+$83.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$111M |
| 2 |
MCM
Moore Capital Management
New York
|
-$81.5M |
| 3 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$46.3M |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$45.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$42.9M |
KRE Hedge Fund Activity: Q1 2025 in Review
498 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q1 2025, worth a combined $5.22B — up 16% from $4.49B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of KRE and 71 opened new positions — a net loss of 45 holders — while 155 trimmed existing stakes and 165 added.
The largest buyer was Goldman Sachs, adding an estimated $692M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $111M.
- 498 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q1 2025, down from 551 in Q4 2024.
- Funds reported $5.22B of State Street SPDR S&P Regional Banking ETF stock for Q1 2025, up 16% quarter-over-quarter.
- 71 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q1 2025 and 116 closed out, a net change of -45 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q1 2025 was Goldman Sachs, an estimated $692M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q1 2025 was Migdal Insurance & Financial Holdings, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2025.