State Street SPDR S&P Regional Banking ETF
485 hedge funds and large institutions have $5.92B invested in State Street SPDR S&P Regional Banking ETF in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 147 increasing their positions, 169 reducing their positions, and 75 closing their positions.
42% more capital inflows, than outflows
Capital inflows: $1.47B | Capital outflows: $1.03B
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
12.06% more ownership
Funds ownership: 103.94% → 116.01% (+12%)
3% less funds holding
Funds holding: 502 → 485 (-17)
11% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 75
13% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 169
19% less call options, than puts
Call options by funds: $3.17B | Put options by funds: $3.89B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$269M |
| 2 |
Goldman Sachs
New York
|
+$245M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$182M |
| 4 |
Morgan Stanley
New York
|
+$170M |
| 5 |
Jane Street
New York
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Main Management ETF Advisors
San Francisco,
California
|
-$198M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$131M |
| 3 |
Squarepoint
New York
|
-$76.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$61.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$51.1M |
KRE Hedge Fund Activity: Q2 2025 in Review
485 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Regional Banking ETF (KRE) for Q2 2025, worth a combined $5.92B — up 13% from $5.22B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of KRE and 67 opened new positions — a net loss of 8 holders — while 169 trimmed existing stakes and 147 added.
The largest buyer was Citigroup, adding an estimated $269M. The largest seller was Main Management ETF Advisors, exiting entirely with an estimated $198M sold.
- 485 institutional investors held State Street SPDR S&P Regional Banking ETF (KRE) as of Q2 2025, down from 502 in Q1 2025.
- Funds reported $5.92B of State Street SPDR S&P Regional Banking ETF stock for Q2 2025, up 13% quarter-over-quarter.
- 67 funds opened new State Street SPDR S&P Regional Banking ETF positions in Q2 2025 and 75 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Regional Banking ETF buyer in Q2 2025 was Citigroup, an estimated $269M added.
- The largest State Street SPDR S&P Regional Banking ETF seller in Q2 2025 was Main Management ETF Advisors, an estimated $198M sold.
Based on aggregated 13F filings for Q2 2025.