Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Series Trust (KBE)

265 + Investors. Track Smart Money conviction in KBE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — KBE

Based on 267 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added KBE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
267 hedge funds hold KBE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+15 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

132 buying107 selling
Last quarter: 132 funds bought or added vs 107 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+17 vs last Q)

new funds entering per quarter
Funds opening a new KBE position: 34 → 47 → 30 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 18% new
166 out of 267 hedge funds have held KBE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +36% but shares only +19% — price-driven

Value
+35%
Shares
+18%
Last quarter: the total dollar value of institutional holdings rose +36%, but actual share count only changed +19%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~47 new funds/quarter

52 → 34 → 47 → 30 → 47 new funds/Q
New funds entering each quarter: 34 → 47 → 30 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 71% veterans vs 20% newcomers

■ 71% veterans ■ 9% 1-2yr ■ 20% new
Entry-cohort mix of 282 holders: 201 (71%) are 2+ year veterans, 24 entered 1–2 years ago, and 57 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 82% AUM from top-100 funds

82% from top-100 AUM funds
31 of 265 holders are among the 100 largest funds by AUM, controlling 82% of total institutional value in KBE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — KBE

In 2026 Q2, 132 hedge funds were net buyers of KBE (47 opened a new position, 85 added to an existing one), while 107 reduced or exited (72 trimmed, 35 sold completely) — a 55% buyer ratio, indicating a slight buying edge. 82% of total institutional value in KBE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 267.

Hedge Fund Ownership: KBE

How many hedge funds hold KBE — quarterly history vs. share price
Quarterly hedge fund ownership of KBE vs. share price

Market Analysis: KBE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KBE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Spdr Series Trust (KBE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much KBE has moved relative to its sector benchmark (SPY) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 86d ago
KBE
-5.4%
SPY
+3.1%

KBE outperformed SPY by -8.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 41d ago
KBE
-9.5%
SPY
-1.8%

Since the filing became public, KBE outperformed SPY by -7.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 2 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: KBE
265 + Investors

Track Smart Money conviction in KBE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 265 255 3.92%
13F Shares 41M 35M 18.62%
Total Value $2.78B $2.05B 35.54%
New Positions 47 30 +17
Increased Positions 76 84 -8
Closed Positions 35 41 -6
Reduced Positions 71 69 +2
Total Calls 6 8 -25.0%
Total Puts 11 13 -15.38%
PUT/CALL Ratio 1.83 1.62 Bearish

Statistics: KBE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

265 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in KBE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 KBE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Castlekeep Investment Advisors LLC 7.24% 211,894 $14.5M
2 MRA Advisory Group 2.79% 112,634 $7.7M
3 Sage Advisory Services, Ltd.Co. 2.65% 78,821 $5.4M
4 Measured Wealth Private Client Group, LLC 1.73% 104,704 $7.1M
5 Wharton Business Group, LLC 1.23% 537,221 $36.6M
6 ProVise Management Group, LLC 1.07% 233,055 $15.9M
7 Stirlingshire Investments, Inc. 0.66% 13,003 $887K
8 LOM Asset Management Ltd 0.58% 33,175 $2.3M
9 AGAVE CAPITAL MANAGEMENT Ltd 0.58% 78,015 $5.3M
10 RCW Management, LLC 0.45% 7,429 $507K
11 Vima LLC 0.43% 6,480 $442K
12 Objective Capital Management, LLC 0.43% 7,104 $485K
13 Evolution Wealth Advisors, LLC 0.42% 53,022 $3.6M
14 Vectors Research Management, LLC 0.33% 18,332 $1.3M
15 Total Wealth Planning & Management, Inc. 0.30% 6,409 $437K
16 Trans-Canada Capital Inc. 0.26% 70,000 $4.8M
17 South Shore Capital Advisors 0.24% 5,174 $353K
18 Hanover Advisors Inc 0.23% 9,335 $637K
19 Fairfield, Bush & CO. 0.22% 6,624 $452K
20 Cedarwood Wealth LLC 0.20% 3,924 $268K
21 Sage Capital Management, LLC 0.17% 6,321 $431K
22 Symphony Financial Services, Inc. 0.16% 5,290 $361K
23 Samalin Investment Counsel, LLC 0.16% 7,460 $509K
24 Hopwood Financial Services, Inc. 0.16% 4,000 $273K
25 Balyasny Asset Management L.P. 0.15% 1,818,900 $124.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Spdr Series Trust (KBE)

What does the Smart Money Trend signal show for KBE?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added KBE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for KBE?

Slight buying edge — 55% buying: Last quarter: 132 funds bought or added vs 107 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for KBE holders?

Elite ownership — 82% AUM from top-100 funds: 31 of 265 holders are among the 100 largest funds by AUM, controlling 82% of total institutional value in KBE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held KBE?

62% of holders stayed for 2+ years: 166 out of 267 hedge funds have held KBE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Spdr Series Trust (KBE) following the 2026 Q2 hedge fund 13F filings?

As of today, KBE has moved -9.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.8% for the SPY sector ETF — an outperformance of -7.7%. Since the quarter end (June 30, 2026), KBE has gained -5.4% vs +3.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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