Vault-13

KRANESHARES TRUST KWEB

CSI CHI INTERNET · ETP · CUSIP 500767306

288 institutional holders +17 vs Q4 2022
102,484,744102.5m shares reported held*
$3.2bnreported value*
68 new 98 added 79 reduced 54 sold out net sold ≈ $329.1m (-10.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($714.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.18. Options: 53 managers hold calls ($2.0bn notional), 27 hold puts ($435.2m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 263Q4 22: 271Q1 23: 288288Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022263
Q4 2022271
Q1 2023288

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 133 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 166 bought or addedQ1 23: 133 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022133157
Q1 2023166133

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1bn$2bn$3bnQ3 22 calls: $1.9bnQ3 22 puts: $412.5mQ3 22P/C 0.22Q4 22 calls: $2.4bnQ4 22 puts: $488.6mQ4 22P/C 0.20Q1 23 calls: $2.0bnQ1 23 puts: $435.2mQ1 23P/C 0.22
Numbers
QuarterCallsPutsP/C
Q3 2022$1.9bn$412.5m0.22
Q4 2022$2.4bn$488.6m0.20
Q1 2023$2.0bn$435.2m0.22

Biggest buyers

MARSHALL WACE, LLP Added +2,606,262+2.6m
MORGAN STANLEY Added +2,196,580+2.2m
NWI MANAGEMENT LP New +1,800,000+1.8m
BANK OF AMERICA CORP /DE/ Added +1,578,308+1.6m
BNP PARIBAS FINANCIAL MARKETS Added +1,281,167+1.3m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,255,275+1.3m
MENORA MIVTACHIM HOLDINGS LTD. New +1,143,549+1.1m
LMR Partners LLP Added +1,050,481+1.1m
Hudson Bay Capital Management LP New +1,000,000+1.0m
Holocene Advisors, LP New +900,000+900.0k

Biggest sellers

JPMORGAN CHASE & CO Reduced -6,115,439-6.1m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -3,250,000-3.2m
Clal Insurance Enterprises Holdings Ltd Reduced -2,880,000-2.9m
JANE STREET GROUP, LLC Reduced -2,457,363-2.5m
PAULSON & CO. INC. Sold out -2,332,064-2.3m
L1 Capital Pty Ltd Sold out -2,038,560-2.0m
MOORE CAPITAL MANAGEMENT, LP Reduced -1,809,929-1.8m
UBS Group AG Reduced -1,454,955-1.5m
CITADEL ADVISORS LLC Reduced -1,354,524-1.4m
Trivest Advisors Ltd Sold out -1,325,000-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $247.1m7.9m shares
CloudAlpha Capital Management Limited/Hong Kong New $243.3m7.8m shares
Collaborative Holdings Management LP Added $195.5m6.3m shares
JANE STREET GROUP, LLC Reduced $154.8m5.0m shares
SIMPLEX TRADING, LLC Reduced $136.8m4.4m shares
BARCLAYS PLC Added $84.0m2.7m shares
BANK OF AMERICA CORP /DE/ Reduced $82.7m2.6m shares
Caption Management, LLC Reduced $79.4m2.5m shares
Twin Tree Management, LP Added $76.5m2.5m shares
Parallax Volatility Advisers, L.P. Reduced $73.4m2.4m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $85.6m2.7m shares
MARSHALL WACE, LLP Added $73.1m2.3m shares
CITADEL ADVISORS LLC Reduced $63.5m2.0m shares
Caption Management, LLC Added $32.6m1.0m shares
GOLDMAN SACHS GROUP INC Added $31.9m1.0m shares
Parallax Volatility Advisers, L.P. Reduced $30.7m983.1k shares
WOLVERINE TRADING, LLC Added $23.3m732.8k shares
Walleye Trading LLC Added $14.6m467.7k shares
BANK OF AMERICA CORP /DE/ Reduced $14.0m450.0k shares
UBS Group AG Added $13.3m426.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 11,510,26111.5m $359.0m $359.0m 0.04% Added +2.2m +2,196,580
2 Rafferty Asset Management, LLC 1.20% of their portfolio New York, NY 5,686,6165.7m $177.4m $177.4m 1.20% Added +248.5k +248,482
3 CITIGROUP INC 0.23% of their portfolio NEW YORK, NY 5,608,7785.6m $174.9m $174.9m 0.23% Added +684.0k +684,010
4 UBS Group AG 0.08% of their portfolio ZURICH, V8 5,597,9495.6m $174.6m $174.6m 0.08% Reduced -1.5m -1,454,955
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,423,7835.4m $169.2m $169.2m 0.02% Added +1.6m +1,578,308
6 GOLDMAN SACHS GROUP INC 0.04% of their portfolio NEW YORK, NY 4,875,6744.9m $152.1m $152.1m 0.04% Reduced -362.2k -362,240
7 JANE STREET GROUP, LLC 0.18% of their portfolio NEW YORK, NY 3,290,0803.3m $102.6m $102.6m 0.18% Reduced -2.5m -2,457,363
8 Segantii Capital Management Ltd 4.49% of their portfolio HONG KONG, K3 3,196,7393.2m $99.9m $99.9m 4.49% Added +600.0k +600,000
9 MARSHALL WACE, LLP 0.23% of their portfolio LONDON, X0 2,947,3872.9m $91.9m $91.9m 0.23% Added +2.6m +2,606,262
10 BlackRock Inc. 0.00% of their portfolio New York, NY 1,991,5422.0m $62.1m $62.1m 0.00% Reduced -675.5k -675,492
11 BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio PARIS, I0 1,904,7321.9m $59.4m $59.4m 0.13% Added +1.3m +1,281,167
12 MEITAV INVESTMENT HOUSE LTD 0.88% of their portfolio BENE-BERAQ, L3 1,810,6721.8m $51.0m $51.0m 0.88% Added +259.1k +259,132
13 NWI MANAGEMENT LP 8.93% of their portfolio NEW YORK, NY 1,800,0001.8m $56.1m $56.1m 8.93% New
14 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 1,596,9001.6m $49.8m $49.8m 0.05% Reduced -1.4m -1,354,524
15 NAN FUNG TRINITY (HK) LTD 12.39% of their portfolio CENTRAL, HONG KONG, K3 1,494,7001.5m $46.6m $46.6m 12.39% Added +214.8k +214,800
16 BANK OF NOVA SCOTIA 0.14% of their portfolio TORONTO, A6 1,470,6531.5m $45.9m $45.9m 0.14% Added +475.5k +475,500
17 LMR Partners LLP 0.83% of their portfolio LONDON, X0 1,450,0001.4m $45.2m $45.2m 0.83% Added +1.1m +1,050,481
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 1,421,0241.4m $44.3m $44.3m 0.07% Added +1.3m +1,255,275
19 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 1,408,1521.4m $43.9m $43.9m 0.05% Added +39.5k +39,469
20 Clal Insurance Enterprises Holdings Ltd 0.62% of their portfolio Tel-aviv, L3 1,330,0001.3m $41.5m $41.5m 0.62% Reduced -2.9m -2,880,000
21 Axim Planning & Wealth 40.60% of their portfolio SPRINGBORO, OH 1,314,6751.3m $41.0m $41.0m 40.60% Reduced -170.4k -170,375
22 Varma Mutual Pension Insurance Co 0.47% of their portfolio Varma, H9 1,222,6881.2m $38.1m $38.1m 0.47% Added +867.7k +867,688
23 CREDIT SUISSE AG/ 0.04% of their portfolio ZURICH, V8 1,182,2111.2m $36.9m $36.9m 0.04% Reduced -70.5k -70,546
24 STRS OHIO 0.05% of their portfolio COLUMBUS, OH 1,153,8001.2m $36.0m $36.0m 0.05% Added +769.2k +769,200
25 MENORA MIVTACHIM HOLDINGS LTD. 0.37% of their portfolio Ramat Gan, L3 1,143,5491.1m $35.7m $35.7m 0.37% New
26 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 2.78% of their portfolio Tel Aviv, L3 1,087,7291.1m $34.5m $34.5m 2.78% Added +162.3k +162,300
27 Temasek Holdings (Private) Ltd 0.20% of their portfolio SINGAPORE, U0 1,063,4401.1m $33.2m $33.2m 0.20% Added +160.1k +160,060
28 Hudson Bay Capital Management LP 0.18% of their portfolio STAMFORD, CT 1,000,0001.0m $31.2m $31.2m 0.18% New
29 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 998,639998.6k $31.3m $31.3m 0.01% Reduced -565.9k -565,947
30 Mandatum Life Insurance Co Ltd 9.11% of their portfolio HELSINKI, H9 992,892992.9k $31.0m $31.0m 9.11% Added +496 +496
31 SIMPLEX TRADING, LLC 1.39% of their portfolio CHICAGO, IL 982,110982.1k $30.6m $30.6m 1.39% Added +730.4k +730,387
32 Holocene Advisors, LP 0.14% of their portfolio New York, NY 900,000900.0k $28.1m $28.1m 0.14% New
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 870,770870.8k $27.2m $27.2m 0.00% Reduced -6.1m -6,115,439
34 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 850,818850.8k $26.5m $26.5m 0.03% Added +342.9k +342,864
35 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 825,358825.4k $25.7m $25.7m 0.01% Added +46.1k +46,070
36 SOROS FUND MANAGEMENT LLC 0.48% of their portfolio NEW YORK, NY 817,821817.8k $25.5m $25.5m 0.48% New
37 NewEdge Wealth, LLC 0.96% of their portfolio STAMFORD, CT 811,739811.7k $25.3m $25.3m 0.96% Added +64.0k +63,984
38 ING GROEP NV 0.25% of their portfolio AMSTERDAM, P7 810,000810.0k $25.3m $25.3m 0.25% Reduced -358.2k -358,200
39 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 748,454748.5k $23.3m $23.3m 0.01% Reduced -209.1k -209,098
40 Hao Advisors Management Ltd 7.24% of their portfolio HONG KONG, K3 670,334670.3k $20.9m $20.9m 7.24% Added +170.3k +170,334
41 Main Management ETF Advisors, LLC 1.71% of their portfolio SAN FRANCISCO, CA 645,185645.2k $20.1m $20.1m 1.71% Added +136.9k +136,925
42 Owl Creek Asset Management, L.P. 1.55% of their portfolio New York, NY 623,283623.3k $19.4m $19.4m 1.55% Reduced -999.9k -999,858
43 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 551,315551.3k $17.2m $17.2m 0.01% Added +39.1k +39,080
44 Caption Management, LLC 3.57% of their portfolio OKLAHOMA CITY, OK 535,000535.0k $16.7m $16.7m 3.57% Added +347.7k +347,700
45 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 519,091519.1k $16.2m $16.2m 0.01% Added +71.0k +70,964
46 WOLVERINE TRADING, LLC 0.42% of their portfolio CHICAGO, IL 440,105440.1k $14.0m $14.0m 0.42% Added +213.6k +213,605
47 Isomer Partners LP 7.54% of their portfolio New York, NY 422,600422.6k $13.2m $13.2m 7.54% Added +122.6k +122,600
48 JGP Global Gestao de Recursos Ltda. 18.64% of their portfolio RIO DE JANEIRO, D5 404,764404.8k $17.8m $17.8m 18.64% New
49 ALTFEST L J & CO INC 1.95% of their portfolio NEW YORK, NY 399,743399.7k $12.5m $12.5m 1.95% Reduced -224.9k -224,902
50 BFAM Partners (Cayman) Ltd 88.56% of their portfolio NORTHPOINT, HONG KONG, K3 392,100392.1k $12.2m $12.2m 88.56% New
51 Simplicity Solutions, LLC 0.32% of their portfolio MINNEAPOLIS, MN 385,295385.3k $12.0m $12.0m 0.32% New
52 Bleakley Financial Group, LLC 0.40% of their portfolio PARSIPPANY, NJ 385,295385.3k $12.0m $12.0m 0.40% Reduced -24.5k -24,493
53 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 374,688374.7k $11.7m $11.7m 0.03% Added +18.4k +18,409
54 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 2.60% of their portfolio Tel Aviv, L3 358,744358.7k $11.4m $11.4m 2.60% Unchanged
55 KADENSA CAPITAL Ltd 2.20% of their portfolio CENTRAL, K3 352,416352.4k $11.0m $11.0m 2.20% New
56 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 346,532346.5k $10.8m $10.8m 0.02% Added +203.3k +203,270
57 Parallax Volatility Advisers, L.P. 0.37% of their portfolio San Francisco, CA 338,280338.3k $10.6m $10.6m 0.37% Reduced -342.8k -342,769
58 Twin Tree Management, LP 0.30% of their portfolio DALLAS, TX 334,575334.6k $10.4m $10.4m 0.30% Reduced -1.0m -1,023,269
59 CAXTON ASSOCIATES LP 1.55% of their portfolio NEW YORK, NY 312,043312.0k $9.7m $9.7m 1.55% Reduced -11.7k -11,654
60 Quinn Opportunity Partners LLC 0.93% of their portfolio CHARLOTTESVILLE, VA 278,694278.7k $8.7m $8.7m 0.93% Reduced -28.0k -28,000
61 Crestone Asset Management LLC 1.81% of their portfolio BOULDER, CO 272,464272.5k $8.5m $8.5m 1.81% Added +42.7k +42,710
62 IMC-Chicago, LLC 1.36% of their portfolio CHICAGO, IL 257,362257.4k $8.0m $8.0m 1.36% Reduced -192 -192
63 Cornerstone Wealth Group, LLC 1.42% of their portfolio HUNTERSVILLE, NC 255,384255.4k $8.0m $8.0m 1.42% New
64 TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio STAMFORD, CT 222,499222.5k $6.9m $6.9m 0.13% Added +186.3k +186,316
65 HAP Trading, LLC 1.66% of their portfolio NEW YORK, NY 219,919219.9k $6.9m $6.9m 1.66% Reduced -27.0k -27,000
66 SG Americas Securities, LLC 0.09% of their portfolio NEW YORK, NY 213,792213.8k $6.7m $6.7m 0.09% Reduced -446.1k -446,114
67 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 210,290210.3k $6.6m $6.6m 0.02% Reduced -889.7k -889,710
68 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 199,223199.2k $6.2m $6.2m 0.01% Added +78.2k +78,245
69 North Fourth Asset Management, LP 2.92% of their portfolio ENGLEWOOD CLIFFS, NJ 187,700187.7k $5.9m $5.9m 2.92% Added +152.7k +152,700
70 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 0.02% of their portfolio TEL AVIV, L3 184,000184.0k $51.4k $51.4k 0.02% New
71 TPB WEALTH ADVISORS 3.07% of their portfolio SAN ANTONIO, TX 180,805180.8k $5.6m $5.6m 3.07% New
72 Krane Funds Advisors LLC 0.24% of their portfolio NEW YORK, NY 178,168178.2k $5.3m $5.3m 0.24% Added +163.0k +163,012
73 MOORE CAPITAL MANAGEMENT, LP 0.16% of their portfolio NEW YORK, NY 169,438169.4k $5.3m $5.3m 0.16% Reduced -1.8m -1,809,929
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 167,262167.3k $5.2m $5.2m 0.00% Added +21.8k +21,755
75 CIBC WORLD MARKETS CORP 0.08% of their portfolio NEW YORK, NY 161,750161.8k $5.0m $5.0m 0.08% Added +8 +8
76 Phoenix Financial Ltd. 0.11% of their portfolio Givatayim, L3 159,760159.8k $5.0m $5.0m 0.11% Added +22.3k +22,282
77 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 149,323149.3k $4.7m $4.7m 0.02% Reduced -558.6k -558,604
78 Starfox Financial Services, LLC 4.51% of their portfolio THE WOODLANDS, TX 147,584147.6k $4.3m $4.3m 4.51% Added +1.0k +1,040
79 Lingotto Investment Management LLP 0.32% of their portfolio London, X0 145,000145.0k $4.5m $4.5m 0.32% Reduced -354.3k -354,315
80 RPg Family Wealth Advisory, LLC 2.43% of their portfolio BURLINGTON, MA 141,877141.9k $4.4m $4.4m 2.43% Added +90.5k +90,547
81 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.57% of their portfolio NEW YORK, NY 139,916139.9k $4.4m $4.4m 0.57% Added +67.2k +67,192
82 Lighthouse Investment Partners, LLC 0.37% of their portfolio Palm Beach Gardens, FL 135,000135.0k $4.2m $4.2m 0.37% New
83 Cutler Group LLC / CA 0.62% of their portfolio SAN FRANCISCO, CA 126,924126.9k $4.0m $4.0m 0.62% Added +44.3k +44,349
84 Banque Cantonale Vaudoise 0.17% of their portfolio LAUSANNE, V8 113,173113.2k $3.5m $3.5m 0.17% Reduced -230 -230
85 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 104,692104.7k $3.3m $3.3m 0.02% Reduced -3.1k -3,091
86 White Pine Investment CO 1.16% of their portfolio LIVONIA, MI 103,948103.9k $3.2m $3.2m 1.16% Reduced -11.2k -11,236
87 Yahav Achim Ve Achayot - Provident Funds Management Co Ltd. 3.07% of their portfolio TEL-AVIV, L3 98,36598.4k $3.1m $3.1m 3.07% Unchanged
88 Yarbrough Capital, LLC 0.23% of their portfolio FRANKLIN, TN 92,37992.4k $2.9m $2.9m 0.23% Unchanged
89 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 88,68988.7k $2.8m $2.8m 0.01% Added +11.7k +11,712
90 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 87,50287.5k $2.7m $2.7m 0.01% Added +54.8k +54,792
91 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 85,13085.1k $2.7m $2.7m 0.00% Reduced -184.4k -184,446
92 CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio PARIS, I0 84,02984.0k $2.6m $2.6m 0.05% New
93 Sterneck Capital Management, LLC 1.65% of their portfolio KANSAS CITY, MO 84,00884.0k $2.6m $2.6m 1.65% Added +2.8k +2,817
94 Allen Investment Management, LLC 0.04% of their portfolio NEW YORK, NY 81,32081.3k $2.5m $2.5m 0.04% Unchanged
95 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 81,25181.3k $2.5m $2.5m 0.01% Added +13.4k +13,393
96 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 78,27678.3k $2.4m $2.4m 0.01% Reduced -2.6k -2,572
97 CLOUGH CAPITAL PARTNERS L P 0.26% of their portfolio Boston, MA 77,50077.5k $2.4m $2.4m 0.26% New
98 Pine Valley Investments Ltd Liability Co 0.29% of their portfolio MARLTON, NJ 71,37371.4k $1.9m $1.9m 0.29% First filing
99 Mariner, LLC 0.01% of their portfolio Overland Park, KS 69,39469.4k $2.2m $2.2m 0.01% Added +49.2k +49,180
100 Cypress Capital Management LLC (WY) 2.51% of their portfolio SHERIDAN, WY 68,77368.8k $2.1m $2.1m 2.51% Added +43.3k +43,319