Vault-13

KRANESHARES TRUST KWEB

CSI CHI INTERNET · ETP · CUSIP 500767306

263 institutional holders -27 vs Q4 2023
132,909,820132.9m shares reported held*
$3.5bnreported value*
52 new 82 added 88 reduced 71 sold out net bought ≈ $349.2m (+13.2m 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 ($311.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.32. Options: 49 managers hold calls ($2.2bn notional), 26 hold puts ($594.1m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 263Q4 22: 271Q1 23: 288Q2 23: 258Q3 23: 283Q4 23: 290Q1 24: 263263Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022263
Q4 2022271
Q1 2023288
Q2 2023258
Q3 2023283
Q4 2023290
Q1 2024263

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 23Q2 23: 97 bought or addedQ2 23: 170 cut or sold outQ2 23Q3 23: 139 bought or addedQ3 23: 123 cut or sold outQ3 23Q4 23: 126 bought or addedQ4 23: 148 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 159 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022133157
Q1 2023166133
Q2 202397170
Q3 2023139123
Q4 2023126148
Q1 2024134159

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ2 23 calls: $1.0bnQ2 23 puts: $289.8mQ2 23P/C 0.28Q3 23 calls: $1.9bnQ3 23 puts: $579.7mQ3 23P/C 0.30Q4 23 calls: $2.3bnQ4 23 puts: $482.7mQ4 23P/C 0.21Q1 24 calls: $2.2bnQ1 24 puts: $594.1mQ1 24P/C 0.27
Numbers
QuarterCallsPutsP/C
Q2 2023$1.0bn$289.8m0.28
Q3 2023$1.9bn$579.7m0.30
Q4 2023$2.3bn$482.7m0.21
Q1 2024$2.2bn$594.1m0.27

Biggest buyers

MORGAN STANLEY Added +7,815,260+7.8m
Capitolis Liquid Global Markets LLC New +3,891,800+3.9m
APPALOOSA LP New +3,475,000+3.5m
JANE STREET GROUP, LLC Added +3,470,684+3.5m
Slate Path Capital LP Added +2,960,700+3.0m
Krane Funds Advisors LLC Added +1,849,205+1.8m
OLD MISSION CAPITAL LLC New +1,587,113+1.6m
Temasek Holdings (Private) Ltd New +1,523,800+1.5m
BARCLAYS PLC Added +1,482,552+1.5m
UBS Group AG Added +1,192,521+1.2m

Biggest sellers

CITIGROUP INC Reduced -2,501,551-2.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,194,621-2.2m
CITADEL ADVISORS LLC Reduced -2,063,916-2.1m
BlueCrest Capital Management Ltd Sold out -1,833,006-1.8m
Rafferty Asset Management, LLC Reduced -1,387,966-1.4m
MEITAV INVESTMENT HOUSE LTD Sold out -1,300,660-1.3m
SYON CAPITAL LLC Reduced -1,277,658-1.3m
D. E. Shaw & Co., Inc. Sold out -1,126,624-1.1m
SOROS FUND MANAGEMENT LLC Sold out -1,092,821-1.1m
GOLDMAN SACHS GROUP INC Reduced -1,076,083-1.1m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $463.9m17.7m shares
JANE STREET GROUP, LLC Added $312.3m11.9m shares
CITADEL ADVISORS LLC Added $227.2m8.7m shares
UBS Group AG Added $226.6m8.6m shares
BANK OF MONTREAL /CAN/ Added $204.4m7.7m shares
GOLDMAN SACHS GROUP INC Added $128.5m4.9m shares
SIMPLEX TRADING, LLC Added $117.6m4.5m shares
Candlestick Capital Management LP New $65.6m2.5m shares
Walleye Trading LLC Added $48.3m1.8m shares
IMC-Chicago, LLC Added $45.0m1.7m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $104.6m4.0m shares
CITADEL ADVISORS LLC Added $100.4m3.8m shares
Walleye Trading LLC Added $75.3m2.9m shares
UBS Group AG Added $72.1m2.7m shares
Parallax Volatility Advisers, L.P. Added $41.4m1.6m shares
NOMURA HOLDINGS INC Added $30.8m1.2m shares
GTS SECURITIES LLC Reduced $24.0m916.1k shares
BANK OF AMERICA CORP /DE/ Reduced $21.0m800.0k shares
CITIGROUP INC New $19.7m750.0k shares
Verition Fund Management LLC New $17.1m650.0k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 21,864,72621.9m $573.9m $573.9m 0.02% Added +7.8m +7,815,260
2 Alaska Permanent Fund Corp 3.24% of their portfolio JUNEAU, AK 8,380,1698.4m $220.0m $220.0m 3.24% Added +982.3k +982,302
3 JANE STREET GROUP, LLC 0.27% of their portfolio NEW YORK, NY 7,942,8677.9m $208.5m $208.5m 0.27% Added +3.5m +3,470,684
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 7,105,5547.1m $186.5m $186.5m 0.01% Added +963.2k +963,234
5 Krane Funds Advisors LLC 7.29% of their portfolio NEW YORK, NY 6,592,6136.6m $177.4m $177.4m 7.29% Added +1.8m +1,849,205
6 Rafferty Asset Management, LLC 0.59% of their portfolio New York, NY 5,998,9206.0m $157.5m $157.5m 0.59% Reduced -1.4m -1,387,966
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,673,1755.7m $148.9m $148.9m 0.01% Added +8.2k +8,209
8 UBS Group AG 0.05% of their portfolio ZURICH, V8 5,426,3985.4m $142.4m $142.4m 0.05% Added +1.2m +1,192,521
9 BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio PARIS, I0 4,004,9694.0m $105.1m $105.1m 0.13% Reduced -183.7k -183,661
10 Capitolis Liquid Global Markets LLC 1.64% of their portfolio NEW YORK, NY 3,891,8003.9m $102.2m $102.2m 1.64% New
11 Slate Path Capital LP 2.01% of their portfolio New York, NY 3,864,0373.9m $101.4m $101.4m 2.01% Added +3.0m +2,960,700
12 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 3,530,1623.5m $92.7m $92.7m 0.02% Reduced -1.1m -1,076,083
13 APPALOOSA LP 1.36% of their portfolio Short Hills, NJ 3,475,0003.5m $91.2m $91.2m 1.36% New
14 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 3,264,9683.3m $85.7m $85.7m 0.04% Added +1.5m +1,482,552
15 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 2,581,0282.6m $67.8m $67.8m 0.07% Reduced -2.5m -2,501,551
16 Segantii Capital Management Ltd 6.35% of their portfolio HONG KONG, K3 2,470,0002.5m $64.9m $64.9m 6.35% Unchanged
17 COATUE MANAGEMENT LLC 0.24% of their portfolio New York, NY 2,332,4082.3m $61.2m $61.2m 0.24% Added +667.6k +667,594
18 SIMPLEX TRADING, LLC 1.59% of their portfolio CHICAGO, IL 2,073,1252.1m $54.4m $54.4m 1.59% Added +191.7k +191,650
19 BANK OF NOVA SCOTIA 0.10% of their portfolio TORONTO, A6 1,923,8531.9m $50.5m $50.5m 0.10% Reduced -62.8k -62,820
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio BALA CYNWYD, PA 1,854,7571.9m $48.7m $48.7m 0.07% Reduced -2.2m -2,194,621
21 OLD MISSION CAPITAL LLC 1.02% of their portfolio CHICAGO, IL 1,587,1131.6m $41.7m $41.7m 1.02% New
22 Temasek Holdings (Private) Ltd 0.22% of their portfolio SINGAPORE, U0 1,523,8001.5m $40.0m $40.0m 0.22% New
23 NAN FUNG TRINITY (HK) LTD 7.48% of their portfolio CENTRAL, HONG KONG, K3 1,253,3001.3m $32.9m $32.9m 7.48% Added +7.9k +7,900
24 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,010,6271.0m $26.5m $26.5m 0.01% Reduced -15.4k -15,422
25 Tekne Capital Management, LLC 7.50% of their portfolio NEW YORK, NY 1,000,0001.0m $26.2m $26.2m 7.50% New
26 Mandatum Life Insurance Co Ltd 8.69% of their portfolio HELSINKI, H9 989,611989.6k $26.0m $26.0m 8.69% Added +17 +17
27 Trium Capital LLP 8.88% of their portfolio LONDON, X0 901,790901.8k $23.7m $23.7m 8.88% Added +385.5k +385,478
28 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 898,149898.1k $23.7m $23.7m 0.01% Added +885.1k +885,060
29 Axim Planning & Wealth 17.12% of their portfolio SPRINGBORO, OH 803,745803.7k $21.1m $21.1m 17.12% Reduced -158.1k -158,050
30 Squarepoint Ops LLC 0.08% of their portfolio NEW YORK, NY 760,636760.6k $20.0m $20.0m 0.08% Added +707.5k +707,509
31 University of Illinois Foundation 5.85% of their portfolio CHAMPAIGN, IL 602,530602.5k $15.8m $15.8m 5.85% New
32 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 570,988571.0k $15.0m $15.0m 0.01% Added +129.5k +129,459
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 541,824541.8k $14.2m $14.2m 0.00% Reduced -129.0k -129,013
34 WOLVERINE TRADING, LLC 0.14% of their portfolio CHICAGO, IL 520,783520.8k $13.7m $13.7m 0.14% Added +43.0k +43,005
35 Walleye Capital LLC 0.15% of their portfolio NEW YORK, NY 508,582508.6k $13.4m $13.4m 0.15% Added +250.3k +250,287
36 GTS SECURITIES LLC 0.34% of their portfolio NEW YORK, NY 485,057485.1k $12.7m $12.7m 0.34% Added +98.5k +98,550
37 KADENSA CAPITAL Ltd 3.32% of their portfolio CENTRAL, K3 465,295465.3k $12.2m $12.2m 3.32% Reduced -397.3k -397,253
38 Kapitalo Investimentos Ltda 2.66% of their portfolio SAO PAULO, D5 460,500460.5k $12.1m $12.1m 2.66% Unchanged
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 455,990456.0k $14.4m $14.4m 0.00% Added +343.8k +343,808
40 GROUP ONE TRADING LLC 0.42% of their portfolio CHICAGO, IL 445,926445.9k $11.7m $11.7m 0.42% Reduced -311.0k -311,014
41 IMC-Chicago, LLC 0.37% of their portfolio CHICAGO, IL 407,728407.7k $10.7m $10.7m 0.37% Reduced -168.8k -168,763
42 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 386,435386.4k $10.1m $10.1m 0.01% Added +170.2k +170,187
43 STRS OHIO 0.04% of their portfolio COLUMBUS, OH 384,600384.6k $10.1m $10.1m 0.04% Unchanged
44 Simplicity Wealth,LLC 0.23% of their portfolio SUMMIT, NJ 364,696364.7k $9.6m $9.6m 0.23% New
45 Bleakley Financial Group, LLC 0.28% of their portfolio PARSIPPANY, NJ 364,696364.7k $9.6m $9.6m 0.28% Added +155.1k +155,088
46 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 359,237359.2k $9.4m $9.4m 0.02% Reduced -534.3k -534,318
47 Walleye Trading LLC 0.15% of their portfolio NEW YORK, NY 357,132357.1k $9.4m $9.4m 0.15% Reduced -51.2k -51,223
48 Quadrature Capital Ltd 0.16% of their portfolio LONDON, X0 349,146349.1k $9.2m $9.2m 0.16% New
49 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 322,250322.2k $9.7m $9.7m 0.02% Reduced -633.4k -633,413
50 ING GROEP NV 0.05% of their portfolio AMSTERDAM, P7 300,000300.0k $7.9m $7.9m 0.05% New
51 Lighthouse Investment Partners, LLC 0.44% of their portfolio Palm Beach Gardens, FL 282,216282.2k $7.4m $7.4m 0.44% New
52 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 268,245268.2k $7.0m $7.0m 0.02% Added +225.4k +225,447
53 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 265,485265.5k $7.0m $7.0m 0.01% Reduced -25.3k -25,336
54 NewEdge Wealth, LLC 0.18% of their portfolio STAMFORD, CT 264,289264.3k $8.0m $8.0m 0.18% Reduced -431.3k -431,341
55 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 259,417259.4k $6.8m $6.8m 0.01% Reduced -1.1m -1,066,506
56 Corecam Pte. Ltd. 6.09% of their portfolio SINGAPORE, U0 251,100251.1k $6.6m $6.6m 6.09% Reduced -10.1k -10,100
57 ALTFEST L J & CO INC 0.93% of their portfolio NEW YORK, NY 248,876248.9k $6.5m $6.5m 0.93% Added +103.9k +103,913
58 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 226,859226.9k $6.0m $6.0m 0.01% Added +10.0k +9,979
59 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 211,290211.3k $5.5m $5.5m 0.01% Reduced -344.2k -344,203
60 Quinn Opportunity Partners LLC 0.59% of their portfolio CHARLOTTESVILLE, VA 199,377199.4k $5.2m $5.2m 0.59% Added +20.0k +20,000
61 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 196,044196.0k $5.1m $5.1m 0.00% Added +67.6k +67,626
62 Lingotto Investment Management LLP 0.21% of their portfolio London, X0 191,000191.0k $5.0m $5.0m 0.21% New
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 188,921188.9k $5.0m $5.0m 0.01% Added +36.9k +36,909
64 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 1.56% of their portfolio TEL AVIV, L3 184,000184.0k $5.1m $5.1m 1.56% Unchanged
65 Mount Lucas Management LP 1.54% of their portfolio Newtown, PA 175,000175.0k $4.6m $4.6m 1.54% Added +75.0k +75,000
66 PEAK6 Investments LLC 0.22% of their portfolio CHICAGO, IL 169,636169.6k $4.5m $4.5m 0.22% Reduced -119.8k -119,801
67 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 151,004151.0k $4.0m $4.0m 0.02% Reduced -219.5k -219,527
68 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 147,887147.9k $3.9m $3.9m 0.01% New
69 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 128,690128.7k $3.4m $3.4m 0.01% Added +7.6k +7,595
70 Stamos Capital Partners, L.P. 0.73% of their portfolio Menlo Park, CA 123,270123.3k $3.2m $3.2m 0.73% Added +49.2k +49,160
71 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 122,190122.2k $3.2m $3.2m 0.00% Unchanged
72 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 119,228119.2k $3.1m $3.1m 0.02% Reduced -11.7k -11,714
73 CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio PARIS, I0 118,670118.7k $3.1m $3.1m 0.04% Reduced -322.1k -322,067
74 Shay Capital LLC 0.88% of their portfolio NEW YORK, NY 115,000115.0k $3.0m $3.0m 0.88% Added +65.0k +65,000
75 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.08% of their portfolio BOSTON, MA 112,765112.8k $3.0m $3.0m 0.08% Reduced -46.7k -46,741
76 RPg Family Wealth Advisory, LLC 0.93% of their portfolio BURLINGTON, MA 112,379112.4k $2.9m $2.9m 0.93% Reduced -512 -512
77 SYON CAPITAL LLC 0.28% of their portfolio SAN FRANCISCO, CA 111,964112.0k $2.9m $2.9m 0.28% Reduced -1.3m -1,277,658
78 BLUE SQUARE ASSET MANAGEMENT, LLC 1.90% of their portfolio NEW YORK, NY 108,929108.9k $2.9m $2.9m 1.90% Added +39.2k +39,153
79 Maven Securities LTD 0.17% of their portfolio ST HELIER, Y9 106,633106.6k $2.8m $2.8m 0.17% Reduced -3.1k -3,068
80 FLOW TRADERS U.S. LLC 0.15% of their portfolio NEW YORK, NY 106,016106.0k $2.8m $2.8m 0.15% New
81 Laurion Capital Management LP 0.08% of their portfolio NEW YORK, NY 106,000106.0k $2.8m $2.8m 0.08% New
82 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 97,39097.4k $2.6m $2.6m 0.00% Reduced -2.1m -2,063,916
83 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 92,50992.5k $2.4m $2.4m 0.03% Reduced -77.0k -77,035
84 Sterneck Capital Management, LLC 1.45% of their portfolio KANSAS CITY, MO 92,31492.3k $2.4m $2.4m 1.45% Added +6.2k +6,161
85 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 91,76291.8k $2.4m $2.4m 0.03% New
86 Summit Trail Advisors, LLC 0.06% of their portfolio NEW YORK, NY 91,66591.7k $2.4m $2.4m 0.06% New
87 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 86,72486.7k $2.3m $2.3m 0.00% Reduced -7.3k -7,266
88 Parametrica Management Ltd 3.26% of their portfolio WANCHAI, K3 86,20086.2k $2.3m $2.3m 3.26% Unchanged
89 Banque Cantonale Vaudoise 0.08% of their portfolio LAUSANNE, V8 81,56381.6k $2.1m $2.1m 0.08% Reduced -20.0k -19,993
90 LHM, INC. 1.49% of their portfolio Sandy, UT 80,10080.1k $2.1m $2.1m 1.49% New
91 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 77,09277.1k $2.0m $2.0m 0.00% Added +48.9k +48,875
92 Global Endowment Management, LP 0.21% of their portfolio CHARLOTTE, NC 75,00075.0k $2.0m $2.0m 0.21% New
93 Capital Investment Counsel, Inc 0.33% of their portfolio RALEIGH, NC 73,81473.8k $1.9m $1.9m 0.33% Reduced -7.6k -7,599
94 Pekin Hardy Strauss, Inc. 0.26% of their portfolio CHICAGO, IL 71,76571.8k $1.9m $1.9m 0.26% Added +3.4k +3,380
95 Vontobel Holding Ltd. 0.02% of their portfolio ZURICH, V8 71,63671.6k $1.9m $1.9m 0.02% Added +14.7k +14,710
96 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 70,40070.4k $1.8m $1.8m 0.00% Reduced -55.9k -55,900
97 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 69,02269.0k $1.8m $1.8m 0.00% Reduced -3.5k -3,524
98 Marathon Trading Investment Management LLC 0.70% of their portfolio RADNOR, PA 67,24867.2k $1.8m $1.8m 0.70% Added +49.0k +49,017
99 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.28% of their portfolio NEW YORK, NY 66,88366.9k $1.8m $1.8m 0.28% Reduced -732 -732
100 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 66,65066.7k $1.7m $1.7m 0.01% Added +29.6k +29,650