Vault-13

KRANESHARES TRUST KWEB

CSI CHI INTERNET · ETP · CUSIP 500767306

272 institutional holders +9 vs Q1 2024
107,683,266107.7m shares reported held*
$2.9bnreported value*
48 new 82 added 94 reduced 40 sold out net sold ≈ $615.0m (-22.8m 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 ($364.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $27.03. Options: 46 managers hold calls ($1.8bn notional), 26 hold puts ($878.7m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 263Q4 22: 271Q1 23: 288Q2 23: 258Q3 23: 283Q4 23: 290Q1 24: 263Q2 24: 272272Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022263
Q4 2022271
Q1 2023288
Q2 2023258
Q3 2023283
Q4 2023290
Q1 2024263
Q2 2024272

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 outQ2 23: 97 bought or addedQ2 23: 170 cut or sold outQ2 23Q3 23: 139 bought or addedQ3 23: 123 cut or sold outQ4 23: 126 bought or addedQ4 23: 148 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 159 cut or sold outQ2 24: 130 bought or addedQ2 24: 134 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022133157
Q1 2023166133
Q2 202397170
Q3 2023139123
Q4 2023126148
Q1 2024134159
Q2 2024130134

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ3 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 0.27Q2 24 calls: $1.8bnQ2 24 puts: $878.7mQ2 24P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2023$1.9bn$579.7m0.30
Q4 2023$2.3bn$482.7m0.21
Q1 2024$2.2bn$594.1m0.27
Q2 2024$1.8bn$878.7m0.48

Biggest buyers

JANE STREET GROUP, LLC Added +4,029,847+4.0m
Parallax Volatility Advisers, L.P. Added +1,535,782+1.5m
OLD MISSION CAPITAL LLC Added +1,481,782+1.5m
Slate Path Capital LP Added +1,151,000+1.2m
GOLDMAN SACHS GROUP INC Added +1,109,491+1.1m
BANK OF NOVA SCOTIA Added +1,104,998+1.1m
APPALOOSA LP Added +1,015,000+1.0m
Centiva Capital, LP New +966,435+966.4k
CAPITAL FUND MANAGEMENT S.A. Added +790,853+790.9k
DRW Securities, LLC New +727,375+727.4k

Biggest sellers

MORGAN STANLEY Reduced -15,052,997-15.1m
JPMORGAN CHASE & CO Reduced -3,940,114-3.9m
Capitolis Liquid Global Markets LLC Reduced -3,677,800-3.7m
BNP PARIBAS FINANCIAL MARKETS Reduced -3,517,218-3.5m
UBS Group AG Reduced -2,861,804-2.9m
COATUE MANAGEMENT LLC Sold out -2,332,408-2.3m
Alaska Permanent Fund Corp Reduced -2,175,557-2.2m
SIMPLEX TRADING, LLC Reduced -1,092,007-1.1m
Tekne Capital Management, LLC Sold out -1,000,000-1.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -914,248-914.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $267.4m9.9m shares
CITADEL ADVISORS LLC Reduced $179.0m6.6m shares
JPMORGAN CHASE & CO Added $154.3m5.7m shares
UBS Group AG Reduced $152.0m5.6m shares
Parallax Volatility Advisers, L.P. Added $137.3m5.1m shares
JANE STREET GROUP, LLC Reduced $131.6m4.9m shares
GOLDMAN SACHS GROUP INC Reduced $85.3m3.2m shares
SIMPLEX TRADING, LLC Reduced $80.1m3.0m shares
NOMURA HOLDINGS INC Added $76.9m2.8m shares
Walleye Trading LLC Added $72.8m2.7m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $164.1m6.1m shares
Parallax Volatility Advisers, L.P. Added $112.8m4.2m shares
CITADEL ADVISORS LLC Added $111.7m4.1m shares
UBS Group AG Added $89.8m3.3m shares
Walleye Trading LLC Reduced $66.3m2.5m shares
Squarepoint Ops LLC Added $52.5m1.9m shares
BANK OF AMERICA CORP /DE/ Added $42.9m1.6m shares
NOMURA HOLDINGS INC Added $39.2m1.4m shares
CITIGROUP INC Added $29.7m1.1m shares
GOLDMAN SACHS GROUP INC Added $29.2m1.1m 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.35% of their portfolio NEW YORK, NY 11,972,71412.0m $323.5m $323.5m 0.35% Added +4.0m +4,029,847
2 Krane Funds Advisors LLC 7.96% of their portfolio NEW YORK, NY 6,981,5137.0m $188.6m $188.6m 7.96% Added +388.9k +388,900
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,811,7296.8m $184.1m $184.1m 0.01% Reduced -15.1m -15,052,997
4 Alaska Permanent Fund Corp 2.44% of their portfolio JUNEAU, AK 6,204,6126.2m $164.4m $164.4m 2.44% Reduced -2.2m -2,175,557
5 Rafferty Asset Management, LLC 0.54% of their portfolio New York, NY 5,431,9575.4m $146.8m $146.8m 0.54% Reduced -567.0k -566,963
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 5,383,8175.4m $145.5m $145.5m 0.01% Reduced -289.4k -289,358
7 Slate Path Capital LP 2.74% of their portfolio New York, NY 5,015,0375.0m $135.5m $135.5m 2.74% Added +1.2m +1,151,000
8 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 4,639,6534.6m $125.4m $125.4m 0.02% Added +1.1m +1,109,491
9 APPALOOSA LP 1.96% of their portfolio Short Hills, NJ 4,490,0004.5m $121.3m $121.3m 1.96% Added +1.0m +1,015,000
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,165,4403.2m $85.5m $85.5m 0.00% Reduced -3.9m -3,940,114
11 OLD MISSION CAPITAL LLC 2.18% of their portfolio CHICAGO, IL 3,068,8953.1m $82.9m $82.9m 2.18% Added +1.5m +1,481,782
12 BANK OF NOVA SCOTIA 0.16% of their portfolio TORONTO, A6 3,028,8513.0m $81.8m $81.8m 0.16% Added +1.1m +1,104,998
13 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 2,567,1392.6m $69.4m $69.4m 0.03% Reduced -697.8k -697,829
14 UBS Group AG 0.02% of their portfolio ZURICH, V8 2,564,5942.6m $69.3m $69.3m 0.02% Reduced -2.9m -2,861,804
15 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 2,240,4582.2m $60.5m $60.5m 0.06% Reduced -340.6k -340,570
16 Temasek Holdings (Private) Ltd 0.28% of their portfolio SINGAPORE, U0 2,221,8002.2m $60.0m $60.0m 0.28% Added +698.0k +698,000
17 Parallax Volatility Advisers, L.P. 1.10% of their portfolio San Francisco, CA 1,599,4641.6m $43.2m $43.2m 1.10% Added +1.5m +1,535,782
18 University of Illinois Foundation 10.54% of their portfolio CHAMPAIGN, IL 1,115,9371.1m $30.2m $30.2m 10.54% Added +513.4k +513,407
19 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,012,1641.0m $27.3m $27.3m 0.01% Added +1.5k +1,537
20 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 1,010,1491.0m $27.3m $27.3m 0.05% Added +650.9k +650,912
21 SIMPLEX TRADING, LLC 0.85% of their portfolio CHICAGO, IL 981,118981.1k $26.5m $26.5m 0.85% Reduced -1.1m -1,092,007
22 Centiva Capital, LP 1.26% of their portfolio New York, NY 966,435966.4k $26.1m $26.1m 1.26% New
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 940,509940.5k $25.4m $25.4m 0.04% Reduced -914.2k -914,248
24 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 930,200930.2k $25.1m $25.1m 0.01% Added +388.4k +388,376
25 CAPITAL FUND MANAGEMENT S.A. 0.28% of their portfolio PARIS, I0 909,523909.5k $24.6m $24.6m 0.28% Added +790.9k +790,853
26 NAN FUNG TRINITY (HK) LTD 4.98% of their portfolio CENTRAL, HONG KONG, K3 854,400854.4k $23.1m $23.1m 4.98% Reduced -398.9k -398,900
27 GTS SECURITIES LLC 0.46% of their portfolio NEW YORK, NY 823,582823.6k $22.3m $22.3m 0.46% Added +338.5k +338,525
28 Trium Capital LLP 7.61% of their portfolio LONDON, X0 794,455794.5k $21.5m $21.5m 7.61% Reduced -107.3k -107,335
29 DRW Securities, LLC 1.21% of their portfolio CHICAGO, IL 727,375727.4k $19.7m $19.7m 1.21% New
30 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 708,835708.8k $22.9m $22.9m 0.01% Reduced -189.3k -189,314
31 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 700,683700.7k $19.0m $19.0m 0.03% Added +378.4k +378,433
32 TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio STAMFORD, CT 654,040654.0k $17.7m $17.7m 0.20% Added +561.5k +561,531
33 HRT FINANCIAL LP 0.10% of their portfolio NEW YORK, NY 633,000633.0k $17.1m $17.1m 0.10% Added +482.0k +481,996
34 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 600,000600.0k $16.2m $16.2m 0.04% New
35 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 553,542553.5k $15.0m $15.0m 0.01% Reduced -17.4k -17,446
36 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 487,751487.8k $13.2m $13.2m 0.01% Reduced -3.5m -3,517,218
37 Mandatum Life Insurance Co Ltd 4.37% of their portfolio HELSINKI, H9 482,717482.7k $13.0m $13.0m 4.37% Reduced -506.9k -506,894
38 Kapitalo Investimentos Ltda 3.74% of their portfolio SAO PAULO, D5 460,500460.5k $12.4m $12.4m 3.74% Unchanged
39 Quadrature Capital Ltd 0.21% of their portfolio LONDON, X0 453,315453.3k $12.3m $12.3m 0.21% Added +104.2k +104,169
40 Praetorian PR LLC 4.22% of their portfolio RINCON, PR 425,000425.0k $11.5m $11.5m 4.22% New
41 BlueCrest Capital Management Ltd 1.97% of their portfolio ST HELIER, Y9 416,000416.0k $11.2m $11.2m 1.97% New
42 STRS OHIO 0.04% of their portfolio COLUMBUS, OH 384,600384.6k $10.4m $10.4m 0.04% Unchanged
43 Simplicity Wealth,LLC 0.22% of their portfolio SUMMIT, NJ 359,299359.3k $9.7m $9.7m 0.22% Reduced -5.4k -5,397
44 Bleakley Financial Group, LLC 0.28% of their portfolio PARSIPPANY, NJ 359,299359.3k $9.7m $9.7m 0.28% Reduced -5.4k -5,397
45 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 348,111348.1k $9.4m $9.4m 0.01% Added +82.6k +82,626
46 WOLVERINE TRADING, LLC 0.15% of their portfolio CHICAGO, IL 339,463339.5k $9.2m $9.2m 0.15% Reduced -181.3k -181,320
47 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 331,482331.5k $9.0m $9.0m 0.01% Added +104.6k +104,623
48 Maytree Asset Management Ltd 9.39% of their portfolio HONG KONG, K3 330,600330.6k $8.9m $8.9m 9.39% New
49 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 329,873329.9k $8.9m $8.9m 0.01% Reduced -56.6k -56,562
50 NewEdge Wealth, LLC 0.18% of their portfolio STAMFORD, CT 306,227306.2k $8.3m $8.3m 0.18% Added +41.9k +41,938
51 IMC-Chicago, LLC 0.24% of their portfolio CHICAGO, IL 275,675275.7k $7.4m $7.4m 0.24% Reduced -132.1k -132,053
52 CAXTON ASSOCIATES LP 0.27% of their portfolio NEW YORK, NY 259,367259.4k $7.0m $7.0m 0.27% New
53 Corecam Pte. Ltd. 5.19% of their portfolio SINGAPORE, U0 257,000257.0k $6.9m $6.9m 5.19% Added +5.9k +5,900
54 Banco BTG Pactual S.A. 1.72% of their portfolio RIO DE JANEIRO, D5 253,172253.2k $6.7m $6.7m 1.72% Added +207.0k +207,022
55 Walleye Capital LLC 0.07% of their portfolio NEW YORK, NY 245,948245.9k $6.6m $6.6m 0.07% Reduced -262.6k -262,634
56 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 243,931243.9k $6.6m $6.6m 0.02% Reduced -24.3k -24,314
57 PING CAPITAL MANAGEMENT, INC. 3.91% of their portfolio NEW YORK, NY 231,000231.0k $6.2m $6.2m 3.91% First filing
58 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 228,229228.2k $6.2m $6.2m 0.01% Reduced -31.2k -31,188
59 Capitolis Liquid Global Markets LLC 0.07% of their portfolio NEW YORK, NY 214,000214.0k $5.8m $5.8m 0.07% Reduced -3.7m -3,677,800
60 GenTrust, LLC 0.31% of their portfolio MIAMI, FL 211,980212.0k $5.7m $5.7m 0.31% New
61 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 204,078204.1k $5.5m $5.5m 0.01% Added +81.9k +81,888
62 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.09% of their portfolio BOSTON, MA 199,829199.8k $5.4m $5.4m 0.09% Added +87.1k +87,064
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 198,556198.6k $5.4m $5.4m 0.01% Added +9.6k +9,635
64 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 194,993195.0k $5.3m $5.3m 0.01% Added +66.3k +66,303
65 LHM, INC. 2.18% of their portfolio Sandy, UT 190,910190.9k $5.2m $5.2m 2.18% Added +110.8k +110,810
66 AGUR PROVIDENT & TRAINING FUNDS MANAGEMENT LTD 1.43% of their portfolio TEL AVIV, L3 184,000184.0k $5.0m $5.0m 1.43% Unchanged
67 ALTFEST L J & CO INC 0.65% of their portfolio NEW YORK, NY 176,617176.6k $4.8m $4.8m 0.65% Reduced -72.3k -72,259
68 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 173,590173.6k $4.7m $4.7m 0.00% Reduced -22.5k -22,454
69 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 165,684165.7k $4.5m $4.5m 0.01% Added +17.8k +17,797
70 Pekin Hardy Strauss, Inc. 0.60% of their portfolio CHICAGO, IL 162,270162.3k $4.4m $4.4m 0.60% Added +90.5k +90,505
71 OPTIMAS CAPITAL Ltd 4.57% of their portfolio CENTRAL, K3 161,000161.0k $4.0m $4.0m 4.57% New
72 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 154,936154.9k $4.2m $4.2m 0.02% Reduced -605.7k -605,700
73 Sterneck Capital Management, LLC 1.88% of their portfolio KANSAS CITY, MO 122,782122.8k $3.3m $3.3m 1.88% Added +30.5k +30,468
74 RPg Family Wealth Advisory, LLC 1.07% of their portfolio BURLINGTON, MA 120,134120.1k $3.2m $3.2m 1.07% Added +7.8k +7,755
75 GROUP ONE TRADING LLC 0.10% of their portfolio CHICAGO, IL 119,915119.9k $3.2m $3.2m 0.10% Reduced -326.0k -326,011
76 BLUE SQUARE ASSET MANAGEMENT, LLC 1.80% of their portfolio NEW YORK, NY 114,586114.6k $3.1m $3.1m 1.80% Added +5.7k +5,657
77 SYON CAPITAL LLC 0.28% of their portfolio SAN FRANCISCO, CA 112,168112.2k $3.0m $3.0m 0.28% Added +204 +204
78 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 111,941111.9k $3.0m $3.0m 0.02% Reduced -7.3k -7,287
79 Stamos Capital Partners, L.P. 0.63% of their portfolio Menlo Park, CA 109,830109.8k $3.0m $3.0m 0.63% Reduced -13.4k -13,440
80 Lingotto Investment Management LLP 0.09% of their portfolio London, X0 100,000100.0k $2.7m $2.7m 0.09% Reduced -91.0k -91,000
81 Rye Brook Capital LLC 3.46% of their portfolio GREENWICH, CT 97,40097.4k $2.6m $2.6m 3.46% New
82 Capital Investment Counsel, Inc 0.40% of their portfolio RALEIGH, NC 97,35797.4k $2.6m $2.6m 0.40% Added +23.5k +23,543
83 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 94,82094.8k $2.6m $2.6m 0.00% Added +24.4k +24,420
84 Summit Trail Advisors, LLC 0.07% of their portfolio NEW YORK, NY 91,85091.8k $2.5m $2.5m 0.07% Added +185 +185
85 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 86,48786.5k $2.4m $2.4m 0.00% Added +9.4k +9,395
86 Snowden Capital Advisors LLC 0.07% of their portfolio New York, NY 85,87685.9k $2.3m $2.3m 0.07% New
87 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 85,38985.4k $2.3m $2.3m 0.00% Reduced -370.6k -370,601
88 Mount Lucas Management LP 0.81% of their portfolio Newtown, PA 85,00085.0k $2.3m $2.3m 0.81% Reduced -90.0k -90,000
89 Maven Securities LTD 0.35% of their portfolio ST HELIER, Y9 83,56083.6k $2.3m $2.3m 0.35% Reduced -23.1k -23,073
90 Phoenix Financial Ltd. 0.03% of their portfolio Givatayim, L3 83,14483.1k $2.2m $2.2m 0.03% Added +25.2k +25,212
91 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 80,50580.5k $2.2m $2.2m 0.00% Reduced -6.2k -6,219
92 Banque Cantonale Vaudoise 0.08% of their portfolio LAUSANNE, V8 77,46377.5k $2.1m $2.1m 0.08% Reduced -4.1k -4,100
93 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 77,39277.4k $2.1m $2.1m 0.01% Added +5.8k +5,756
94 Global Endowment Management, LP 0.20% of their portfolio CHARLOTTE, NC 69,20069.2k $1.9m $1.9m 0.20% Reduced -5.8k -5,800
95 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 66,65066.7k $1.8m $1.8m 0.01% Unchanged
96 TITAN GLOBAL CAPITAL MANAGEMENT USA LLC 0.29% of their portfolio NEW YORK, NY 66,25466.3k $1.8m $1.8m 0.29% Reduced -629 -629
97 Viewpoint Capital Management LLC 1.06% of their portfolio SEATTLE, WA 63,91963.9k $1.7m $1.7m 1.06% Added +1.7k +1,710
98 Tamar Securities, LLC 0.25% of their portfolio Woodland Hills, CA 57,65257.7k $1.6m $1.6m 0.25% Added +3.1k +3,071
99 CREDIT AGRICOLE S A 0.01% of their portfolio Montrouge Cedex, I0 55,02355.0k $1.5m $1.5m 0.01% Added +15.0k +15,019
100 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 51,97952.0k $1.4m $1.4m 0.00% Added +10.1k +10,072