KB Financial Group
175 hedge funds and large institutions have $929M invested in KB Financial Group in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 59 increasing their positions, 56 reducing their positions, and 11 closing their positions.
6,476% more call options, than puts
Call options by funds: $3.62M | Put options by funds: $55K
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
11% more funds holding
Funds holding: 158 → 175 (+17)
10% more capital invested
Capital invested by funds: $843M → $929M (+$86.2M)
5% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 56
0.68% more ownership
Funds ownership: 5.63% → 6.31% (+0.68%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| 1 |
Lazard Asset Management
New York
|
+$48.4M |
| 2 |
BlackRock
New York
|
+$23.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.07M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.17M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.81M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$7.31M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.42M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.25M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
176
Schonfeld Strategic Advisors
New York
| – | -$572K | -15,700 | Closed |
|
177
Group One Trading
Chicago,
Illinois
| – | -$456K | -12,368 | Closed |
|
|
YIH
178
Y-Intercept (HK)
Hong Kong
| – | -$443K | -12,158 | Closed |
|
|
DTL
179
Dynamic Technology Lab
Singapore
| – | -$382K | -10,493 | Closed |
|
180
Simplex Trading
Chicago,
Illinois
| – | -$288K | -7,807 | Closed |
|
|
SSC
181
Syverson Strege & Co
West Des Moines,
Iowa
| – | -$11.9K | -326 | Closed |
|
|
SC
182
Schubert & Co
Mckinney,
Texas
| – | -$7.14K | -196 | Closed |
|
|
ASN
183
Advisory Services Network
Atlanta,
Georgia
| – | -$6.7K | -184 | Closed |
|
|
JIR
184
James Investment Research
Alpha,
Ohio
| – | -$3K | -73 | Closed |
|
|
CFB
185
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$2.48K | -68 | Closed |
|
|
TPCW
186
TD Private Client Wealth
New York
| – | -$1.82K | -50 | Closed |
|
KB Hedge Fund Activity: Q2 2023 in Review
175 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in KB Financial Group (KB) for Q2 2023, worth a combined $929M — up 10% from $843M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KB positions and 11 closed out — a net gain of 17 holders — while 59 added to existing stakes and 56 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $48.4M. The largest seller was Goldman Sachs, cutting an estimated $7.31M.
- 175 institutional investors held KB Financial Group (KB) as of Q2 2023, up from 158 in Q1 2023.
- Funds reported $929M of KB Financial Group stock for Q2 2023, up 10% quarter-over-quarter.
- 28 funds opened new KB Financial Group positions in Q2 2023 and 11 closed out, a net change of +17 holders.
- The largest KB Financial Group buyer in Q2 2023 was Lazard Asset Management, an estimated $48.4M added.
- The largest KB Financial Group seller in Q2 2023 was Goldman Sachs, an estimated $7.31M sold.
Based on aggregated 13F filings for Q2 2023.