Invesco KBW Bank ETF
KBWB
300 hedge funds and large institutions have $3.81B invested in Invesco KBW Bank ETF in 2026 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 101 increasing their positions, 100 reducing their positions, and 55 closing their positions.
3.38% more ownership
Funds ownership: 75.61% → 78.99% (+3.4%)
1% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 100
3% less call options, than puts
Call options by funds: $88.4M | Put options by funds: $91.1M
5% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 55
3% less funds holding
Funds holding: 309 → 300 (-9)
17% less capital invested
Capital invested by funds: $4.59B → $3.81B (-$781M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$90.3M |
| 2 |
TAS
TIFF Advisory Services
Radnor,
Pennsylvania
|
+$43.7M |
| 3 |
Morgan Stanley
New York
|
+$41.1M |
| 4 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$32.5M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$295M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$78.6M |
| 3 |
JP Morgan Chase
New York
|
-$75.6M |
| 4 |
Temasek Holdings
Singapore
|
-$73.9M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$71.3M |
KBWB Hedge Fund Activity: Q1 2026 in Review
300 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2026, worth a combined $3.81B — down 17% from $4.59B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of KBWB and 52 opened new positions — a net loss of 3 holders — while 100 trimmed existing stakes and 101 added.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $90.3M. The largest seller was Menora Mivtachim Holdings, cutting an estimated $295M.
- 300 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2026, down from 309 in Q4 2025.
- Funds reported $3.81B of Invesco KBW Bank ETF stock for Q1 2026, down 17% quarter-over-quarter.
- 52 funds opened new Invesco KBW Bank ETF positions in Q1 2026 and 55 closed out, a net change of -3 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2026 was Two Sigma Investments, an estimated $90.3M added.
- The largest Invesco KBW Bank ETF seller in Q1 2026 was Menora Mivtachim Holdings, an estimated $295M sold.
Based on aggregated 13F filings for Q1 2026.