Invesco KBW Bank ETF
KBWB
230 hedge funds and large institutions have $2.81B invested in Invesco KBW Bank ETF in 2025 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 76 increasing their positions, 54 reducing their positions, and 28 closing their positions.
104% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 28
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
29% more call options, than puts
Call options by funds: $16.6M | Put options by funds: $12.9M
15% more capital invested
Capital invested by funds: $2.45B → $2.81B (+$363M)
13% more funds holding
Funds holding: 203 → 230 (+27)
4.83% more ownership
Funds ownership: 70.32% → 75.15% (+4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$360M |
| 2 |
Goldman Sachs
New York
|
+$114M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$111M |
| 4 |
JP Morgan Chase
New York
|
+$105M |
| 5 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$45.6M |
| 2 |
GP
Guardian Partners
Toronto,
Canada
|
-$14.2M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$12.2M |
| 4 |
D.E. Shaw & Co
New York
|
-$12M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$7.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Bank Julius Baer & Co
Zurich,
Switzerland
| – | -$209K | -2,900 | Closed |
|
|
CFGS
252
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$90.2K | -1,290 | Closed |
|
|
TIM
253
Thompson Investment Management
Madison,
Wisconsin
| – | -$54.4K | -833 | Closed |
|
|
SAM
254
Synergy Asset Management
Vancouver,
Washington
| – | -$36K | -615 | Closed |
|
|
AWM
255
Avior Wealth Management
Omaha,
Nebraska
| – | -$10.7K | -164 | Closed |
|
|
VHAM
256
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$6.47K | -99 | Closed |
|
257
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3.86K | -59 | Closed |
|
|
PA
258
PSI Advisors
Tampa,
Florida
| – | -$2.75K | -42 | Closed |
|
|
IA
259
IFP Advisors
Tampa,
Florida
| – | -$588 | -9 | Closed |
|
KBWB Hedge Fund Activity: Q1 2025 in Review
230 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2025, worth a combined $2.81B — up 15% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new KBWB positions and 28 closed out — a net gain of 29 holders — while 76 added to existing stakes and 54 trimmed.
The largest buyer was Bank of America, adding an estimated $360M. The largest seller was Citigroup, cutting an estimated $45.6M.
- 230 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2025, up from 203 in Q4 2024.
- Funds reported $2.81B of Invesco KBW Bank ETF stock for Q1 2025, up 15% quarter-over-quarter.
- 57 funds opened new Invesco KBW Bank ETF positions in Q1 2025 and 28 closed out, a net change of +29 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2025 was Bank of America, an estimated $360M added.
- The largest Invesco KBW Bank ETF seller in Q1 2025 was Citigroup, an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2025.