Invesco KBW Bank ETF
KBWB
34 hedge funds and large institutions have $173M invested in Invesco KBW Bank ETF in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
13% more funds holding
Funds holding: 30 → 34 (+4)
7% more capital invested
Capital invested by funds: $162M → $173M (+$11M)
6.92% less ownership
Funds ownership: 63.88% → 56.96% (-6.9%)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$6.65M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$6.65M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$4.87M |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$3.95M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$923K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.87M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$5.06M |
| 3 |
VF
Virtu Financial
New York
|
-$1.53M |
| 4 |
SG Americas Securities
New York
|
-$1.14M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$355K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $117K | +$1.68K | +46 | +1% |
|
|
DBT
27
Dubuque Bank & Trust
Dubuque,
Iowa
| $95K | +$94.4K | +2,580 | New |
|
|
IPC
28
Independent Portfolio Consultants
Boca Raton,
Florida
| $82K | +$82K | +2,240 | New |
|
|
MHS
29
M Holdings Securities
Portland,
Oregon
| $40K | +$39.7K | +1,084 | New |
|
30
Creative Planning
Overland Park,
Kansas
| $29K | +$29.3K | +801 | New |
|
|
WA
31
Waverly Advisors
Birmingham,
Alabama
| $25K | +$10.7K | +293 | +77% |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| $4K | +$1.46K | +40 | +54% |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $2K | -$47.4K | -1,295 | -96% |
|
34
Citigroup
New York
| $1K | -$79.3K | -2,166 | -99% |
|
|
VF
35
Virtu Financial
New York
| – | -$1.53M | -41,812 | Closed |
|
|
CGT
36
Capital Guardian Trust
Los Angeles,
California
| – | -$55K | -1,500 | Closed |
|
37
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -90 | Closed |
|
KBWB Hedge Fund Activity: Q3 2014 in Review
34 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2014, worth a combined $173M — up 6.8% from $162M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KBWB positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Cornerstone Capital Management Holdings, opening a new position worth an estimated $6.65M. The largest seller was Susquehanna International Group, cutting an estimated $6.87M.
- 34 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2014, up from 30 in Q2 2014.
- Funds reported $173M of Invesco KBW Bank ETF stock for Q3 2014, up 6.8% quarter-over-quarter.
- 7 funds opened new Invesco KBW Bank ETF positions in Q3 2014 and 3 closed out, a net change of +4 holders.
- The largest Invesco KBW Bank ETF buyer in Q3 2014 was Cornerstone Capital Management Holdings, an estimated $6.65M added.
- The largest Invesco KBW Bank ETF seller in Q3 2014 was Susquehanna International Group, an estimated $6.87M sold.
Based on aggregated 13F filings for Q3 2014.