Invesco KBW Bank ETF
KBWB
88 hedge funds and large institutions have $324M invested in Invesco KBW Bank ETF in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 39 reducing their positions, and 13 closing their positions.
4.99% less ownership
Funds ownership: 64.8% → 59.81% (-5%)
6% less funds holding
Funds holding: 94 → 88 (-6)
27% less capital invested
Capital invested by funds: $444M → $324M (-$120M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
62% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 39
Top Buyers
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.6M |
| 2 |
NA
Nottingham Advisors
Amherst,
New York
|
+$3.62M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.31M |
| 4 |
Two Sigma Advisers
New York
|
+$1.4M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$1.24M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$46.5M |
| 2 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$33.7M |
| 3 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$20.9M |
| 4 |
Morgan Stanley
New York
|
-$11.8M |
| 5 |
CG
Colony Group
Boston,
Massachusetts
|
-$10.9M |
KBWB Hedge Fund Activity: Q1 2019 in Review
88 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2019, worth a combined $324M — down 27% from $444M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KBWB and 8 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 15 added.
The largest buyer was BB&T Securities, adding an estimated $7.6M. The largest seller was Goldman Sachs, cutting an estimated $46.5M.
- 88 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2019, down from 94 in Q4 2018.
- Funds reported $324M of Invesco KBW Bank ETF stock for Q1 2019, down 27% quarter-over-quarter.
- 8 funds opened new Invesco KBW Bank ETF positions in Q1 2019 and 13 closed out, a net change of -5 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2019 was BB&T Securities, an estimated $7.6M added.
- The largest Invesco KBW Bank ETF seller in Q1 2019 was Goldman Sachs, an estimated $46.5M sold.
Based on aggregated 13F filings for Q1 2019.