We are live on ! Find out more
KBWB icon

Invesco KBW Bank ETF

309 hedge funds and large institutions have $4.59B invested in Invesco KBW Bank ETF in 2025 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $94.5M | Put options by funds: $28.2M

177% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 31

25% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 77

19% more funds holding

Funds holding: 260309 (+49)

2% more capital invested

Capital invested by funds: $4.48B → $4.59B (+$108M)

10.3% less ownership

Funds ownership: 85.92%75.61% (-10%)

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
309
Holders Change
+49
Holders Change %
+18.85%
% of All Funds
3.76%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
86
Increased
96
Reduced
77
Closed
31
Calls
$94.5M
Puts
$28.2M
Net Calls
+$66.2M
Net Calls Change
+$52.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Qube Research & Technologies (QRT)
26
Qube Research & Technologies (QRT)
United Kingdom
$18.1M +$7.76M +98,111 +85%
RH
27
RFG Holdings
Texas
$16.9M +$75.8K +958 +0.5%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$14.9M +$286K +3,612 +2%
VWM
29
Valley Wealth Managers
New Jersey
$14.1M -$10.6M -134,355 -45%
Cetera Investment Advisers
30
Cetera Investment Advisers
Illinois
$13.1M +$90.6K +1,145 +0.7%
PCMH
31
Polymer Capital Management (HK)
Hong Kong
$12.9M +$12.1M +153,000 New
FIA
32
Foundations Investment Advisors
Arizona
$12.8M -$7.07M -89,369 -37%
Point72 Asset Management
33
Point72 Asset Management
Connecticut
$12.2M +$11.4M +144,493 New
Raymond James Financial
34
Raymond James Financial
Florida
$11.9M -$4.87M -61,517 -30%
GP
35
Guardian Partners
Canada
$11.7M -$35M -442,919 -76%
CAG
36
Csenge Advisory Group
Florida
$11.4M +$2.13M +26,898 +25%
QIM
37
Quantitative Investment Management
Virginia
$9.31M +$8.73M +110,410 New
LBC
38
Lowe Brockenbrough & Co
Virginia
$9.19M -$80.4K -1,016 -0.9%
MCM
39
MKP Capital Management
New York
$8.43M +$7.91M +100,000 New
Marshall Wace
40
Marshall Wace
United Kingdom
$8.16M +$7.66M +96,847 New
WA
41
WP Advisors
California
$7.77M -$25.6K -324 -0.4%
Ameriprise
42
Ameriprise
Minnesota
$7.6M +$1.21M +15,319 +20%
SI
43
Stephens Inc
Arkansas
$7.31M +$393K +4,967 +6%
LJAC
44
L.J. Altfest & Co
New York
$7.06M +$6.63M +83,815 New
WAP
45
Wealthcare Advisory Partners
Pennsylvania
$7.04M +$77K +974 +1%
MIH
46
Meitav Investment House
Israel
$6.87M -$41.8M -528,995 -87%
Bank of New York Mellon
47
Bank of New York Mellon
New York
$6.31M -$347K -4,392 -6%
APA
48
Astoria Portfolio Advisors
New York
$6.04M +$2.68M +33,942 +88%
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$5.88M -$11.3M -142,368 -67%
Jane Street
50
Jane Street
New York
$5.78M +$682K +8,619 +14%

KBWB Hedge Fund Activity: Q4 2025 in Review

309 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2025, worth a combined $4.59B — up 2.4% from $4.48B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new KBWB positions and 31 closed out — a net gain of 55 holders — while 96 added to existing stakes and 77 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $233M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $330M.

  • 309 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2025, up from 260 in Q3 2025.
  • Funds reported $4.59B of Invesco KBW Bank ETF stock for Q4 2025, up 2.4% quarter-over-quarter.
  • 86 funds opened new Invesco KBW Bank ETF positions in Q4 2025 and 31 closed out, a net change of +55 holders.
  • The largest Invesco KBW Bank ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $233M added.
  • The largest Invesco KBW Bank ETF seller in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $330M sold.

Based on aggregated 13F filings for Q4 2025.