Invesco KBW Bank ETF
KBWB
48 hedge funds and large institutions have $175M invested in Invesco KBW Bank ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 13 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
11% less funds holding
Funds holding: 54 → 48 (-6)
11.49% less ownership
Funds ownership: 65.05% → 53.57% (-11%)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
46% less capital invested
Capital invested by funds: $326M → $175M (-$151M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Accredited Investors
Edina,
Minnesota
|
+$16.5M |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$14.2M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$7.5M |
| 4 |
VF
Virtu Financial
New York
|
+$2.21M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$102M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$24.2M |
| 3 |
Morgan Stanley
New York
|
-$14.4M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.78M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$5.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$5.26M | -140,034 | Closed |
|
|
JCM
52
Janney Capital Management
Pittsburgh,
Pennsylvania
| – | -$1.5M | -39,998 | Closed |
|
53
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$717K | -19,062 | Closed |
|
|
CCM
54
Condor Capital Management
Martinsville,
New Jersey
| – | -$317K | -8,443 | Closed |
|
|
CTA
55
Chesley Taft & Associates
Chicago,
Illinois
| – | -$286K | -7,600 | Closed |
|
|
S
56
SignatureFD
Atlanta,
Georgia
| – | -$189K | -5,037 | Closed |
|
|
HI
57
Hudock Inc
Williamsport,
Pennsylvania
| – | -$19K | -525 | Closed |
|
|
WAS
58
Winch Advisory Services
Appleton,
Wisconsin
| – | -$15K | -388 | Closed |
|
|
AWMS
59
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$14K | -375 | Closed |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| – | -$6K | -163 | Closed |
|
KBWB Hedge Fund Activity: Q1 2016 in Review
48 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2016, worth a combined $175M — down 46% from $326M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KBWB and 7 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Accredited Investors, opening a new position worth an estimated $16.5M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $102M sold.
- 48 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2016, down from 54 in Q4 2015.
- Funds reported $175M of Invesco KBW Bank ETF stock for Q1 2016, down 46% quarter-over-quarter.
- 7 funds opened new Invesco KBW Bank ETF positions in Q1 2016 and 13 closed out, a net change of -6 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2016 was Accredited Investors, an estimated $16.5M added.
- The largest Invesco KBW Bank ETF seller in Q1 2016 was RiverFront Investment Group, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2016.