Invesco KBW Bank ETF
KBWB
56 hedge funds and large institutions have $406M invested in Invesco KBW Bank ETF in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 10 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
46% more capital invested
Capital invested by funds: $278M → $406M (+$128M)
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
8% more funds holding
Funds holding: 52 → 56 (+4)
0.72% less ownership
Funds ownership: 66.21% → 65.49% (-0.72%)
46% less call options, than puts
Call options by funds: $388K | Put options by funds: $714K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$13.2M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$11.7M |
| 3 |
LPL Financial
San Diego,
California
|
+$9.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.43M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.17M |
| 3 |
JP Morgan Chase
New York
|
-$998K |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$818K |
| 5 |
Jane Street
New York
|
-$694K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $56K | +$44.3K | +1,045 | +746% |
|
52
Wells Fargo
San Francisco,
California
| $51K | – | – | – |
|
|
SF
53
Synovus Financial
Columbus,
Georgia
| $17K | – | – | – |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| $14K | – | – | – |
|
|
EA
55
Edge Advisors
Atlanta,
Georgia
| $12K | +$11K | +260 | New |
|
|
56
JP Morgan Chase
New York
| – | -$998K | -27,355 | Closed |
|
|
57
Jane Street
New York
| – | -$694K | -19,015 | Closed |
|
58
SG Americas Securities
New York
| – | -$255K | -6,991 | Closed |
|
|
TSS
59
Two Sigma Securities
New York
| – | -$210K | -5,761 | Closed |
|
|
WIC
60
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$91K | -2,500 | Closed |
|
|
FANJ
61
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$48K | -1,320 | Closed |
|
62
Walleye Trading
New York
| – | -$29K | -794 | Closed |
|
|
BGIM
63
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$13K | -340 | Closed |
|
|
CWM
64
Concert Wealth Management
San Jose,
California
| – | -$4K | -174 | Closed |
|
65
Mariner
Overland Park,
Kansas
| – | -$4K | -110 | Closed |
|
KBWB Hedge Fund Activity: Q4 2016 in Review
56 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2016, worth a combined $406M — up 46% from $278M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KBWB positions and 10 closed out — a net gain of 4 holders — while 22 added to existing stakes and 9 trimmed.
The largest buyer was Xponance, opening a new position worth an estimated $13.2M. The largest seller was Morgan Stanley, cutting an estimated $27M.
- 56 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2016, up from 52 in Q3 2016.
- Funds reported $406M of Invesco KBW Bank ETF stock for Q4 2016, up 46% quarter-over-quarter.
- 14 funds opened new Invesco KBW Bank ETF positions in Q4 2016 and 10 closed out, a net change of +4 holders.
- The largest Invesco KBW Bank ETF buyer in Q4 2016 was Xponance, an estimated $13.2M added.
- The largest Invesco KBW Bank ETF seller in Q4 2016 was Morgan Stanley, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2016.