Invesco KBW Bank ETF
KBWB
76 hedge funds and large institutions have $482M invested in Invesco KBW Bank ETF in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 4 closing their positions.
500% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 4
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
36% more funds holding
Funds holding: 56 → 76 (+20)
19% more capital invested
Capital invested by funds: $406M → $482M (+$75.9M)
11.94% more ownership
Funds ownership: 65.49% → 77.42% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
12% less call options, than puts
Call options by funds: $627K | Put options by funds: $711K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$19.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$19.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$14.6M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$6.72M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$8.07M |
| 2 |
Morgan Stanley
New York
|
-$4.67M |
| 3 |
JG
Jefferies Group
New York
|
-$1.47M |
| 4 |
VF
Virtu Financial
New York
|
-$1.31M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$960K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
76
Jefferies Group
New York
| – | -$1.47M | -31,000 | Closed |
|
|
CRC
77
Curi RMB Capital
Chicago,
Illinois
| – | -$321K | -6,800 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$256K | -5,302 | Closed |
|
|
BHB
79
Bank Hapoalim BM
Tel Aviv,
Israel
| – | -$222K | -4,700 | Closed |
|
KBWB Hedge Fund Activity: Q1 2017 in Review
76 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2017, worth a combined $482M — up 19% from $406M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new KBWB positions and 4 closed out — a net gain of 20 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $19.6M. The largest seller was Miller Investment Management, cutting an estimated $8.07M.
- 76 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2017, up from 56 in Q4 2016.
- Funds reported $482M of Invesco KBW Bank ETF stock for Q1 2017, up 19% quarter-over-quarter.
- 24 funds opened new Invesco KBW Bank ETF positions in Q1 2017 and 4 closed out, a net change of +20 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2017 was Credit Suisse, an estimated $19.6M added.
- The largest Invesco KBW Bank ETF seller in Q1 2017 was Miller Investment Management, an estimated $8.07M sold.
Based on aggregated 13F filings for Q1 2017.