Invesco KBW Bank ETF
KBWB
69 hedge funds and large institutions have $491M invested in Invesco KBW Bank ETF in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 17 closing their positions.
2% more capital invested
Capital invested by funds: $482M → $491M (+$9.76M)
9% less funds holding
Funds holding: 76 → 69 (-7)
14% less call options, than puts
Call options by funds: $350K | Put options by funds: $405K
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
22.99% less ownership
Funds ownership: 77.42% → 54.43% (-23%)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Nottingham Advisors
Amherst,
New York
|
+$12.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.66M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$14.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.8M |
| 3 |
X
Xponance
Philadelphia,
Pennsylvania
|
-$4.94M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.81M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
76
Two Sigma Securities
New York
| – | -$402K | -8,459 | Closed |
|
|
VF
77
Virtu Financial
New York
| – | -$339K | -7,134 | Closed |
|
78
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$314K | -6,600 | Closed |
|
|
RC
79
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$236K | -4,960 | Closed |
|
|
PAG
80
Private Advisor Group
Morristown,
New Jersey
| – | -$210K | -4,487 | Closed |
|
81
Walleye Trading
New York
| – | -$178 | -3,745 | Closed |
|
|
NFG
82
Next Financial Group
Houston,
Texas
| – | -$14K | -300 | Closed |
|
83
Simplex Trading
Chicago,
Illinois
| – | -$13K | -288 | Closed |
|
84
SEI Investments
Oaks,
Pennsylvania
| – | -$6K | -137 | Closed |
|
85
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$6K | -131 | Closed |
|
KBWB Hedge Fund Activity: Q2 2017 in Review
69 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q2 2017, worth a combined $491M — up 2% from $482M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of KBWB and 10 opened new positions — a net loss of 7 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Nottingham Advisors, opening a new position worth an estimated $12.3M. The largest seller was Psagot Value Holdings, cutting an estimated $14.8M.
- 69 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q2 2017, down from 76 in Q1 2017.
- Funds reported $491M of Invesco KBW Bank ETF stock for Q2 2017, up 2% quarter-over-quarter.
- 10 funds opened new Invesco KBW Bank ETF positions in Q2 2017 and 17 closed out, a net change of -7 holders.
- The largest Invesco KBW Bank ETF buyer in Q2 2017 was Nottingham Advisors, an estimated $12.3M added.
- The largest Invesco KBW Bank ETF seller in Q2 2017 was Psagot Value Holdings, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2017.