Invesco KBW Bank ETF
KBWB
94 hedge funds and large institutions have $444M invested in Invesco KBW Bank ETF in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 35 reducing their positions, and 24 closing their positions.
0.98% more ownership
Funds ownership: 63.82% → 64.8% (+0.98%)
5% less funds holding
Funds holding: 99 → 94 (-5)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
26% less capital invested
Capital invested by funds: $597M → $444M (-$152M)
34% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 35
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$22.6M |
| 2 |
CG
Colony Group
Boston,
Massachusetts
|
+$11.4M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$7.85M |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$3.81M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.57M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$30M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$29.9M |
| 3 |
LPL Financial
San Diego,
California
|
-$14.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.22M |
| 5 |
AI
Accredited Investors
Edina,
Minnesota
|
-$5.47M |
KBWB Hedge Fund Activity: Q4 2018 in Review
94 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2018, worth a combined $444M — down 26% from $597M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of KBWB and 19 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 23 added.
The largest buyer was Goldman Sachs, adding an estimated $22.6M. The largest seller was JP Morgan Chase, cutting an estimated $30M.
- 94 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2018, down from 99 in Q3 2018.
- Funds reported $444M of Invesco KBW Bank ETF stock for Q4 2018, down 26% quarter-over-quarter.
- 19 funds opened new Invesco KBW Bank ETF positions in Q4 2018 and 24 closed out, a net change of -5 holders.
- The largest Invesco KBW Bank ETF buyer in Q4 2018 was Goldman Sachs, an estimated $22.6M added.
- The largest Invesco KBW Bank ETF seller in Q4 2018 was JP Morgan Chase, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2018.