Invesco KBW Bank ETF
KBWB
77 hedge funds and large institutions have $405M invested in Invesco KBW Bank ETF in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 12 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
21% more capital invested
Capital invested by funds: $334M → $405M (+$71M)
10.78% more ownership
Funds ownership: 61.05% → 71.84% (+11%)
10% more call options, than puts
Call options by funds: $443K | Put options by funds: $402K
7% less funds holding
Funds holding: 83 → 77 (-6)
41% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 32
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$44.8M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$29.8M |
| 3 |
Barclays
London,
United Kingdom
|
+$15M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.3M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$1.51M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$5.03M |
| 2 |
Two Sigma Investments
New York
|
-$4.73M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.89M |
| 4 |
Two Sigma Advisers
New York
|
-$3.49M |
| 5 |
Morgan Stanley
New York
|
-$2.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Manhattan
New York
| $2K | – | – | – |
|
|
77
Two Sigma Investments
New York
| – | -$4.73M | -93,800 | Closed |
|
|
78
Two Sigma Advisers
New York
| – | -$3.49M | -69,100 | Closed |
|
79
Koshinski Asset Management
Decatur,
Illinois
| – | -$1.43M | -28,281 | Closed |
|
80
Jane Street
New York
| – | -$1.2M | -23,839 | Closed |
|
81
Renaissance Technologies
New York
| – | -$661K | -13,100 | Closed |
|
82
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$332K | -6,561 | Closed |
|
83
Millennium Management
New York
| – | -$207K | -4,097 | Closed |
|
|
CFGS
84
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$21.8K | -435 | Closed |
|
85
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -177 | Closed |
|
|
WAP
86
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$8K | -163 | Closed |
|
|
THWM
87
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$8.07K | -161 | Closed |
|
KBWB Hedge Fund Activity: Q3 2019 in Review
77 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2019, worth a combined $405M — up 21% from $334M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KBWB and 6 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 19 added.
The largest buyer was JP Morgan Chase, adding an estimated $44.8M. The largest seller was Goldman Sachs, cutting an estimated $5.03M.
- 77 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2019, down from 83 in Q2 2019.
- Funds reported $405M of Invesco KBW Bank ETF stock for Q3 2019, up 21% quarter-over-quarter.
- 6 funds opened new Invesco KBW Bank ETF positions in Q3 2019 and 12 closed out, a net change of -6 holders.
- The largest Invesco KBW Bank ETF buyer in Q3 2019 was JP Morgan Chase, an estimated $44.8M added.
- The largest Invesco KBW Bank ETF seller in Q3 2019 was Goldman Sachs, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2019.