Invesco KBW Bank ETF
KBWB
99 hedge funds and large institutions have $597M invested in Invesco KBW Bank ETF in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 40 reducing their positions, and 13 closing their positions.
6.05% more ownership
Funds ownership: 57.77% → 63.82% (+6.1%)
4% less funds holding
Funds holding: 103 → 99 (-4)
5% less capital invested
Capital invested by funds: $630M → $597M (-$33.3M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
38% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Nottingham Advisors
Amherst,
New York
|
+$10.5M |
| 2 |
JP Morgan Chase
New York
|
+$5.93M |
| 3 |
Jane Street
New York
|
+$5.22M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.45M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$14.5M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$12.2M |
| 3 |
AI
Accredited Investors
Edina,
Minnesota
|
-$8.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFS
101
Access Financial Services
Minneapolis,
Minnesota
| – | -$2.62M | -48,919 | Closed |
|
102
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$2.18M | -40,663 | Closed |
|
|
CWM
103
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$700K | -37,842 | Closed |
|
|
UFF
104
USA Financial Formulas
Ada,
Michigan
| – | -$743K | -13,514 | Closed |
|
|
LJAC
105
L.J. Altfest & Co
New York
| – | -$699K | -13,040 | Closed |
|
|
AAMA
106
Advanced Asset Management Advisors
Dublin,
Ohio
| – | -$366K | -6,831 | Closed |
|
107
Wolverine Trading
Chicago,
Illinois
| – | -$217K | -3,955 | Closed |
|
108
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$63K | -1,181 | Closed |
|
|
CF
109
Centaurus Financial
Anaheim,
California
| – | -$21K | -389 | Closed |
|
|
MFW
110
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$17K | -317 | Closed |
|
|
BCA
111
Bay Colony Advisors
Concord,
Massachusetts
| – | -$10K | -187 | Closed |
|
112
Parallax Volatility Advisers
San Francisco,
California
| – | -$5.89K | -105 | -99% |
|
KBWB Hedge Fund Activity: Q3 2018 in Review
99 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2018, worth a combined $597M — down 5.3% from $630M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KBWB and 10 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 25 added.
The largest buyer was Nottingham Advisors, adding an estimated $10.5M. The largest seller was Miller Investment Management, exiting entirely with an estimated $14.5M sold.
- 99 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2018, down from 103 in Q2 2018.
- Funds reported $597M of Invesco KBW Bank ETF stock for Q3 2018, down 5.3% quarter-over-quarter.
- 10 funds opened new Invesco KBW Bank ETF positions in Q3 2018 and 13 closed out, a net change of -3 holders.
- The largest Invesco KBW Bank ETF buyer in Q3 2018 was Nottingham Advisors, an estimated $10.5M added.
- The largest Invesco KBW Bank ETF seller in Q3 2018 was Miller Investment Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q3 2018.