We are live on ! Find out more
KBWB icon

Invesco KBW Bank ETF
KBWB

309 hedge funds and large institutions have $4.59B invested in Invesco KBW Bank ETF in 2025 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $94.5M | Put options by funds: $28.2M

177% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 31

25% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 77

19% more funds holding

Funds holding: 260 → 309 (+49)

2% more capital invested

Capital invested by funds: $4.48B → $4.59B (+$108M)

10.3% less ownership

Funds ownership: 85.92% → 75.61% (-10%)

50% less funds holding in top 10

Funds holding in top 10: 8 → 4 (-4)

Holders
309
Holders Change
+49
Holders Change %
+18.85%
% of All Funds
3.76%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
86
Increased
96
Reduced
77
Closed
31
Calls
$94.5M
Puts
$28.2M
Net Calls
+$66.2M
Net Calls Change
+$52.8M

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$233M
2
Temasek Holdings
Temasek Holdings
Singapore
+$72.8M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$67.6M
4
EDRH
Edmond de Rothschild Holding
Switzerland
+$37.1M
5
MMH
Menora Mivtachim Holdings
Israel
+$36.4M

Top Sellers

1
HIIFS
Harel Insurance Investments & Financial Services
Israel
-$330M
2
CI
Clal Insurance
Israel
-$126M
3
MIFH
Migdal Insurance & Financial Holdings
Israel
-$121M
4
Two Sigma Investments
Two Sigma Investments
New York
-$94.9M
5
MIH
Meitav Investment House
Israel
-$41.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
BP
176
Broadleaf Partners
Ohio
$408K – – –
MWPCG
177
Measured Wealth Private Client Group
New Hampshire
$385K +$362K +4,571 New
NA
178
NewEdge Advisors
Louisiana
$385K -$78.1K -988 -18%
RA
179
RFG Advisory
Alabama
$381K -$19.9K -251 -5%
PI
180
PFG Investments
New York
$371K +$237 +3 +0.1%
ATC
181
Argent Trust Co
Tennessee
$364K -$13.6K -172 -4%
AQR Capital Management
182
AQR Capital Management
Connecticut
$342K +$79 +1 +0%
SC
183
Sapient Capital
Indiana
$330K +$36.4K +460 +13%
RFA
184
Rollins Financial Advisors
New York
$322K +$31.2K +394 +12%
SPIA
185
Steward Partners Investment Advisory
New York
$319K +$127K +1,605 +74%
TWC
186
TD Waterhouse Canada
Ontario, Canada
$318K -$9.57K -121 -3%
SCTC
187
Sanibel Captiva Trust Company
Florida
$314K – – –
DCA
188
DSG Capital Advisors
Minnesota
$301K -$95.2K -1,204 -26%
WB
189
WesBanco Bank
West Virginia
$300K +$281K +3,559 New
AI
190
Accredited Investors
Minnesota
$299K – – –
FC
191
Fairscale Capital
New Hampshire
$298K -$39.9K -504 -12%
CPIG
192
Chicago Partners Investment Group
Illinois
$291K – – –
SWM
193
Silverlake Wealth Management
Vermont
$289K +$271K +3,426 New
Mercer Global Advisors
194
Mercer Global Advisors
Colorado
$277K +$260K +3,282 New
RIA
195
Regal Investment Advisors
Michigan
$271K +$254K +3,213 New
OIA
196
OneDigital Investment Advisors
Kansas
$270K -$88.6K -1,120 -26%
MWM
197
Mosley Wealth Management
California
$269K +$279K +3,532 New
CL
198
Choreo LLC
Illinois
$267K +$3.72K +47 +2%
Carson Wealth (CWM LLC)
199
Carson Wealth (CWM LLC)
Nebraska
$266K -$1.74K -22 -0.7%
Creative Planning
200
Creative Planning
Kansas
$264K +$248K +3,134 New
6 7
8
9 10

KBWB Hedge Fund Activity: Q4 2025 in Review

309 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2025, worth a combined $4.59B — up 2.4% from $4.48B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new KBWB positions and 31 closed out — a net gain of 55 holders — while 96 added to existing stakes and 77 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $233M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $330M.

  • 309 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2025, up from 260 in Q3 2025.
  • Funds reported $4.59B of Invesco KBW Bank ETF stock for Q4 2025, up 2.4% quarter-over-quarter.
  • 86 funds opened new Invesco KBW Bank ETF positions in Q4 2025 and 31 closed out, a net change of +55 holders.
  • The largest Invesco KBW Bank ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $233M added.
  • The largest Invesco KBW Bank ETF seller in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $330M sold.

Based on aggregated 13F filings for Q4 2025.