Invesco KBW Bank ETF
KBWB
22 hedge funds and large institutions have $79.4M invested in Invesco KBW Bank ETF in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
10% more funds holding
Funds holding: 20 → 22 (+2)
31% less capital invested
Capital invested by funds: $116M → $79.4M (-$36.4M)
33.68% less ownership
Funds ownership: 89.52% → 55.85% (-34%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$11.3M |
| 2 |
VF
Virtu Financial
New York
|
+$2.44M |
| 3 |
NYLIM
New York Life Investment Management
New York
|
+$1.53M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.06M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$32.8M |
| 2 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$11.3M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$6.97M |
| 4 |
CANY
Caxton Associates (New York)
New York
|
-$3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.94M |
KBWB Hedge Fund Activity: Q3 2013 in Review
22 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2013, worth a combined $79.4M — down 31% from $116M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KBWB positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $11.3M. The largest seller was Morgan Stanley, cutting an estimated $32.8M.
- 22 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2013, up from 20 in Q2 2013.
- Funds reported $79.4M of Invesco KBW Bank ETF stock for Q3 2013, down 31% quarter-over-quarter.
- 4 funds opened new Invesco KBW Bank ETF positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest Invesco KBW Bank ETF buyer in Q3 2013 was SG Americas Securities, an estimated $11.3M added.
- The largest Invesco KBW Bank ETF seller in Q3 2013 was Morgan Stanley, an estimated $32.8M sold.
Based on aggregated 13F filings for Q3 2013.