Invesco KBW Bank ETF
KBWB
33 hedge funds and large institutions have $144M invested in Invesco KBW Bank ETF in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 9 closing their positions.
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
3% less funds holding
Funds holding: 34 → 33 (-1)
7.47% less ownership
Funds ownership: 56.96% → 49.49% (-7.5%)
17% less capital invested
Capital invested by funds: $173M → $144M (-$29M)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$5.55M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$4.32M |
| 3 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$920K |
| 4 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
+$524K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$9.68M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$7.84M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$7.49M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$6.01M |
| 5 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$4.9M |
KBWB Hedge Fund Activity: Q4 2014 in Review
33 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2014, worth a combined $144M — down 17% from $173M a quarter earlier.
Fund positioning in KBWB was balanced in Q4 2014: 9 funds opened new positions, 9 closed out, 6 added to existing stakes and 15 trimmed.
The largest buyer was Jefferies Group, opening a new position worth an estimated $5.55M. The largest seller was New York Life Investment Management, cutting an estimated $9.68M.
- 33 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2014, down from 34 in Q3 2014.
- Funds reported $144M of Invesco KBW Bank ETF stock for Q4 2014, down 17% quarter-over-quarter.
- 9 funds opened new Invesco KBW Bank ETF positions in Q4 2014 and 9 closed out, a net change of 0 holders.
- The largest Invesco KBW Bank ETF buyer in Q4 2014 was Jefferies Group, an estimated $5.55M added.
- The largest Invesco KBW Bank ETF seller in Q4 2014 was New York Life Investment Management, an estimated $9.68M sold.
Based on aggregated 13F filings for Q4 2014.