Invesco KBW Bank ETF
KBWB
93 hedge funds and large institutions have $651M invested in Invesco KBW Bank ETF in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 4 closing their positions.
575% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 4
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
33% more funds holding
Funds holding: 70 → 93 (+23)
24% more capital invested
Capital invested by funds: $525M → $651M (+$126M)
6.99% more ownership
Funds ownership: 59.16% → 66.16% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$52.7M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$16.3M |
| 3 |
LNB
Ledyard National Bank
|
+$7.24M |
| 4 |
MOACM
Mutual of America Capital Management
New York
|
+$3.57M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$54.7M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$1.47M |
| 3 |
Jane Street
New York
|
-$1.37M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.32M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$803K |
KBWB Hedge Fund Activity: Q4 2017 in Review
93 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2017, worth a combined $651M — up 24% from $525M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KBWB positions and 4 closed out — a net gain of 23 holders — while 31 added to existing stakes and 17 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $52.7M. The largest seller was Bank of America, cutting an estimated $54.7M.
- 93 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2017, up from 70 in Q3 2017.
- Funds reported $651M of Invesco KBW Bank ETF stock for Q4 2017, up 24% quarter-over-quarter.
- 27 funds opened new Invesco KBW Bank ETF positions in Q4 2017 and 4 closed out, a net change of +23 holders.
- The largest Invesco KBW Bank ETF buyer in Q4 2017 was Goldman Sachs, an estimated $52.7M added.
- The largest Invesco KBW Bank ETF seller in Q4 2017 was Bank of America, an estimated $54.7M sold.
Based on aggregated 13F filings for Q4 2017.