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Invesco KBW Bank ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 68 (+2)

33% more funds holding

Funds holding: 7093 (+23)

24% more capital invested

Capital invested by funds: $525M → $651M (+$126M)

6.99% more ownership

Funds ownership: 59.16%66.16% (+7%)

Holders
93
Holders Change
+23
Holders Change %
+32.86%
% of All Funds
2.11%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.18%
New
27
Increased
31
Reduced
17
Closed
4
Calls
$726K
Puts
Net Calls
+$726K
Net Calls Change
+$726K
Name Holding Trade Value Shares
Change
Change in
Stake
WBG
1
Wharton Business Group
Pennsylvania
$69.8M -$1.47M -27,765 -2%
Goldman Sachs
2
Goldman Sachs
New York
$59.8M +$52.7M +996,918 +1,107%
Bank of America
3
Bank of America
North Carolina
$56.1M -$54.7M -1,035,570 -50%
PVH
4
Psagot Value Holdings
Israel
$46.2M
MIM
5
Miller Investment Management
Pennsylvania
$42.5M -$301K -5,700 -0.7%
UBS Group
6
UBS Group
Switzerland
$40.1M -$803K -15,204 -2%
VMPIC
7
Varma Mutual Pension Insurance Co
Finland
$37.6M +$36.1M +682,600 New
AI
8
Accredited Investors
Minnesota
$31.7M -$743K -14,059 -2%
JP Morgan Chase
9
JP Morgan Chase
New York
$26.8M +$1.92M +36,274 +8%
Morgan Stanley
10
Morgan Stanley
New York
$24.8M +$2.69M +50,841 +13%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$24.6M +$3.03M +57,428 +15%
LPL Financial
12
LPL Financial
California
$19.1M -$17K -322 -0.1%
AP
13
Advisors Preferred
Maryland
$17M +$16.3M +309,524 New
NA
14
Nottingham Advisors
New York
$15.6M +$445K +8,419 +3%
SCM
15
SOL Capital Management
Maryland
$15.3M -$66K -1,250 -0.4%
CA
16
Cumberland Advisors
Florida
$13.4M +$566K +10,710 +5%
Citigroup
17
Citigroup
New York
$11.3M +$1.16K +22 +0%
HBWM
18
Hollow Brook Wealth Management
New York
$9.17M +$1.59M +30,102 +22%
SAM
19
Silvercrest Asset Management
New York
$7.8M +$412K +7,800 +6%
LNB
20
Ledyard National Bank
$7.54M +$7.24M +137,030 New
OTPPB
21
Ontario Teachers' Pension Plan Board
Ontario, Canada
$5.5M
TSS
22
Two Sigma Securities
New York
$4.93M +$310K +5,868 +7%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$4.82M +$356K +6,740 +8%
RJA
24
Raymond James & Associates
Florida
$4.04M +$215K +4,072 +6%
MOACM
25
Mutual of America Capital Management
New York
$3.72M +$3.57M +67,529 New

KBWB Hedge Fund Activity: Q4 2017 in Review

93 of the 4,409 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.