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Invesco KBW Bank ETF

88 hedge funds and large institutions have $324M invested in Invesco KBW Bank ETF in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 39 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.99% less ownership

Funds ownership: 64.8%59.81% (-5%)

6% less funds holding

Funds holding: 9488 (-6)

27% less capital invested

Capital invested by funds: $444M → $324M (-$120M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

62% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 39

Holders
88
Holders Change
-6
Holders Change %
-6.38%
% of All Funds
1.9%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
8
Increased
15
Reduced
39
Closed
13
Calls
$390K
Puts
Net Calls
+$390K
Net Calls Change
-$306K
Name Holding Trade Value Shares
Change
Change in
Stake
WBG
1
Wharton Business Group
Pennsylvania
$63.7M +$1.24M +24,982 +2%
Goldman Sachs
2
Goldman Sachs
New York
$29M -$46.5M -936,978 -61%
UBS Group
3
UBS Group
Switzerland
$21M -$840K -16,931 -4%
VMPIC
4
Varma Mutual Pension Insurance Co
Finland
$20.4M -$33.7M -680,000 -62%
PVH
5
Psagot Value Holdings
Israel
$20.2M -$20.9M -421,103 -50%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$15.4M -$1.7M -34,228 -10%
Morgan Stanley
7
Morgan Stanley
New York
$14.5M -$11.8M -238,115 -44%
AI
8
Accredited Investors
Minnesota
$14.5M -$351K -7,069 -2%
SCM
9
SOL Capital Management
Maryland
$13.5M -$454K -9,150 -3%
Bank of America
10
Bank of America
North Carolina
$13.5M -$6.75M -136,051 -33%
NA
11
Nottingham Advisors
New York
$10.2M +$3.62M +72,890 +31%
BTS
12
BB&T Securities
Virginia
$8.88M +$7.6M +153,061 +490%
SAM
13
Silvercrest Asset Management
New York
$8.49M -$77.4K -1,559 -0.9%
RJA
14
Raymond James & Associates
Florida
$7.44M -$5.3M -106,822 -41%
Wells Fargo
15
Wells Fargo
California
$6.79M +$2.31M +46,508 +49%
JP Morgan Chase
16
JP Morgan Chase
New York
$4.87M -$6.53M -131,650 -57%
LNB
17
Ledyard National Bank
$4.84M -$625K -12,594 -11%
OTPPB
18
Ontario Teachers' Pension Plan Board
Ontario, Canada
$4.82M
FFWA
19
FRG Family Wealth Advisors
Washington
$4.72M +$274K +5,524 +6%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$3.59M -$304K -6,126 -8%
HBWM
21
Hollow Brook Wealth Management
New York
$3.18M -$3.43M -69,080 -51%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$2.67M +$52.8K +1,064 +2%
CA
23
Cetera Advisors
Colorado
$2.21M +$49.6K +1,000 +2%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$1.74M +$1.4M +28,200 +362%
BCM
25
BTR Capital Management
California
$1.65M -$44.7K -900 -3%

KBWB Hedge Fund Activity: Q1 2019 in Review

88 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2019, worth a combined $324M — down 27% from $444M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of KBWB and 8 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 15 added.

The largest buyer was BB&T Securities, adding an estimated $7.6M. The largest seller was Goldman Sachs, cutting an estimated $46.5M.

  • 88 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2019, down from 94 in Q4 2018.
  • Funds reported $324M of Invesco KBW Bank ETF stock for Q1 2019, down 27% quarter-over-quarter.
  • 8 funds opened new Invesco KBW Bank ETF positions in Q1 2019 and 13 closed out, a net change of -5 holders.
  • The largest Invesco KBW Bank ETF buyer in Q1 2019 was BB&T Securities, an estimated $7.6M added.
  • The largest Invesco KBW Bank ETF seller in Q1 2019 was Goldman Sachs, an estimated $46.5M sold.

Based on aggregated 13F filings for Q1 2019.