Invesco KBW Bank ETF
KBWB
83 hedge funds and large institutions have $334M invested in Invesco KBW Bank ETF in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 38 reducing their positions, and 13 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.25% more ownership
Funds ownership: 59.81% → 61.05% (+1.2%)
3% more capital invested
Capital invested by funds: $325M → $334M (+$9M)
6% less funds holding
Funds holding: 88 → 83 (-5)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
53% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
+$17M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.97M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.79M |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$3.94M |
| 5 |
Two Sigma Investments
New York
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$20.2M |
| 2 |
Goldman Sachs
New York
|
-$11.5M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.95M |
| 4 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$4.82M |
| 5 |
NA
Nottingham Advisors
Amherst,
New York
|
-$4.06M |
KBWB Hedge Fund Activity: Q2 2019 in Review
83 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q2 2019, worth a combined $334M — up 2.8% from $325M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KBWB and 8 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 18 added.
The largest buyer was Miller Investment Management, opening a new position worth an estimated $17M. The largest seller was Psagot Value Holdings, exiting entirely with an estimated $20.2M sold.
- 83 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q2 2019, down from 88 in Q1 2019.
- Funds reported $334M of Invesco KBW Bank ETF stock for Q2 2019, up 2.8% quarter-over-quarter.
- 8 funds opened new Invesco KBW Bank ETF positions in Q2 2019 and 13 closed out, a net change of -5 holders.
- The largest Invesco KBW Bank ETF buyer in Q2 2019 was Miller Investment Management, an estimated $17M added.
- The largest Invesco KBW Bank ETF seller in Q2 2019 was Psagot Value Holdings, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2019.