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Invesco KBW Bank ETF

77 hedge funds and large institutions have $405M invested in Invesco KBW Bank ETF in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

21% more capital invested

Capital invested by funds: $334M → $405M (+$71M)

10.78% more ownership

Funds ownership: 61.05%71.84% (+11%)

10% more call options, than puts

Call options by funds: $443K | Put options by funds: $402K

7% less funds holding

Funds holding: 8377 (-6)

41% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 32

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

Holders
77
Holders Change
-6
Holders Change %
-7.23%
% of All Funds
1.69%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
6
Increased
19
Reduced
32
Closed
12
Calls
$443K
Puts
$402K
Net Calls
+$41K
Net Calls Change
-$231K
Name Holding Trade Value Shares
Change
Change in
Stake
WBG
1
Wharton Business Group
Pennsylvania
$72.1M -$109K -2,180 -0.2%
JP Morgan Chase
2
JP Morgan Chase
New York
$50.4M +$44.8M +894,747 +1,084%
AP
3
Advisors Preferred
Maryland
$30.6M +$29.8M +594,356 New
VMPIC
4
Varma Mutual Pension Insurance Co
Finland
$21.8M
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$20.4M +$1.32M +26,328 +7%
UBS Group
6
UBS Group
Switzerland
$20.3M -$1.68M -33,587 -8%
Bank of America
7
Bank of America
North Carolina
$19.1M -$2.23M -44,505 -11%
MIM
8
Miller Investment Management
Pennsylvania
$17.9M +$450K +8,975 +3%
Barclays
9
Barclays
United Kingdom
$16M +$15M +299,519 +2,615%
AI
10
Accredited Investors
Minnesota
$14.5M -$93.3K -1,862 -0.7%
Goldman Sachs
11
Goldman Sachs
New York
$14M -$5.03M -100,455 -27%
SCM
12
SOL Capital Management
Maryland
$13.9M -$182K -3,635 -1%
Morgan Stanley
13
Morgan Stanley
New York
$13.8M -$2.79M -55,722 -17%
NA
14
Nottingham Advisors
New York
$12.2M +$254K +5,060 +2%
SAM
15
Silvercrest Asset Management
New York
$7.56M -$288K -5,737 -4%
CS
16
Credit Suisse
Switzerland
$5.19M -$3.89M -77,677 -44%
Wells Fargo
17
Wells Fargo
California
$4.84M -$134K -2,679 -3%
LNB
18
Ledyard National Bank
$4.83M +$53.3K +1,063 +1%
FFWA
19
FRG Family Wealth Advisors
Washington
$4M -$759K -15,135 -16%
BTS
20
BB&T Securities
Virginia
$3.42M +$22.1K +440 +0.7%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$3.15M +$2.3M +45,823 +297%
RJA
22
Raymond James & Associates
Florida
$3.14M -$1.47M -29,336 -33%
Citigroup
23
Citigroup
New York
$2.83M -$815K -16,270 -23%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$2.78M -$33.1K -660 -1%
CA
25
Cetera Advisors
Colorado
$2.36M +$10.7K +214 +0.5%

KBWB Hedge Fund Activity: Q3 2019 in Review

77 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2019, worth a combined $405M — up 21% from $334M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of KBWB and 6 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 19 added.

The largest buyer was JP Morgan Chase, adding an estimated $44.8M. The largest seller was Goldman Sachs, cutting an estimated $5.03M.

  • 77 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2019, down from 83 in Q2 2019.
  • Funds reported $405M of Invesco KBW Bank ETF stock for Q3 2019, up 21% quarter-over-quarter.
  • 6 funds opened new Invesco KBW Bank ETF positions in Q3 2019 and 12 closed out, a net change of -6 holders.
  • The largest Invesco KBW Bank ETF buyer in Q3 2019 was JP Morgan Chase, an estimated $44.8M added.
  • The largest Invesco KBW Bank ETF seller in Q3 2019 was Goldman Sachs, an estimated $5.03M sold.

Based on aggregated 13F filings for Q3 2019.