Invesco KBW Bank ETF
KBWB
71 hedge funds and large institutions have $238M invested in Invesco KBW Bank ETF in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 31 reducing their positions, and 23 closing their positions.
3.05% more ownership
Funds ownership: 68.25% → 71.3% (+3.1%)
17% less funds holding
Funds holding: 86 → 71 (-15)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
42% less capital invested
Capital invested by funds: $413M → $238M (-$175M)
52% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 31
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$57M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$18.2M |
| 3 |
JP Morgan Chase
New York
|
+$10.8M |
| 4 |
AI
Accredited Investors
Edina,
Minnesota
|
+$4.34M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$32M |
| 2 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$20.2M |
| 3 |
Barclays
London,
United Kingdom
|
-$16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$8.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.54M |
KBWB Hedge Fund Activity: Q1 2020 in Review
71 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2020, worth a combined $238M — down 42% from $413M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of KBWB and 10 opened new positions — a net loss of 13 holders — while 31 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $57M. The largest seller was Advisors Preferred, exiting entirely with an estimated $32M sold.
- 71 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2020, down from 86 in Q4 2019.
- Funds reported $238M of Invesco KBW Bank ETF stock for Q1 2020, down 42% quarter-over-quarter.
- 10 funds opened new Invesco KBW Bank ETF positions in Q1 2020 and 23 closed out, a net change of -13 holders.
- The largest Invesco KBW Bank ETF buyer in Q1 2020 was Morgan Stanley, an estimated $57M added.
- The largest Invesco KBW Bank ETF seller in Q1 2020 was Advisors Preferred, an estimated $32M sold.
Based on aggregated 13F filings for Q1 2020.