Invesco KBW Bank ETF
KBWB
79 hedge funds and large institutions have $401M invested in Invesco KBW Bank ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
33% more capital invested
Capital invested by funds: $302M → $401M (+$99.2M)
2.26% less ownership
Funds ownership: 58.56% → 56.3% (-2.3%)
7% less funds holding
Funds holding: 85 → 79 (-6)
11% less call options, than puts
Call options by funds: $953K | Put options by funds: $1.06M
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$47.6M |
| 2 |
Morgan Stanley
New York
|
+$24.8M |
| 3 |
LJAC
L.J. Altfest & Co
New York
|
+$9.24M |
| 4 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$9.18M |
| 5 |
CIM
Corda Investment Management
Houston,
Texas
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$3.19M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.07M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.06M |
| 4 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$1.99M |
| 5 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$1.83M |
KBWB Hedge Fund Activity: Q3 2020 in Review
79 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2020, worth a combined $401M — up 33% from $302M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of KBWB and 13 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 28 added.
The largest buyer was JP Morgan Chase, adding an estimated $47.6M. The largest seller was British Columbia Investment Management, exiting entirely with an estimated $3.19M sold.
- 79 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2020, down from 85 in Q2 2020.
- Funds reported $401M of Invesco KBW Bank ETF stock for Q3 2020, up 33% quarter-over-quarter.
- 13 funds opened new Invesco KBW Bank ETF positions in Q3 2020 and 19 closed out, a net change of -6 holders.
- The largest Invesco KBW Bank ETF buyer in Q3 2020 was JP Morgan Chase, an estimated $47.6M added.
- The largest Invesco KBW Bank ETF seller in Q3 2020 was British Columbia Investment Management, an estimated $3.19M sold.
Based on aggregated 13F filings for Q3 2020.