Invesco KBW Bank ETF
KBWB
86 hedge funds and large institutions have $884M invested in Invesco KBW Bank ETF in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 15 closing their positions.
121% more capital invested
Capital invested by funds: $401M → $884M (+$483M)
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
9.62% more ownership
Funds ownership: 56.3% → 65.92% (+9.6%)
9% more funds holding
Funds holding: 79 → 86 (+7)
71% less call options, than puts
Call options by funds: $704K | Put options by funds: $2.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$350M |
| 2 |
Goldman Sachs
New York
|
+$27.8M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$11.4M |
| 4 |
Morgan Stanley
New York
|
+$3.76M |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$85M |
| 2 |
CIM
Corda Investment Management
Houston,
Texas
|
-$8.28M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$4.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$4M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.24M |
KBWB Hedge Fund Activity: Q4 2020 in Review
86 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2020, worth a combined $884M — up 121% from $401M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KBWB positions and 15 closed out — a net gain of 7 holders — while 33 added to existing stakes and 20 trimmed.
The largest buyer was Varma Mutual Pension Insurance Co, adding an estimated $350M. The largest seller was JP Morgan Chase, cutting an estimated $85M.
- 86 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2020, up from 79 in Q3 2020.
- Funds reported $884M of Invesco KBW Bank ETF stock for Q4 2020, up 121% quarter-over-quarter.
- 22 funds opened new Invesco KBW Bank ETF positions in Q4 2020 and 15 closed out, a net change of +7 holders.
- The largest Invesco KBW Bank ETF buyer in Q4 2020 was Varma Mutual Pension Insurance Co, an estimated $350M added.
- The largest Invesco KBW Bank ETF seller in Q4 2020 was JP Morgan Chase, an estimated $85M sold.
Based on aggregated 13F filings for Q4 2020.