Invesco KBW Bank ETF
KBWB
158 hedge funds and large institutions have $739M invested in Invesco KBW Bank ETF in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 48 increasing their positions, 50 reducing their positions, and 35 closing their positions.
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
4% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 50
1.03% less ownership
Funds ownership: 56.17% → 55.14% (-1%)
1% less funds holding
Funds holding: 160 → 158 (-2)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
24% less capital invested
Capital invested by funds: $978M → $739M (-$239M)
53% less call options, than puts
Call options by funds: $5.01M | Put options by funds: $10.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$114M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$34.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$33.3M |
| 4 |
MIM
Morningstar Investment Management
Chicago,
Illinois
|
+$27.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$112M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$70.4M |
| 3 |
AI
Accredited Investors
Edina,
Minnesota
|
-$29.4M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$23.6M |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$19.6M |
KBWB Hedge Fund Activity: Q1 2023 in Review
158 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2023, worth a combined $739M — down 24% from $978M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of KBWB and 34 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 48 added.
The largest buyer was Varma Mutual Pension Insurance Co, opening a new position worth an estimated $114M. The largest seller was Clal Insurance, cutting an estimated $112M.
- 158 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2023, down from 160 in Q4 2022.
- Funds reported $739M of Invesco KBW Bank ETF stock for Q1 2023, down 24% quarter-over-quarter.
- 34 funds opened new Invesco KBW Bank ETF positions in Q1 2023 and 35 closed out, a net change of -1 holder.
- The largest Invesco KBW Bank ETF buyer in Q1 2023 was Varma Mutual Pension Insurance Co, an estimated $114M added.
- The largest Invesco KBW Bank ETF seller in Q1 2023 was Clal Insurance, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2023.