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Invesco KBW Bank ETF

148 hedge funds and large institutions have $748M invested in Invesco KBW Bank ETF in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 42 increasing their positions, 52 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more call options, than puts

Call options by funds: $8.05M | Put options by funds: $4.1M

2.89% more ownership

Funds ownership: 55.14%58.03% (+2.9%)

1% more capital invested

Capital invested by funds: $739M → $748M (+$9.23M)

6% less funds holding

Funds holding: 158148 (-10)

19% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 52

28% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 32

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
148
Holders Change
-10
Holders Change %
-6.33%
% of All Funds
2.32%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.05%
New
23
Increased
42
Reduced
52
Closed
32
Calls
$8.05M
Puts
$4.1M
Net Calls
+$3.95M
Net Calls Change
+$9.56M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$193M +$149M +3,662,793 +351%
MMH
2
Menora Mivtachim Holdings
Israel
$81.5M +$80.8M +1,984,826 New
HIIFS
3
Harel Insurance Investments & Financial Services
Israel
$63.7M
WBG
4
Wharton Business Group
Pennsylvania
$39.1M +$4.27M +104,864 +12%
MIM
5
Morningstar Investment Management
Illinois
$34.8M +$5.05M +124,098 +17%
VMPIC
6
Varma Mutual Pension Insurance Co
Finland
$34.1M -$54.8M -1,344,716 -62%
Goldman Sachs
7
Goldman Sachs
New York
$31.8M -$17.8M -436,787 -36%
JP Morgan Chase
8
JP Morgan Chase
New York
$31.7M +$29.8M +730,936 +1,791%
Morgan Stanley
9
Morgan Stanley
New York
$22.6M +$1.94M +47,613 +9%
Wells Fargo
10
Wells Fargo
California
$20M -$1.16M -28,476 -6%
WA
11
WP Advisors
California
$18M +$4.37M +107,316 +32%
SCM
12
SOL Capital Management
Maryland
$15.7M +$2.43M +59,780 +19%
MMA
13
Miracle Mile Advisors
California
$13.6M +$13.5M +330,574 New
LPL Financial
14
LPL Financial
California
$10.9M -$889K -21,842 -8%
NSLI
15
Nan Shan Life Insurance
Taiwan
$9.88M -$44.8K -1,100 -0.5%
UBS Group
16
UBS Group
Switzerland
$7.82M +$132K +3,231 +2%
BNP Paribas Financial Markets
17
BNP Paribas Financial Markets
France
$6.37M +$2.21M +54,239 +54%
NPPM
18
North Point Portfolio Managers
Ohio
$5.8M -$1.77M -43,348 -23%
LBC
19
Lowe Brockenbrough & Co
Virginia
$5.77M +$163K +4,015 +3%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$5.76M +$2.96M +72,655 +107%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$5.16M -$26.2K -643 -0.5%
SG Americas Securities
22
SG Americas Securities
New York
$5.08M +$5.04M +123,674 New
Ameriprise
23
Ameriprise
Minnesota
$4.78M -$1.14M -28,054 -19%
Fisher Asset Management
24
Fisher Asset Management
Washington
$4.7M +$1.51M +36,985 +48%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$3.69M +$3.04M +74,620 +491%

KBWB Hedge Fund Activity: Q2 2023 in Review

148 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q2 2023, worth a combined $748M — up 1.2% from $739M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of KBWB and 23 opened new positions — a net loss of 9 holders — while 52 trimmed existing stakes and 42 added.

The largest buyer was Bank of America, adding an estimated $149M. The largest seller was Phoenix Financial, cutting an estimated $155M.

  • 148 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q2 2023, down from 158 in Q1 2023.
  • Funds reported $748M of Invesco KBW Bank ETF stock for Q2 2023, up 1.2% quarter-over-quarter.
  • 23 funds opened new Invesco KBW Bank ETF positions in Q2 2023 and 32 closed out, a net change of -9 holders.
  • The largest Invesco KBW Bank ETF buyer in Q2 2023 was Bank of America, an estimated $149M added.
  • The largest Invesco KBW Bank ETF seller in Q2 2023 was Phoenix Financial, an estimated $155M sold.

Based on aggregated 13F filings for Q2 2023.