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Invesco KBW Bank ETF

142 hedge funds and large institutions have $1.09B invested in Invesco KBW Bank ETF in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 49 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

45% more capital invested

Capital invested by funds: $748M → $1.09B (+$340M)

8.36% more ownership

Funds ownership: 58.03%66.39% (+8.4%)

4% less funds holding

Funds holding: 148142 (-6)

15% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 27

27% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 49

51% less call options, than puts

Call options by funds: $4.07M | Put options by funds: $8.36M

Holders
142
Holders Change
-6
Holders Change %
-4.05%
% of All Funds
2.25%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
23
Increased
36
Reduced
49
Closed
27
Calls
$4.07M
Puts
$8.36M
Net Calls
-$4.28M
Net Calls Change
-$8.23M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$271M +$88.2M +2,067,983 +44%
VMPIC
2
Varma Mutual Pension Insurance Co
Finland
$232M +$212M +4,970,485 +599%
MMH
3
Menora Mivtachim Holdings
Israel
$154M +$79.7M +1,870,000 +94%
HIIFS
4
Harel Insurance Investments & Financial Services
Israel
$62.1M
WBG
5
Wharton Business Group
Pennsylvania
$49.2M +$11.7M +274,697 +29%
Fisher Asset Management
6
Fisher Asset Management
Washington
$48.1M +$46.3M +1,085,719 +948%
Goldman Sachs
7
Goldman Sachs
New York
$29.6M -$1.56M -36,676 -5%
Wells Fargo
8
Wells Fargo
California
$18.9M -$690K -16,178 -3%
WA
9
WP Advisors
California
$18.5M +$978K +22,945 +5%
Morgan Stanley
10
Morgan Stanley
New York
$16.4M -$5.95M -139,467 -25%
Barclays
11
Barclays
United Kingdom
$15.4M +$15.5M +362,758 +1,763%
SCM
12
SOL Capital Management
Maryland
$15.3M -$10K -235 -0.1%
LNB
13
Ledyard National Bank
$13.8M +$14.7M +344,236 New
MMA
14
Miracle Mile Advisors
California
$13.4M +$195K +4,575 +1%
NSLI
15
Nan Shan Life Insurance
Taiwan
$9.64M
UBS Group
16
UBS Group
Switzerland
$8.55M +$980K +22,978 +12%
BHB
17
Bank Hapoalim BM
Israel
$7.96M +$7.57M +177,509 +844%
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$5.75M -$494K -11,596 -7%
LBC
19
Lowe Brockenbrough & Co
Virginia
$5.75M +$129K +3,025 +2%
NPPM
20
North Point Portfolio Managers
Ohio
$5.46M -$220K -5,150 -4%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$4.87M -$185K -4,337 -3%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$4.76M -$923K -21,635 -15%
RH
23
RFG Holdings
Texas
$3.8M +$4.04M +94,808 New
PCH
24
PGIM Custom Harvest
New Jersey
$3.59M +$981 +23 +0%
MAG
25
MRA Advisory Group
New Jersey
$3.49M +$266K +6,246 +8%

KBWB Hedge Fund Activity: Q3 2023 in Review

142 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2023, worth a combined $1.09B — up 45% from $748M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of KBWB and 23 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 36 added.

The largest buyer was Varma Mutual Pension Insurance Co, adding an estimated $212M. The largest seller was Morningstar Investment Management, exiting entirely with an estimated $34.8M sold.

  • 142 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2023, down from 148 in Q2 2023.
  • Funds reported $1.09B of Invesco KBW Bank ETF stock for Q3 2023, up 45% quarter-over-quarter.
  • 23 funds opened new Invesco KBW Bank ETF positions in Q3 2023 and 27 closed out, a net change of -4 holders.
  • The largest Invesco KBW Bank ETF buyer in Q3 2023 was Varma Mutual Pension Insurance Co, an estimated $212M added.
  • The largest Invesco KBW Bank ETF seller in Q3 2023 was Morningstar Investment Management, an estimated $34.8M sold.

Based on aggregated 13F filings for Q3 2023.