Invesco KBW Bank ETF
KBWB
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.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+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: 148 → 142 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$212M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$88.2M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$79.7M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$46.3M |
| 5 |
Barclays
London,
United Kingdom
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Morningstar Investment Management
Chicago,
Illinois
|
-$34.8M |
| 2 |
JP Morgan Chase
New York
|
-$31.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$7.99M |
| 4 |
Morgan Stanley
New York
|
-$5.95M |
| 5 |
SG Americas Securities
New York
|
-$5.08M |
KBWB Hedge Fund Activity: Q3 2023 in Review
142 of the 6,310 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.