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Invesco KBW Bank ETF

149 hedge funds and large institutions have $1.01B invested in Invesco KBW Bank ETF in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 68 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

845% more call options, than puts

Call options by funds: $18.9M | Put options by funds: $2M

1.48% less ownership

Funds ownership: 66.34%64.87% (-1.5%)

6% less funds holding

Funds holding: 159149 (-10)

7% less capital invested

Capital invested by funds: $1.08B → $1.01B (-$76.7M)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

53% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 68

Holders
149
Holders Change
-10
Holders Change %
-6.29%
% of All Funds
2.15%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
16
Increased
32
Reduced
68
Closed
24
Calls
$18.9M
Puts
$2M
Net Calls
+$16.9M
Net Calls Change
-$54.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$368M -$30.3M -609,410 -8%
Fisher Asset Management
2
Fisher Asset Management
Washington
$105M +$17.6M +354,436 +22%
WBG
3
Wharton Business Group
Pennsylvania
$85.4M -$2.85M -57,457 -3%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$78.4M +$43.9M +883,970 +153%
Morgan Stanley
5
Morgan Stanley
New York
$41.7M -$779K -15,688 -2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$34.3M +$6.55M +131,886 +26%
Goldman Sachs
7
Goldman Sachs
New York
$33.7M +$535K +10,780 +2%
WA
8
WP Advisors
California
$25.7M +$127K +2,560 +0.5%
SCM
9
SOL Capital Management
Maryland
$18.9M -$1.42M -28,532 -7%
LNB
10
Ledyard National Bank
$18.2M -$213K -4,299 -1%
Wells Fargo
11
Wells Fargo
California
$16.8M -$9M -181,356 -37%
CI
12
Clal Insurance
Israel
$14M +$12.9M +260,000 New
NSLI
13
Nan Shan Life Insurance
Taiwan
$12.9M
CWM
14
Congress Wealth Management
Massachusetts
$11.5M +$10.6M +214,351 New
LPL Financial
15
LPL Financial
California
$10.3M +$5.47M +110,216 +134%
RH
16
RFG Holdings
Texas
$9.55M +$3.49M +70,247 +65%
UBS Group
17
UBS Group
Switzerland
$9.5M -$1.02M -20,619 -10%
LBC
18
Lowe Brockenbrough & Co
Virginia
$7.4M +$1.76M +35,428 +35%
NPPM
19
North Point Portfolio Managers
Ohio
$6.41M +$1.27M +25,518 +27%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$5.87M -$123K -2,481 -2%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$5.55M +$4.01M +80,801 +356%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$5.27M -$579K -11,671 -11%
Cetera Investment Advisers
23
Cetera Investment Advisers
Illinois
$5.2M +$4.55M +91,687 +1,752%
JP Morgan Chase
24
JP Morgan Chase
New York
$5.19M -$5.05M -101,792 -51%
CA
25
Cetera Advisors
Colorado
$4.98M +$725K +14,601 +19%

KBWB Hedge Fund Activity: Q1 2024 in Review

149 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q1 2024, worth a combined $1.01B — down 7.1% from $1.08B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of KBWB and 16 opened new positions — a net loss of 8 holders — while 68 trimmed existing stakes and 32 added.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $43.9M. The largest seller was Citigroup, cutting an estimated $114M.

  • 149 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q1 2024, down from 159 in Q4 2023.
  • Funds reported $1.01B of Invesco KBW Bank ETF stock for Q1 2024, down 7.1% quarter-over-quarter.
  • 16 funds opened new Invesco KBW Bank ETF positions in Q1 2024 and 24 closed out, a net change of -8 holders.
  • The largest Invesco KBW Bank ETF buyer in Q1 2024 was BNP Paribas Financial Markets, an estimated $43.9M added.
  • The largest Invesco KBW Bank ETF seller in Q1 2024 was Citigroup, an estimated $114M sold.

Based on aggregated 13F filings for Q1 2024.