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Invesco KBW Bank ETF

260 hedge funds and large institutions have $4.48B invested in Invesco KBW Bank ETF in 2025 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 83 increasing their positions, 70 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 25

51% more call options, than puts

Call options by funds: $39.8M | Put options by funds: $26.4M

19% more capital invested

Capital invested by funds: $3.78B → $4.48B (+$704M)

19% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 70

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

13% more funds holding

Funds holding: 231260 (+29)

2.53% more ownership

Funds ownership: 83.39%85.92% (+2.5%)

Holders
260
Holders Change
+29
Holders Change %
+12.55%
% of All Funds
3.41%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.11%
New
57
Increased
83
Reduced
70
Closed
25
Calls
$39.8M
Puts
$26.4M
Net Calls
+$13.5M
Net Calls Change
-$71.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$967M -$35.1M -465,588 -4%
JP Morgan Chase
2
JP Morgan Chase
New York
$486M +$204M +2,712,112 +77%
HIIFS
3
Harel Insurance Investments & Financial Services
Israel
$327M +$144M +1,905,000 +84%
CI
4
Clal Insurance
Israel
$302M -$38.7M -514,000 -12%
MIFH
5
Migdal Insurance & Financial Holdings
Israel
$289M -$143M -1,902,000 -34%
Fisher Asset Management
6
Fisher Asset Management
Washington
$255M +$20.6M +273,692 +9%
MMH
7
Menora Mivtachim Holdings
Israel
$242M +$271K +3,600 +0.1%
Goldman Sachs
8
Goldman Sachs
New York
$212M -$17M -224,959 -8%
WBG
9
Wharton Business Group
Pennsylvania
$143M -$6.02M -79,912 -4%
Morgan Stanley
10
Morgan Stanley
New York
$128M +$39.3M +521,210 +47%
Two Sigma Investments
11
Two Sigma Investments
New York
$94.9M +$88.1M +1,168,848 +2,621%
Temasek Holdings
12
Temasek Holdings
Singapore
$83.6M +$80.6M +1,069,000 New
FT
13
Fiduciary Trust
Massachusetts
$60.8M -$11.2M -148,920 -16%
Osaic Holdings
14
Osaic Holdings
Arizona
$57.6M +$52.5M +696,676 +1,754%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$53.2M -$5.48M -72,696 -10%
STA
16
Summit Trail Advisors
New York
$50M +$12.5M +165,793 +35%
MIH
17
Meitav Investment House
Israel
$47.6M +$43M +570,000 +1,409%
GP
18
Guardian Partners
Canada
$44.8M -$2.06M -27,267 -4%
LPL Financial
19
LPL Financial
California
$35.8M +$3.47M +46,024 +11%
HI
20
Horizon Investments
North Carolina
$34M -$1.73M -22,917 -5%
Wells Fargo
21
Wells Fargo
California
$33.5M +$829K +11,004 +3%
Fidelity International
22
Fidelity International
Bermuda
$26.9M +$11.1M +147,361 +75%
VWM
23
Valley Wealth Managers
New Jersey
$23.6M +$3.63M +48,180 +19%
SCM
24
SOL Capital Management
Maryland
$20.8M -$1.33M -17,616 -6%
LNB
25
Ledyard National Bank
$20.4M -$680K -9,017 -3%

KBWB Hedge Fund Activity: Q3 2025 in Review

260 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q3 2025, worth a combined $4.48B — up 19% from $3.78B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new KBWB positions and 25 closed out — a net gain of 32 holders — while 83 added to existing stakes and 70 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $204M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $143M.

  • 260 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q3 2025, up from 231 in Q2 2025.
  • Funds reported $4.48B of Invesco KBW Bank ETF stock for Q3 2025, up 19% quarter-over-quarter.
  • 57 funds opened new Invesco KBW Bank ETF positions in Q3 2025 and 25 closed out, a net change of +32 holders.
  • The largest Invesco KBW Bank ETF buyer in Q3 2025 was JP Morgan Chase, an estimated $204M added.
  • The largest Invesco KBW Bank ETF seller in Q3 2025 was Migdal Insurance & Financial Holdings, an estimated $143M sold.

Based on aggregated 13F filings for Q3 2025.