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Invesco KBW Bank ETF

309 hedge funds and large institutions have $4.59B invested in Invesco KBW Bank ETF in 2025 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $94.5M | Put options by funds: $28.2M

177% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 31

25% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 77

19% more funds holding

Funds holding: 260309 (+49)

2% more capital invested

Capital invested by funds: $4.48B → $4.59B (+$108M)

10.3% less ownership

Funds ownership: 85.92%75.61% (-10%)

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
309
Holders Change
+49
Holders Change %
+18.85%
% of All Funds
3.76%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
86
Increased
96
Reduced
77
Closed
31
Calls
$94.5M
Puts
$28.2M
Net Calls
+$66.2M
Net Calls Change
+$52.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.04B -$2.38M -30,095 -0.2%
JP Morgan Chase
2
JP Morgan Chase
New York
$773M +$233M +2,950,181 +47%
Fisher Asset Management
3
Fisher Asset Management
Washington
$301M +$24M +303,052 +9%
MMH
4
Menora Mivtachim Holdings
Israel
$299M +$36.4M +459,850 +15%
Goldman Sachs
5
Goldman Sachs
New York
$239M +$9.63M +121,744 +4%
CI
6
Clal Insurance
Israel
$191M -$126M -1,594,000 -41%
MIFH
7
Migdal Insurance & Financial Holdings
Israel
$182M -$121M -1,529,250 -41%
Temasek Holdings
8
Temasek Holdings
Singapore
$168M +$72.8M +920,001 +86%
WBG
9
Wharton Business Group
Pennsylvania
$154M -$684K -8,644 -0.5%
Morgan Stanley
10
Morgan Stanley
New York
$123M -$13.7M -173,680 -11%
BNP Paribas Financial Markets
11
BNP Paribas Financial Markets
France
$72.1M +$67.6M +855,044 New
Osaic Holdings
12
Osaic Holdings
Arizona
$60.9M -$1.07M -13,545 -2%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$59.6M +$2.11M +26,652 +4%
FT
14
Fiduciary Trust
Massachusetts
$53.5M -$11.3M -142,601 -18%
EDRH
15
Edmond de Rothschild Holding
Switzerland
$52.5M +$37.1M +468,675 +304%
LPL Financial
16
LPL Financial
California
$47.6M +$8.54M +107,910 +24%
STA
17
Summit Trail Advisors
New York
$45.4M -$7.97M -100,743 -16%
Wells Fargo
18
Wells Fargo
California
$41.9M +$5.4M +68,291 +16%
Fidelity International
19
Fidelity International
Bermuda
$38.7M +$8.95M +113,195 +33%
HI
20
Horizon Investments
North Carolina
$33.5M -$2.95M -37,318 -9%
CA
21
Cornerstone Advisors
North Carolina
$30.4M +$28.5M +360,669 New
UBS Group
22
UBS Group
Switzerland
$25.7M +$3.67M +46,460 +18%
LNB
23
Ledyard National Bank
$21M -$899K -11,370 -4%
SCM
24
SOL Capital Management
Maryland
$20.6M -$1.67M -21,175 -8%
Citadel Advisors
25
Citadel Advisors
Florida
$18.5M +$13.3M +168,566 +332%

KBWB Hedge Fund Activity: Q4 2025 in Review

309 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Bank ETF (KBWB) for Q4 2025, worth a combined $4.59B — up 2.4% from $4.48B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new KBWB positions and 31 closed out — a net gain of 55 holders — while 96 added to existing stakes and 77 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $233M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $330M.

  • 309 institutional investors held Invesco KBW Bank ETF (KBWB) as of Q4 2025, up from 260 in Q3 2025.
  • Funds reported $4.59B of Invesco KBW Bank ETF stock for Q4 2025, up 2.4% quarter-over-quarter.
  • 86 funds opened new Invesco KBW Bank ETF positions in Q4 2025 and 31 closed out, a net change of +55 holders.
  • The largest Invesco KBW Bank ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $233M added.
  • The largest Invesco KBW Bank ETF seller in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $330M sold.

Based on aggregated 13F filings for Q4 2025.