Invesco KBW High Dividend Yield Financial ETF
KBWD
66 hedge funds and large institutions have $82.8M invested in Invesco KBW High Dividend Yield Financial ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 14 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
2% more capital invested
Capital invested by funds: $81.1M → $82.8M (+$1.69M)
0.05% more ownership
Funds ownership: 19.65% → 19.7% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 76 → 66 (-10)
71% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.97M |
| 2 |
MHFA
Mission Hills Financial Advisory
San Diego,
California
|
+$859K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$696K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$564K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.19M |
| 3 |
EH
Equitable Holdings
New York
|
-$614K |
| 4 |
TCM
Triumph Capital Management
Denver,
Colorado
|
-$581K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$13.6K | -1,005 | Closed |
|
|
PTC
77
Private Trust Company
Cleveland,
Ohio
| – | -$8.81K | -651 | Closed |
|
|
SC
78
Stance Capital
Boston,
Massachusetts
| – | -$6.72K | -497 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$1.35K | -100 | Closed |
|
|
PS
80
Principal Securities
Des Moines,
Iowa
| – | -$1.18K | -87 | Closed |
|
81
BNP Paribas Financial Markets
Paris,
France
| – | -$95 | -7 | Closed |
|
KBWD Hedge Fund Activity: Q4 2025 in Review
66 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW High Dividend Yield Financial ETF (KBWD) for Q4 2025, worth a combined $82.8M — up 2.1% from $81.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of KBWD and 4 opened new positions — a net loss of 10 holders — while 23 trimmed existing stakes and 27 added.
The largest buyer was Two Sigma Investments, adding an estimated $2.97M. The largest seller was LPL Financial, cutting an estimated $1.79M.
- 66 institutional investors held Invesco KBW High Dividend Yield Financial ETF (KBWD) as of Q4 2025, down from 76 in Q3 2025.
- Funds reported $82.8M of Invesco KBW High Dividend Yield Financial ETF stock for Q4 2025, up 2.1% quarter-over-quarter.
- 4 funds opened new Invesco KBW High Dividend Yield Financial ETF positions in Q4 2025 and 14 closed out, a net change of -10 holders.
- The largest Invesco KBW High Dividend Yield Financial ETF buyer in Q4 2025 was Two Sigma Investments, an estimated $2.97M added.
- The largest Invesco KBW High Dividend Yield Financial ETF seller in Q4 2025 was LPL Financial, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2025.