We are live on ! Find out more
KBWD icon

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
66
Holders Change
-10
Holders Change %
-13.16%
% of All Funds
0.8%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
4
Increased
27
Reduced
23
Closed
14
Calls
$275K
Puts
–
Net Calls
+$275K
Net Calls Change
+$17K

Top Buyers

1
Two Sigma Investments
Two Sigma Investments
New York
+$2.97M
2
MHFA
Mission Hills Financial Advisory
California
+$859K
3
KA
Kovack Advisors
Florida
+$696K
4
QC
Quadrature Capital
United Kingdom
+$564K
5
RIA
Regal Investment Advisors
Michigan
+$428K

Top Sellers

1
LPL Financial
LPL Financial
California
-$1.79M
2
Wells Fargo
Wells Fargo
California
-$1.19M
3
EH
Equitable Holdings
New York
-$614K
4
TCM
Triumph Capital Management
Colorado
-$581K
5
IFG
Independent Financial Group
California
-$399K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$11.7M -$385K -28,313 -3%
MHFA
2
Mission Hills Financial Advisory
California
$11.1M +$859K +63,108 +8%
LPL Financial
3
LPL Financial
California
$10.9M -$1.79M -131,814 -14%
Bank of America
4
Bank of America
North Carolina
$9.67M +$154K +11,324 +2%
GI
5
Gradient Investments
Minnesota
$7.5M +$157K +11,530 +2%
Wells Fargo
6
Wells Fargo
California
$6.31M -$1.19M -87,359 -16%
Two Sigma Investments
7
Two Sigma Investments
New York
$3.24M +$2.97M +218,600 +1,182%
Raymond James Financial
8
Raymond James Financial
Florida
$2.84M +$352K +25,838 +14%
TCMP
9
Thrive Capital Management (Pennsylvania)
Pennsylvania
$1.96M +$146K +10,696 +8%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$1.82M +$248K +18,261 +16%
UBS Group
11
UBS Group
Switzerland
$1.3M -$148K -10,882 -10%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.01M +$168K +12,316 +20%
KA
13
Kovack Advisors
Florida
$947K +$696K +51,177 +282%
HIS
14
Harvest Investment Services
Illinois
$934K +$8.84K +650 +1%
Osaic Holdings
15
Osaic Holdings
Arizona
$788K +$317K +23,317 +68%
EWM
16
Endowment Wealth Management
Wisconsin
$749K +$35.1K +2,577 +5%
KWA
17
Kingswood Wealth Advisors
California
$748K +$14.8K +1,086 +2%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$713K -$100K -7,361 -12%
MML Investors Services
19
MML Investors Services
Massachusetts
$677K +$22.9K +1,686 +4%
QC
20
Quadrature Capital
United Kingdom
$566K +$564K +41,453 New
IA
21
IFP Advisors
Florida
$565K +$230K +16,878 +69%
TRCT
22
Tower Research Capital (TRC)
New York
$479K +$115K +8,459 +32%
EH
23
Equitable Holdings
New York
$447K -$614K -45,111 -58%
CW
24
CreativeOne Wealth
Kansas
$438K +$82.6K +6,072 +23%
RIA
25
Regal Investment Advisors
Michigan
$430K +$428K +31,454 New
1
2 3 4

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.