Invesco KBW Property & Casualty Insurance ETF
KBWP
27 hedge funds and large institutions have $60.1M invested in Invesco KBW Property & Casualty Insurance ETF in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
8% more funds holding
Funds holding: 25 → 27 (+2)
18.76% less ownership
Funds ownership: 90.75% → 71.99% (-19%)
31% less capital invested
Capital invested by funds: $87.1M → $60.1M (-$27M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$13.6M |
| 2 |
SG Americas Securities
New York
|
+$4.41M |
| 3 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$3.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.85M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16.2M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$14.8M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$14.4M |
| 4 |
Jane Street
New York
|
-$4.08M |
| 5 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
-$3.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | +$1.26K | +27 | +52% |
|
|
ATC
27
Adirondack Trust Company
Saratoga Springs,
New York
| $2K | +$1.91K | +41 | New |
|
|
CI
28
Cavalier Investments
Alpharetta,
Georgia
| – | -$3.35M | -69,683 | Closed |
|
|
BCM
29
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$433K | -9,000 | Closed |
|
30
Stifel Financial
St. Louis,
Missouri
| – | -$251K | -5,222 | Closed |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| – | -$10K | -201 | Closed |
|
|
AIA
32
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$2K | -34 | Closed |
|
KBWP Hedge Fund Activity: Q1 2016 in Review
27 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q1 2016, worth a combined $60.1M — down 31% from $87.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KBWP positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $13.6M. The largest seller was Envestnet Asset Management, cutting an estimated $16.2M.
- 27 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q1 2016, up from 25 in Q4 2015.
- Funds reported $60.1M of Invesco KBW Property & Casualty Insurance ETF stock for Q1 2016, down 31% quarter-over-quarter.
- 8 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q1 2016 and 6 closed out, a net change of +2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q1 2016 was Janney Capital Management, an estimated $13.6M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q1 2016 was Envestnet Asset Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q1 2016.