Invesco KBW Property & Casualty Insurance ETF
KBWP
24 hedge funds and large institutions have $48M invested in Invesco KBW Property & Casualty Insurance ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 7 closing their positions.
5.75% less ownership
Funds ownership: 71.99% → 66.24% (-5.8%)
11% less funds holding
Funds holding: 27 → 24 (-3)
20% less capital invested
Capital invested by funds: $60.1M → $48M (-$12.1M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.53M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.13M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$369K |
| 4 |
SG Americas Securities
New York
|
+$146K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$82.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.47M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.36M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.8M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.68M |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
26
Niemann Capital Management
Stateline,
Nevada
| – | -$532K | -10,837 | Closed |
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$376K | -7,663 | Closed |
|
|
AIG
28
American International Group
New York
| – | -$133K | -2,690 | Closed |
|
29
Citigroup
New York
| – | -$4K | -79 | Closed |
|
|
ATC
30
Adirondack Trust Company
Saratoga Springs,
New York
| – | -$2K | -41 | Closed |
|
KBWP Hedge Fund Activity: Q2 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q2 2016, worth a combined $48M — down 20% from $60.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KBWP and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $2.53M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $6.47M sold.
- 24 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q2 2016, down from 27 in Q1 2016.
- Funds reported $48M of Invesco KBW Property & Casualty Insurance ETF stock for Q2 2016, down 20% quarter-over-quarter.
- 5 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q2 2016 was Jane Street, an estimated $2.53M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q2 2016 was United Capital Financial Advisors, an estimated $6.47M sold.
Based on aggregated 13F filings for Q2 2016.