Invesco KBW Property & Casualty Insurance ETF
KBWP
27 hedge funds and large institutions have $30M invested in Invesco KBW Property & Casualty Insurance ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
5.94% less ownership
Funds ownership: 37.25% → 31.31% (-5.9%)
7% less funds holding
Funds holding: 29 → 27 (-2)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
23% less capital invested
Capital invested by funds: $39M → $30M (-$9.01M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$664K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$411K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$286K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$107K |
| 5 |
SJIM
St. Johns Investment Management
Jacksonville,
Florida
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$4.74M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$793K |
| 4 |
Morgan Stanley
New York
|
-$776K |
| 5 |
Jane Street
New York
|
-$307K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $2K | +$2.34K | +40 | New |
|
|
TPWA
27
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$4.74M | -81,633 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$793K | -13,647 | Closed |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| – | -$137K | -2,356 | Closed |
|
|
NA
30
NewEdge Advisors
New Orleans,
Louisiana
| – | -$13.8K | -236 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$7K | -120 | Closed |
|
KBWP Hedge Fund Activity: Q3 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q3 2017, worth a combined $30M — down 23% from $39M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KBWP and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Raymond James & Associates, adding an estimated $664K. The largest seller was TRUE Private Wealth Advisors, exiting entirely with an estimated $4.74M sold.
- 27 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q3 2017, down from 29 in Q2 2017.
- Funds reported $30M of Invesco KBW Property & Casualty Insurance ETF stock for Q3 2017, down 23% quarter-over-quarter.
- 3 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q3 2017 and 5 closed out, a net change of -2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q3 2017 was Raymond James & Associates, an estimated $664K added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q3 2017 was TRUE Private Wealth Advisors, an estimated $4.74M sold.
Based on aggregated 13F filings for Q3 2017.