Invesco KBW Property & Casualty Insurance ETF
KBWP
58 hedge funds and large institutions have $205M invested in Invesco KBW Property & Casualty Insurance ETF in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
12% more funds holding
Funds holding: 52 → 58 (+6)
4.93% less ownership
Funds ownership: 76.98% → 72.05% (-4.9%)
28% less capital invested
Capital invested by funds: $285M → $205M (-$79.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$674K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$615K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$586K |
| 4 |
EH
Equitable Holdings
New York
|
+$516K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$47.6M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
-$19.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.64M |
| 4 |
Goldman Sachs
New York
|
-$3.42M |
| 5 |
Morgan Stanley
New York
|
-$2.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWM
51
BerganKDV Wealth Management
Bloomington,
Minnesota
| $16.4K | – | – | – |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| $15.6K | +$83 | +1 | +0.5% |
|
|
BFPW
53
BOK Financial Private Wealth
Denver,
Colorado
| $12.3K | – | – | – |
|
54
Fidelity Investments
Boston,
Massachusetts
| $9.41K | – | – | – |
|
|
SJIM
55
St. Johns Investment Management
Jacksonville,
Florida
| $8.19K | – | – | – |
|
|
CSPIA
56
Cary Street Partners Investment Advisory
Richmond,
Virginia
| $5.65K | +$5.71K | +69 | New |
|
|
PTC
57
Private Trust Company
Cleveland,
Ohio
| $2.21K | +$910 | +11 | +69% |
|
58
Fifth Third Bancorp
Cincinnati,
Ohio
| $2.05K | +$2.07K | +25 | New |
|
|
HNB
59
Huntington National Bank
Columbus,
Ohio
| $82 | – | – | – |
|
|
PS
60
Portfolio Strategies
Monsey,
New York
| – | -$19.4M | -233,704 | Closed |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$28.3K | -340 | Closed |
|
|
ASN
62
Advisory Services Network
Atlanta,
Georgia
| – | -$27.8K | -334 | Closed |
|
KBWP Hedge Fund Activity: Q2 2023 in Review
58 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q2 2023, worth a combined $205M — down 28% from $285M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KBWP positions and 3 closed out — a net gain of 6 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $674K. The largest seller was Menora Mivtachim Holdings, cutting an estimated $47.6M.
- 58 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q2 2023, up from 52 in Q1 2023.
- Funds reported $205M of Invesco KBW Property & Casualty Insurance ETF stock for Q2 2023, down 28% quarter-over-quarter.
- 9 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q2 2023 and 3 closed out, a net change of +6 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q2 2023 was HighTower Advisors, an estimated $674K added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q2 2023 was Menora Mivtachim Holdings, an estimated $47.6M sold.
Based on aggregated 13F filings for Q2 2023.