Invesco KBW Property & Casualty Insurance ETF
KBWP
44 hedge funds and large institutions have $79.3M invested in Invesco KBW Property & Casualty Insurance ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 23 reducing their positions, and 18 closing their positions.
18.62% less ownership
Funds ownership: 72.05% → 53.43% (-19%)
24% less funds holding
Funds holding: 58 → 44 (-14)
57% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 23
61% less capital invested
Capital invested by funds: $205M → $79.3M (-$126M)
72% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
Equitable Holdings
New York
|
+$504K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$433K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$273K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$135K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$77.5M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$21.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.58M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.44M |
| 5 |
Morgan Stanley
New York
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HWAM
51
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| – | -$401K | -4,900 | Closed |
|
|
FTUS
52
Flow Traders U.S.
New York
| – | -$348K | -4,246 | Closed |
|
|
VWA
53
V Wealth Advisors
Overland Park,
Kansas
| – | -$335K | -4,088 | Closed |
|
|
WFC
54
Western Financial Corp
San Diego,
California
| – | -$306K | -3,738 | Closed |
|
55
Two Sigma Investments
New York
| – | -$295K | -3,600 | Closed |
|
|
MWM
56
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$291K | -3,556 | Closed |
|
|
IFG
57
Independent Financial Group
San Diego,
California
| – | -$262K | -3,200 | Closed |
|
58
Marshall Wace
London,
United Kingdom
| – | -$237K | -2,900 | Closed |
|
|
PFS
59
Prospera Financial Services
Dallas,
Texas
| – | -$237K | -2,889 | Closed |
|
|
AA
60
Ancora Advisors
Cleveland,
Ohio
| – | -$24.8K | -303 | Closed |
|
|
CFO
61
CVA Family Office
Denver,
Colorado
| – | -$20.5K | -250 | Closed |
|
|
PTC
62
Private Trust Company
Cleveland,
Ohio
| – | -$2.21K | -27 | Closed |
|
63
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2.05K | -25 | Closed |
|
KBWP Hedge Fund Activity: Q3 2023 in Review
44 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q3 2023, worth a combined $79.3M — down 61% from $205M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of KBWP and 5 opened new positions — a net loss of 13 holders — while 23 trimmed existing stakes and 10 added.
The largest buyer was Equitable Holdings, adding an estimated $504K. The largest seller was Menora Mivtachim Holdings, cutting an estimated $77.5M.
- 44 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q3 2023, down from 58 in Q2 2023.
- Funds reported $79.3M of Invesco KBW Property & Casualty Insurance ETF stock for Q3 2023, down 61% quarter-over-quarter.
- 5 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q3 2023 and 18 closed out, a net change of -13 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q3 2023 was Equitable Holdings, an estimated $504K added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q3 2023 was Menora Mivtachim Holdings, an estimated $77.5M sold.
Based on aggregated 13F filings for Q3 2023.