Invesco KBW Property & Casualty Insurance ETF
KBWP
67 hedge funds and large institutions have $292M invested in Invesco KBW Property & Casualty Insurance ETF in 2025 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 13 closing their positions.
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 68 → 67 (-1)
2.05% less ownership
Funds ownership: 63.53% → 61.47% (-2.1%)
8% less capital invested
Capital invested by funds: $316M → $292M (-$23.7M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$10.2M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$6.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.15M |
| 4 |
HF
HRT Financial
New York
|
+$2.93M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$23.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.22M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.67M |
| 5 |
Morgan Stanley
New York
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
76
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$331K | -2,692 | Closed |
|
|
WFC
77
Western Financial Corp
San Diego,
California
| – | -$290K | -2,362 | Closed |
|
|
WSC
78
Wellington Shields & Co
New York
| – | -$270K | -2,199 | Closed |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$197K | -1,602 | Closed |
|
80
Simplex Trading
Chicago,
Illinois
| – | -$16K | -138 | Closed |
|
81
Belvedere Trading
Chicago,
Illinois
| – | -$12.3K | -100 | Closed |
|
|
AF
82
Allworth Financial
Folsom,
California
| – | -$246 | -2 | Closed |
|
KBWP Hedge Fund Activity: Q3 2025 in Review
67 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q3 2025, worth a combined $292M — down 7.5% from $316M a quarter earlier.
Fund positioning in KBWP was balanced in Q3 2025: 13 funds opened new positions, 13 closed out, 19 added to existing stakes and 22 trimmed.
The largest buyer was Virtue Capital Management, adding an estimated $10.2M. The largest seller was HighTower Advisors, exiting entirely with an estimated $23.8M sold.
- 67 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q3 2025, down from 68 in Q2 2025.
- Funds reported $292M of Invesco KBW Property & Casualty Insurance ETF stock for Q3 2025, down 7.5% quarter-over-quarter.
- 13 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q3 2025 and 13 closed out, a net change of 0 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q3 2025 was Virtue Capital Management, an estimated $10.2M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q3 2025 was HighTower Advisors, an estimated $23.8M sold.
Based on aggregated 13F filings for Q3 2025.