Invesco KBW Property & Casualty Insurance ETF
KBWP
15 hedge funds and large institutions have $18.8M invested in Invesco KBW Property & Casualty Insurance ETF in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
4.32% less ownership
Funds ownership: 77.74% → 73.42% (-4.3%)
17% less funds holding
Funds holding: 18 → 15 (-3)
23% less capital invested
Capital invested by funds: $24.5M → $18.8M (-$5.72M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.86M |
| 2 |
LPL Financial
San Diego,
California
|
+$618K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$473K |
| 4 |
KFS
KMS Financial Services
Seattle,
Washington
|
+$51.3K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$51.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$713K |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$665K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$313K |
KBWP Hedge Fund Activity: Q3 2013 in Review
15 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q3 2013, worth a combined $18.8M — down 23% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KBWP and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.86M. The largest seller was Morgan Stanley, cutting an estimated $6.4M.
- 15 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q3 2013, down from 18 in Q2 2013.
- Funds reported $18.8M of Invesco KBW Property & Casualty Insurance ETF stock for Q3 2013, down 23% quarter-over-quarter.
- 3 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q3 2013 and 5 closed out, a net change of -2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q3 2013 was Royal Bank of Canada, an estimated $1.86M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q3 2013 was Morgan Stanley, an estimated $6.4M sold.
Based on aggregated 13F filings for Q3 2013.