Invesco KBW Property & Casualty Insurance ETF
KBWP
13 hedge funds and large institutions have $17.1M invested in Invesco KBW Property & Casualty Insurance ETF in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
5.82% more ownership
Funds ownership: 73.42% → 79.24% (+5.8%)
9% less capital invested
Capital invested by funds: $18.8M → $17.1M (-$1.71M)
13% less funds holding
Funds holding: 15 → 13 (-2)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.37M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$371K |
| 3 |
HCM
Harvest Capital Management
Concord,
New Hampshire
|
+$134K |
| 4 |
LPL Financial
San Diego,
California
|
+$120K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.86M |
| 2 |
Morgan Stanley
New York
|
-$1.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$668K |
| 4 |
AIG
American International Group
New York
|
-$602K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
-$556K |
KBWP Hedge Fund Activity: Q4 2013 in Review
13 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q4 2013, worth a combined $17.1M — down 9.1% from $18.8M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of KBWP and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.37M. The largest seller was Susquehanna International Group, cutting an estimated $1.86M.
- 13 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q4 2013, down from 15 in Q3 2013.
- Funds reported $17.1M of Invesco KBW Property & Casualty Insurance ETF stock for Q4 2013, down 9.1% quarter-over-quarter.
- 1 fund opened new Invesco KBW Property & Casualty Insurance ETF positions in Q4 2013 and 2 closed out, a net change of -1 holder.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q4 2013 was Royal Bank of Canada, an estimated $1.37M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q4 2013 was Susquehanna International Group, an estimated $1.86M sold.
Based on aggregated 13F filings for Q4 2013.