Invesco KBW Property & Casualty Insurance ETF
KBWP
11 hedge funds and large institutions have $4.89M invested in Invesco KBW Property & Casualty Insurance ETF in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
15% less funds holding
Funds holding: 13 → 11 (-2)
21.17% less ownership
Funds ownership: 71.06% → 49.89% (-21%)
59% less capital invested
Capital invested by funds: $12M → $4.89M (-$7.12M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$627K |
| 2 |
LPL Financial
San Diego,
California
|
+$58.5K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$3.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harvest Capital Management
Concord,
New Hampshire
|
-$5.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.44M |
| 3 |
Morgan Stanley
New York
|
-$376K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$162K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.97M | +$627K | +16,308 | +48% |
|
|
VKH
2
Virtu KCG Holdings
New York
| $880K | -$12.2K | -318 | -1% |
|
|
3
LPL Financial
San Diego,
California
| $850K | +$58.5K | +1,520 | +8% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $779K | -$1.44M | -37,488 | -65% |
|
5
Stifel Financial
St. Louis,
Missouri
| $233K | -$16.8K | -436 | -7% |
|
6
Wells Fargo
San Francisco,
California
| $51K | – | – | – |
|
|
7
Morgan Stanley
New York
| $47K | -$376K | -9,771 | -89% |
|
8
Ameriprise
Minneapolis,
Minnesota
| $36K | – | – | – |
|
|
AIG
9
American International Group
New York
| $24.1K | -$8.73K | -227 | -27% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $24K | – | – | – |
|
|
BRWA
11
B. Riley Wealth Advisors
Boca Raton,
Florida
| $3.14K | +$3.08K | +80 | New |
|
|
HCM
12
Harvest Capital Management
Concord,
New Hampshire
| – | -$5.99M | -159,375 | Closed |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | -$162K | -4,308 | Closed |
|
|
U
14
UBS
Zurich,
Switzerland
| – | -$39K | -1,047 | Closed |
|
KBWP Hedge Fund Activity: Q2 2014 in Review
11 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q2 2014, worth a combined $4.89M — down 59% from $12M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KBWP and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Royal Bank of Canada, adding an estimated $627K. The largest seller was Harvest Capital Management, exiting entirely with an estimated $5.99M sold.
- 11 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q2 2014, down from 13 in Q1 2014.
- Funds reported $4.89M of Invesco KBW Property & Casualty Insurance ETF stock for Q2 2014, down 59% quarter-over-quarter.
- 1 fund opened new Invesco KBW Property & Casualty Insurance ETF positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q2 2014 was Royal Bank of Canada, an estimated $627K added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q2 2014 was Harvest Capital Management, an estimated $5.99M sold.
Based on aggregated 13F filings for Q2 2014.