Invesco KBW Property & Casualty Insurance ETF
KBWP
21 hedge funds and large institutions have $27.7M invested in Invesco KBW Property & Casualty Insurance ETF in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
13% less funds holding
Funds holding: 24 → 21 (-3)
20.68% less ownership
Funds ownership: 66.24% → 45.56% (-21%)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
42% less capital invested
Capital invested by funds: $48M → $27.7M (-$20.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$3.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.63M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$916K |
| 4 |
LPL Financial
San Diego,
California
|
+$683K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$546K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$12.4M |
| 2 |
SG Americas Securities
New York
|
-$4.88M |
| 3 |
Morgan Stanley
New York
|
-$3.07M |
| 4 |
Jane Street
New York
|
-$1.58M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
KBWP Hedge Fund Activity: Q3 2016 in Review
21 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Property & Casualty Insurance ETF (KBWP) for Q3 2016, worth a combined $27.7M — down 42% from $48M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KBWP and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $3.44M. The largest seller was Janney Capital Management, cutting an estimated $12.4M.
- 21 institutional investors held Invesco KBW Property & Casualty Insurance ETF (KBWP) as of Q3 2016, down from 24 in Q2 2016.
- Funds reported $27.7M of Invesco KBW Property & Casualty Insurance ETF stock for Q3 2016, down 42% quarter-over-quarter.
- 3 funds opened new Invesco KBW Property & Casualty Insurance ETF positions in Q3 2016 and 5 closed out, a net change of -2 holders.
- The largest Invesco KBW Property & Casualty Insurance ETF buyer in Q3 2016 was HighTower Advisors, an estimated $3.44M added.
- The largest Invesco KBW Property & Casualty Insurance ETF seller in Q3 2016 was Janney Capital Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2016.