Vault-13

INVESCO EXCH TRADED FD TR II KBWB

KBW BK ETF · ETP · CUSIP 46138E628

159 institutional holders +17 vs Q3 2023
22,230,59922.2m shares reported held*
$1.1bnreported value*
27 new 39 added 61 reduced 20 sold out net sold ≈ $244.3m (-5.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $49.21. Options: 5 managers hold calls ($81.6m notional), 6 hold puts ($9.8m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 139Q4 22: 160Q1 23: 157Q2 23: 148Q3 23: 142Q4 23: 159159Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022139
Q4 2022160
Q1 2023157
Q2 2023148
Q3 2023142
Q4 2023159

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 71 bought or addedQ4 22: 66 cut or sold outQ4 22Q1 23: 81 bought or addedQ1 23: 83 cut or sold outQ1 23Q2 23: 65 bought or addedQ2 23: 83 cut or sold outQ2 23Q3 23: 57 bought or addedQ3 23: 77 cut or sold outQ3 23Q4 23: 66 bought or addedQ4 23: 81 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227166
Q1 20238183
Q2 20236583
Q3 20235777
Q4 20236681

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ1 23 calls: $5.0mQ1 23 puts: $10.6mQ1 23P/C 2.12Q2 23 calls: $8.1mQ2 23 puts: $4.1mQ2 23P/C 0.51Q3 23 calls: $4.1mQ3 23 puts: $8.4mQ3 23P/C 2.05Q4 23 calls: $81.6mQ4 23 puts: $9.8mQ4 23P/C 0.12
Numbers
QuarterCallsPutsP/C
Q1 2023$5.0m$10.6m2.12
Q2 2023$8.1m$4.1m0.51
Q3 2023$4.1m$8.4m2.05
Q4 2023$81.6m$9.8m0.12

Biggest buyers

CITIGROUP INC Added +2,392,824+2.4m
Rockefeller Capital Management L.P. New +769,983+770.0k
BANK OF AMERICA CORP /DE/ Added +688,116+688.1k
BARCLAYS PLC Added +590,197+590.2k
BNP PARIBAS FINANCIAL MARKETS Added +433,633+433.6k
ROYAL BANK OF CANADA Added +426,877+426.9k
Wharton Business Group, LLC Added +421,148+421.1k
Fisher Asset Management, LLC Added +392,919+392.9k
MORGAN STANLEY Added +382,372+382.4k
JPMORGAN CHASE & CO Added +353,709+353.7k

Biggest sellers

Varma Mutual Pension Insurance Co Sold out -5,800,272-5.8m
MENORA MIVTACHIM HOLDINGS LTD. Sold out -3,854,826-3.9m
Harel Insurance Investments & Financial Services Ltd. Reduced -1,550,000-1.6m
Composition Wealth, LLC Reduced -325,824-325.8k
BANK HAPOALIM BM Reduced -190,705-190.7k
GOLDMAN SACHS GROUP INC Reduced -121,410-121.4k
MRA Advisory Group Sold out -87,203-87.2k
MARSHALL WACE, LLP Sold out -61,226-61.2k
GATES FOUNDATION TRUST Sold out -50,270-50.3k
ALTFEST L J & CO INC Sold out -43,287-43.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $41.3m840.1k shares
CITADEL ADVISORS LLC Added $33.6m683.8k shares
WOLVERINE TRADING, LLC Added $5.4m109.5k shares
Squarepoint Ops LLC New $1.2m25.0k shares
Cutler Group LLC / CA Reduced $13.0k1.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m77.5k shares
CITADEL ADVISORS LLC Added $3.8m76.7k shares
Squarepoint Ops LLC New $1.2m25.0k shares
CAPITAL FUND MANAGEMENT S.A. New $639.5k13.0k shares
WOLVERINE TRADING, LLC Reduced $383.7k7.8k shares
Cutler Group LLC / CA Reduced $01.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 7,461,8037.5m $367.0m $367.0m 0.04% Added +688.1k +688,116
2 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 2,393,7312.4m $117.7m $117.7m 0.16% Added +2.4m +2,392,824
3 Wharton Business Group, LLC 4.08% of their portfolio MALVERN, PA 1,648,2221.6m $81.1m $81.1m 4.08% Added +421.1k +421,148
4 Fisher Asset Management, LLC 0.04% of their portfolio PLANO, TX 1,593,1751.6m $78.4m $78.4m 0.04% Added +392.9k +392,919
5 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 973,536973.5k $47.9m $47.9m 0.02% Added +590.2k +590,197
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 792,712792.7k $39.0m $39.0m 0.00% Added +382.4k +382,372
7 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 769,983770.0k $37.9m $37.9m 0.13% New
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 617,236617.2k $30.4m $30.4m 0.01% Reduced -121.4k -121,410
9 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 577,136577.1k $28.4m $28.4m 0.05% Added +433.6k +433,633
10 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 508,187508.2k $25.0m $25.0m 0.01% Added +426.9k +426,877
11 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 494,060494.1k $24.3m $24.3m 0.01% Added +22.2k +22,190
12 WP Advisors, LLC 8.69% of their portfolio San Francisco, CA 477,199477.2k $23.5m $23.5m 8.69% Added +15.6k +15,592
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 396,922396.9k $19.5m $19.5m 0.00% Added +353.7k +353,709
14 SOL Capital Management CO 2.54% of their portfolio ROCKVILLE, MD 380,820380.8k $18.7m $18.7m 2.54% Reduced -1.5k -1,471
15 Ledyard National Bank 1.74% of their portfolio HANOVER, NH 343,839343.8k $16.9m $16.9m 1.74% Reduced -397 -397
16 Nan Shan Life Insurance Co., Ltd. 0.29% of their portfolio Taipei City, F5 240,695240.7k $11.8m $11.8m 0.29% Unchanged
17 UBS Group AG 0.00% of their portfolio ZURICH, V8 197,604197.6k $9.7m $9.7m 0.00% Reduced -15.8k -15,765
18 Point Break Capital Management, LLC 7.62% of their portfolio MIAMI, FL 124,000124.0k $6.1m $6.1m 7.62% New
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 111,835111.8k $5.5m $5.5m 0.01% Reduced -6.9k -6,909
20 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 111,034111.0k $5.5m $5.5m 0.01% Added +69.0k +68,974
21 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 109,803109.8k $5.4m $5.4m 0.01% Reduced -11.6k -11,646
22 Lighthouse Investment Partners, LLC 0.39% of their portfolio Palm Beach Gardens, FL 107,666107.7k $5.3m $5.3m 0.39% New
23 RFG Holdings, Inc. 2.69% of their portfolio Argyle, TX 107,621107.6k $5.3m $5.3m 2.69% Added +12.8k +12,813
24 LOWE BROCKENBROUGH & CO INC 0.39% of their portfolio RICHMOND, VA 102,433102.4k $5.0m $5.0m 0.39% Reduced -41.0k -41,033
25 NORTH POINT PORTFOLIO MANAGERS CORP/OH 0.84% of their portfolio ORANGE VILLAGE, OH 94,02394.0k $4.6m $4.6m 0.84% Reduced -42.1k -42,142
26 PGIM Custom Harvest LLC 0.14% of their portfolio NEWARK, NJ 93,97594.0k $4.6m $4.6m 0.14% Added +4.5k +4,466
27 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 82,34882.3k $4.1m $4.1m 0.00% Added +4.5k +4,466
28 STEPHENS INC /AR/ 0.07% of their portfolio LITTLE ROCK, AR 80,88280.9k $4.0m $4.0m 0.07% Added +9.3k +9,317
29 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 79,38679.4k $3.9m $3.9m 0.03% Added +64.8k +64,843
30 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 78,23578.2k $3.8m $3.8m 0.05% Reduced -1.7k -1,725
31 SYNOVUS FINANCIAL CORP 0.04% of their portfolio Columbus, GA 59,64659.6k $2.9m $2.9m 0.04% Reduced -2.2k -2,247
32 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 57,07057.1k $2.8m $2.8m 0.03% Reduced -5.8k -5,778
33 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 56,83856.8k $2.8m $2.8m 0.00% New
34 ProVise Management Group, LLC 0.22% of their portfolio CLEARWATER, FL 52,85052.9k $2.6m $2.6m 0.22% Reduced -1.6k -1,589
35 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 39,42339.4k $1.9m $1.9m 0.02% Added +1.4k +1,363
36 MEITAV INVESTMENT HOUSE LTD 0.03% of their portfolio BENE-BERAQ, L3 37,19337.2k $1.8m $1.8m 0.03% Reduced -336 -336
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 32,42332.4k $1.6m $1.6m 0.00% Reduced -1.3k -1,252
38 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 30,33630.3k $1.5m $1.5m 0.02% New
39 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 30,09430.1k $1.5m $1.5m 0.02% Reduced -13.2k -13,246
40 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,84928.8k $1.4m $1.4m 0.00% Reduced -20.4k -20,428
41 Fiduciary Trust Co 0.02% of their portfolio Boston, MA 25,53025.5k $1.3m $1.3m 0.02% Reduced -10.1k -10,076
42 Addison Advisors LLC 0.46% of their portfolio MIDDLEBURY, VT 23,75323.8k $1.2m $1.2m 0.46% Added +1.8k +1,765
43 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 22,69722.7k $1.1m $1.1m 0.00% New
44 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 21,72621.7k $1.1m $1.1m 0.03% New
45 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,49719.5k $959.1k $959.1k 0.00% Added +278 +278
46 ROCKLAND TRUST CO 0.05% of their portfolio HANOVER, MA 18,97119.0k $933.2k $933.2k 0.05% Reduced -6.0k -6,042
47 Koshinski Asset Management, Inc. 0.13% of their portfolio DECATUR, IL 17,87217.9k $879.1k $879.1k 0.13% Added +7.8k +7,783
48 Laidlaw Wealth Management LLC 0.32% of their portfolio NEW YORK CITY, NY 17,64217.6k $867.8k $867.8k 0.32% Unchanged
49 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,36717.4k $854.3k $854.3k 0.00% Added +7.6k +7,625
50 PARSONS CAPITAL MANAGEMENT INC/RI 0.06% of their portfolio PROVIDENCE, RI 15,76615.8k $775.5k $775.5k 0.06% Reduced -1.0k -1,000
51 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 15,67415.7k $771.0k $771.0k 0.00% Unchanged
52 VALICENTI ADVISORY SERVICES INC 0.22% of their portfolio ELMIRA, NY 14,70014.7k $723.0k $723.0k 0.22% Reduced -374 -374
53 Glenview Trust Co 0.02% of their portfolio Louisville, KY 14,37614.4k $707.2k $707.2k 0.02% New
54 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,13714.1k $695.4k $695.4k 0.00% Reduced -27.5k -27,528
55 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,02214.0k $686.0k $686.0k 0.00% Reduced -1.4k -1,367
56 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,61713.6k $670.0k $670.0k 0.00% Reduced -468 -468
57 Global Retirement Partners, LLC 0.03% of their portfolio San Rafael, CA 13,36213.4k $636.0k $636.0k 0.03% Added +13.2k +13,162
58 GLOBALT Investments LLC / GA 0.03% of their portfolio Atlanta, GA 13,06813.1k $642.8k $642.8k 0.03% First filing
59 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 12,81212.8k $630.2k $630.2k 0.00% Reduced -535 -535
60 SAPIENT CAPITAL LLC 0.02% of their portfolio INDIANAPOLIS, IN 12,77912.8k $628.6k $628.6k 0.02% First filing
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 12,19212.2k $599.7k $599.7k 0.00% Reduced -3.8k -3,832
62 Cutler Group LLC / CA 0.08% of their portfolio SAN FRANCISCO, CA 12,19112.2k $599.0k $599.0k 0.08% Reduced -1.6k -1,610
63 DUMONT & BLAKE INVESTMENT ADVISORS LLC 0.18% of their portfolio PRINCETON, NJ 11,91011.9k $586.0k $586.0k 0.18% Reduced -213 -213
64 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 11,81611.8k $581.2k $581.2k 0.01% Reduced -37.4k -37,359
65 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 11,50711.5k $566.0k $566.0k 0.00% Reduced -7.7k -7,701
66 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 10,94110.9k $538.0k $538.0k 0.02% New
67 Family Manage LLC 0.11% of their portfolio NEW YORK, NY 10,81710.8k $532.1k $532.1k 0.11% New
68 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 10,65610.7k $524.1k $524.1k 0.01% Added +2.9k +2,865
69 Beacon Financial Advisory LLC 0.25% of their portfolio CLEVELAND, OH 10,56510.6k $519.7k $519.7k 0.25% Reduced -125 -125
70 HAZLETT, BURT & WATSON, INC. 0.34% of their portfolio WHEELING, WV 10,34510.3k $510.0k $510.0k 0.34% New
71 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 10,16810.2k $500.0k $500.0k 0.00% Added +379 +379
72 One Day In July LLC 0.07% of their portfolio BURLINGTON, VT 9,8849.9k $486.2k $486.2k 0.07% Reduced -251 -251
73 CITIZENS & NORTHERN CORP 0.17% of their portfolio WELLSBORO, PA 9,6019.6k $472.3k $472.3k 0.17% New
74 Plancorp, LLC 0.02% of their portfolio SAINT LOUIS, MO 9,4489.4k $464.7k $464.7k 0.02% Unchanged
75 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 9,3259.3k $458.7k $458.7k 0.01% Reduced -325.8k -325,824
76 Florida Trust Wealth Management Co 0.01% of their portfolio SANIBEL, FL 8,2208.2k $404.3k $404.3k 0.01% First filing
77 Gratus Wealth Advisors, LLC 0.08% of their portfolio VIRGINIA BEACH, VA 8,1928.2k $403.0k $403.0k 0.08% First filing
78 CWM, LLC 0.00% of their portfolio OMAHA, NE 7,9467.9k $391.0k $391.0k 0.00% Added +66 +66
79 BANK HAPOALIM BM 0.05% of their portfolio TEL AVIV, L3 7,8347.8k $385.0k $385.0k 0.05% Reduced -190.7k -190,705
80 Accredited Investors Inc. 0.03% of their portfolio EDINA, MN 7,5197.5k $369.9k $369.9k 0.03% Reduced -877 -877
81 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 6,8616.9k $337.5k $337.5k 0.01% New
82 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 6,5946.6k $324.4k $324.4k 0.00% Reduced -5.9k -5,900
83 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 6,2756.3k $308.7k $308.7k 0.02% Reduced -316 -316
84 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 6,1436.1k $302.2k $302.2k 0.00% Reduced -90 -90
85 Broadleaf Partners, LLC 0.08% of their portfolio Hudson, OH 5,4915.5k $270.1k $270.1k 0.08% Reduced -180 -180
86 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 5,2325.2k $257.4k $257.4k 0.00% Reduced -496 -496
87 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 5,1985.2k $255.7k $255.7k 0.00% Reduced -432 -432
88 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 5,1185.1k $251.8k $251.8k 0.00% Added +228 +228
89 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 5,1015.1k $250.9k $250.9k 0.02% Reduced -5.9k -5,874
90 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 5,0055.0k $246.2k $246.2k 0.00% New
91 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 5,0005.0k $245.9k $245.9k 0.00% Reduced -2.4k -2,385
92 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 5,0005.0k $245.9k $245.9k 0.00% New
93 FRG Family Wealth Advisors LLC 0.05% of their portfolio BELLEVUE, WA 4,9705.0k $244.5k $244.5k 0.05% Reduced -3.3k -3,305
94 Octavia Wealth Advisors, LLC 0.04% of their portfolio CINCINNATI, OH 4,7134.7k $231.8k $231.8k 0.04% Reduced -664 -664
95 Robertson Stephens Wealth Management, LLC 0.01% of their portfolio San Francisco, CA 4,6234.6k $227.4k $227.4k 0.01% Reduced -1.7k -1,711
96 Fifth Third Securities, Inc. 0.02% of their portfolio Cincinnati, OH 4,3114.3k $212.1k $212.1k 0.02% New
97 Harvest Fund Management Co., Ltd 0.03% of their portfolio BEIJING, F4 4,2114.2k $186.0k $186.0k 0.03% Reduced -2.5k -2,535
98 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 2,6832.7k $132.0k $132.0k 0.01% Added +2.6k +2,644
99 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,6681.7k $82.0k $82.0k 0.00% Added +148 +148
100 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 1,6521.7k $81.3k $81.3k 0.01% Added +11 +11