Vault-13

INVESCO EXCH TRADED FD TR II KBWB

KBW BK ETF · ETP · CUSIP 46138E628

150 institutional holders -9 vs Q4 2023
20,336,43220.3m shares reported held*
$1.1bnreported value*
17 new 32 added 67 reduced 25 sold out net sold ≈ $101.6m (-1.9m 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 ≈ $53.66. Options: 5 managers hold calls ($18.9m notional), 2 hold puts ($2.0m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 139Q4 22: 160Q1 23: 157Q2 23: 148Q3 23: 142Q4 23: 159Q1 24: 150150Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022139
Q4 2022160
Q1 2023157
Q2 2023148
Q3 2023142
Q4 2023159
Q1 2024150

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 23Q1 24: 49 bought or addedQ1 24: 92 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227166
Q1 20238183
Q2 20236583
Q3 20235777
Q4 20236681
Q1 20244992

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ2 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 0.12Q1 24 calls: $18.9mQ1 24 puts: $2.0mQ1 24P/C 0.11
Numbers
QuarterCallsPutsP/C
Q2 2023$8.1m$4.1m0.51
Q3 2023$4.1m$8.4m2.05
Q4 2023$81.6m$9.8m0.12
Q1 2024$18.9m$2.0m0.11

Biggest buyers

MORGAN STANLEY Added +1,538,360+1.5m
BNP PARIBAS FINANCIAL MARKETS Added +883,970+884.0k
Fisher Asset Management, LLC Added +354,436+354.4k
Clal Insurance Enterprises Holdings Ltd New +260,000+260.0k
CW Advisors, LLC New +214,351+214.4k
ROYAL BANK OF CANADA Added +131,886+131.9k
LPL Financial LLC Added +110,216+110.2k
Cetera Investment Advisers Added +91,687+91.7k
D. E. Shaw & Co., Inc. Added +80,801+80.8k
RFG Holdings, Inc. Added +70,247+70.2k

Biggest sellers

CITIGROUP INC Reduced -2,306,108-2.3m
BARCLAYS PLC Reduced -972,267-972.3k
Rockefeller Capital Management L.P. Reduced -752,588-752.6k
BANK OF AMERICA CORP /DE/ Reduced -609,410-609.4k
JPMORGAN CHASE & CO Reduced -203,584-203.6k
WELLS FARGO & COMPANY/MN Reduced -181,356-181.4k
Point Break Capital Management, LLC Reduced -105,200-105.2k
Cetera Advisors LLC Sold out -78,235-78.2k
Wharton Business Group, LLC Reduced -57,457-57.5k
HRT FINANCIAL LP Reduced -55,757-55.8k

Biggest calls

Balyasny Asset Management L.P. New $9.5m176.5k shares
GOLDMAN SACHS GROUP INC New $5.4m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.2m40.5k shares
CITADEL ADVISORS LLC Reduced $1.9m35.4k shares
Cutler Group LLC / CA Reduced $8.0k600 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.0m19.2k shares
CITADEL ADVISORS LLC Reduced $971.2k18.1k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 6,852,3936.9m $367.7m $367.7m 0.04% Reduced -609.4k -609,410
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,331,0722.3m $125.1m $125.1m 0.00% Added +1.5m +1,538,360
3 Fisher Asset Management, LLC 0.05% of their portfolio PLANO, TX 1,947,6111.9m $104.5m $104.5m 0.05% Added +354.4k +354,436
4 Wharton Business Group, LLC 4.11% of their portfolio MALVERN, PA 1,590,7651.6m $85.4m $85.4m 4.11% Reduced -57.5k -57,457
5 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 1,461,1061.5m $78.4m $78.4m 0.10% Added +884.0k +883,970
6 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 640,073640.1k $34.3m $34.3m 0.01% Added +131.9k +131,886
7 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 628,016628.0k $33.7m $33.7m 0.01% Added +10.8k +10,780
8 WP Advisors, LLC 8.45% of their portfolio San Francisco, CA 479,759479.8k $25.7m $25.7m 8.45% Added +2.6k +2,560
9 SOL Capital Management CO 2.38% of their portfolio ROCKVILLE, MD 352,288352.3k $18.9m $18.9m 2.38% Reduced -28.5k -28,532
10 Ledyard National Bank 1.76% of their portfolio HANOVER, NH 339,540339.5k $18.2m $18.2m 1.76% Reduced -4.3k -4,299
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 312,704312.7k $16.8m $16.8m 0.00% Reduced -181.4k -181,356
12 Clal Insurance Enterprises Holdings Ltd 0.16% of their portfolio Tel-aviv, L3 260,000260.0k $14.0m $14.0m 0.16% New
13 Nan Shan Life Insurance Co., Ltd. 0.30% of their portfolio Taipei City, F5 240,695240.7k $12.9m $12.9m 0.30% Unchanged
14 CW Advisors, LLC 0.20% of their portfolio BOSTON, MA 214,351214.4k $11.5m $11.5m 0.20% New
15 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 193,338193.3k $10.4m $10.4m 0.00% Reduced -203.6k -203,584
16 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 192,564192.6k $10.3m $10.3m 0.01% Added +110.2k +110,216
17 RFG Holdings, Inc. 4.02% of their portfolio Argyle, TX 177,868177.9k $9.5m $9.5m 4.02% Added +70.2k +70,247
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 176,985177.0k $9.5m $9.5m 0.00% Reduced -20.6k -20,619
19 LOWE BROCKENBROUGH & CO INC 0.50% of their portfolio RICHMOND, VA 137,861137.9k $7.4m $7.4m 0.50% Added +35.4k +35,428
20 NORTH POINT PORTFOLIO MANAGERS CORP/OH 1.09% of their portfolio ORANGE VILLAGE, OH 119,541119.5k $6.4m $6.4m 1.09% Added +25.5k +25,518
21 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 109,354109.4k $5.9m $5.9m 0.01% Reduced -2.5k -2,481
22 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 103,498103.5k $5.6m $5.6m 0.01% Added +80.8k +80,801
23 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 98,13298.1k $5.3m $5.3m 0.01% Reduced -11.7k -11,671
24 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 96,91996.9k $5.2m $5.2m 0.01% Added +91.7k +91,687
25 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 87,62387.6k $4.7m $4.7m 0.01% Reduced -2.3m -2,306,108
26 STEPHENS INC /AR/ 0.07% of their portfolio LITTLE ROCK, AR 82,60382.6k $4.4m $4.4m 0.07% Added +1.7k +1,721
27 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 74,32674.3k $4.0m $4.0m 0.00% Reduced -36.7k -36,708
28 Lighthouse Investment Partners, LLC 0.22% of their portfolio Palm Beach Gardens, FL 70,94870.9k $3.8m $3.8m 0.22% Reduced -36.7k -36,718
29 PGIM Custom Harvest LLC 0.09% of their portfolio NEWARK, NJ 65,94665.9k $3.5m $3.5m 0.09% Reduced -28.0k -28,029
30 SYNOVUS FINANCIAL CORP 0.04% of their portfolio Columbus, GA 60,56560.6k $3.3m $3.3m 0.04% Added +919 +919
31 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 54,67554.7k $2.9m $2.9m 0.02% Reduced -2.4k -2,395
32 ProVise Management Group, LLC 0.24% of their portfolio CLEARWATER, FL 50,83250.8k $2.7m $2.7m 0.24% Reduced -2.0k -2,018
33 MEITAV INVESTMENT HOUSE LTD 0.04% of their portfolio BENE-BERAQ, L3 37,19337.2k $2.0m $2.0m 0.04% Unchanged
34 Fiduciary Trust Co 0.02% of their portfolio Boston, MA 25,25825.3k $1.4m $1.4m 0.02% Reduced -272 -272
35 Addison Advisors LLC 0.46% of their portfolio MIDDLEBURY, VT 25,16225.2k $1.4m $1.4m 0.46% Added +1.4k +1,409
36 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 23,62923.6k $1.3m $1.3m 0.01% Reduced -55.8k -55,757
37 Delos Wealth Advisors, LLC 1.42% of their portfolio DALLAS, TX 23,53123.5k $1.3m $1.3m 1.42% New
38 Transamerica Financial Advisors, LLC 0.12% of their portfolio CEDAR RAPIDS, IA 21,05321.1k $1.1m $1.1m 0.12% New
39 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 20,48520.5k $1.1m $1.1m 0.02% New
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 19,05819.1k $1.0m $1.0m 0.00% Reduced -13.4k -13,365
41 Point Break Capital Management, LLC 1.22% of their portfolio MIAMI, FL 18,80018.8k $1.0m $1.0m 1.22% Reduced -105.2k -105,200
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 18,70018.7k $1.0m $1.0m 0.00% Reduced -797 -797
43 ROCKLAND TRUST CO 0.05% of their portfolio HANOVER, MA 18,49018.5k $992.2k $992.2k 0.05% Reduced -481 -481
44 Laidlaw Wealth Management LLC 0.53% of their portfolio NEW YORK CITY, NY 17,64217.6k $946.7k $946.7k 0.53% Unchanged
45 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 17,39517.4k $933.4k $933.4k 0.00% Reduced -752.6k -752,588
46 Koshinski Asset Management, Inc. 0.09% of their portfolio DECATUR, IL 17,25517.3k $925.9k $925.9k 0.09% Reduced -617 -617
47 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 15,67415.7k $841.1k $841.1k 0.00% Unchanged
48 Y-Intercept (Hong Kong) Ltd 0.06% of their portfolio HONG KONG, K3 15,08715.1k $809.6k $809.6k 0.06% New
49 PARSONS CAPITAL MANAGEMENT INC/RI 0.05% of their portfolio PROVIDENCE, RI 14,61614.6k $784.3k $784.3k 0.05% Reduced -1.1k -1,150
50 VALICENTI ADVISORY SERVICES INC 0.21% of their portfolio ELMIRA, NY 14,15014.2k $759.0k $759.0k 0.21% Reduced -550 -550
51 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 13,77513.8k $739.2k $739.2k 0.00% Added +1.6k +1,583
52 Global Retirement Partners, LLC 0.03% of their portfolio San Rafael, CA 13,39513.4k $718.8k $718.8k 0.03% Added +33 +33
53 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 13,18613.2k $708.0k $708.0k 0.00% Reduced -431 -431
54 SAPIENT CAPITAL LLC 0.02% of their portfolio INDIANAPOLIS, IN 12,77912.8k $685.7k $685.7k 0.02% Unchanged
55 GLOBALT Investments LLC / GA 0.03% of their portfolio Atlanta, GA 12,69012.7k $680.9k $680.9k 0.03% Reduced -378 -378
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,38812.4k $664.7k $664.7k 0.00% Reduced -1.7k -1,749
57 HAZLETT, BURT & WATSON, INC. 0.39% of their portfolio WHEELING, WV 12,10512.1k $646.0k $646.0k 0.39% Added +1.8k +1,760
58 DUMONT & BLAKE INVESTMENT ADVISORS LLC 0.18% of their portfolio PRINCETON, NJ 11,90611.9k $638.9k $638.9k 0.18% Reduced -4 -4
59 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 11,82211.8k $634.3k $634.3k 0.01% Added +6 +6
60 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 11,81411.8k $633.9k $633.9k 0.01% Reduced -27.6k -27,609
61 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 11,64511.6k $624.9k $624.9k 0.01% Added +989 +989
62 Beacon Financial Advisory LLC 0.29% of their portfolio CLEVELAND, OH 11,18211.2k $600.0k $600.0k 0.29% Added +617 +617
63 Family Manage LLC 0.11% of their portfolio NEW YORK, NY 10,81710.8k $580.4k $580.4k 0.11% Unchanged
64 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,80610.8k $579.9k $579.9k 0.00% Reduced -46.0k -46,032
65 One Day In July LLC 0.07% of their portfolio BURLINGTON, VT 9,96610.0k $534.8k $534.8k 0.07% Added +82 +82
66 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 9,1489.1k $491.0k $491.0k 0.00% Reduced -1.0k -1,020
67 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 8,8628.9k $475.5k $475.5k 0.00% Reduced -4.0k -3,950
68 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 8,6178.6k $462.4k $462.4k 0.01% Reduced -708 -708
69 Florida Trust Wealth Management Co 0.02% of their portfolio SANIBEL, FL 8,2208.2k $441.1k $441.1k 0.02% Unchanged
70 Gratus Wealth Advisors, LLC 0.08% of their portfolio VIRGINIA BEACH, VA 8,1928.2k $412.1k $412.1k 0.08% Unchanged
71 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,1418.1k $436.9k $436.9k 0.00% Reduced -20.7k -20,708
72 CWM, LLC 0.00% of their portfolio OMAHA, NE 6,9577.0k $373.0k $373.0k 0.00% Reduced -989 -989
73 BANK HAPOALIM BM 0.05% of their portfolio TEL AVIV, L3 6,8196.8k $366.0k $366.0k 0.05% Reduced -1.0k -1,015
74 CPR Investments Inc. 0.28% of their portfolio Rochester, MI 6,7446.7k $361.9k $361.9k 0.28% New
75 Accredited Investors Inc. 0.02% of their portfolio EDINA, MN 6,7396.7k $361.6k $361.6k 0.02% Reduced -780 -780
76 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 6,3476.3k $340.6k $340.6k 0.02% Added +72 +72
77 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 5,6355.6k $302.4k $302.4k 0.00% Reduced -5.9k -5,872
78 Broadleaf Partners, LLC 0.08% of their portfolio Hudson, OH 5,4915.5k $294.6k $294.6k 0.08% Unchanged
79 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 5,1795.2k $277.9k $277.9k 0.00% Reduced -964 -964
80 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 5,1485.1k $276.3k $276.3k 0.00% Reduced -50 -50
81 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 5,0525.1k $271.1k $271.1k 0.00% Reduced -25.3k -25,284
82 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 5,0005.0k $268.3k $268.3k 0.00% Unchanged
83 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 5,0005.0k $268.3k $268.3k 0.00% Unchanged
84 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 4,8904.9k $262.4k $262.4k 0.00% Reduced -228 -228
85 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 4,8024.8k $256.0k $256.0k 0.00% Reduced -9.2k -9,220
86 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 4,6334.6k $248.6k $248.6k 0.00% Reduced -372 -372
87 Octavia Wealth Advisors, LLC 0.03% of their portfolio CINCINNATI, OH 4,3604.4k $234.0k $234.0k 0.03% Reduced -353 -353
88 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 4,3194.3k $231.8k $231.8k 0.00% Reduced -2.3k -2,275
89 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 4,2564.3k $228.4k $228.4k 0.02% Reduced -845 -845
90 Fifth Third Securities, Inc. 0.02% of their portfolio Cincinnati, OH 4,0234.0k $215.9k $215.9k 0.02% Reduced -288 -288
91 Caprock Group, LLC 0.01% of their portfolio BOISE, ID 3,8693.9k $207.6k $207.6k 0.01% New
92 SATOVSKY ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 3,7843.8k $203.0k $203.0k 0.06% New
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,4803.5k $187.1k $187.1k 0.00% Added +2.1k +2,080
94 FRG Family Wealth Advisors LLC 0.04% of their portfolio BELLEVUE, WA 3,4753.5k $180.3k $180.3k 0.04% Reduced -1.5k -1,495
95 Harvest Fund Management Co., Ltd 0.01% of their portfolio BEIJING, F4 1,7401.7k $93.0k $93.0k 0.01% Reduced -2.5k -2,471
96 Sunbelt Securities, Inc. 0.01% of their portfolio HOUSTON, TX 1,6631.7k $89.3k $89.3k 0.01% Added +11 +11
97 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,5881.6k $85.2k $85.2k 0.00% Reduced -80 -80
98 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,2691.3k $68.1k $68.1k 0.00% Reduced -972.3k -972,267
99 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,2101.2k $64.9k $64.9k 0.00% Unchanged
100 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,1781.2k $63.2k $63.2k 0.00% Reduced -28.9k -28,916