Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (KBWB)

338 + Investors. Track Smart Money conviction in KBWB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +39
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — KBWB

Based on 343 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added KBWB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
343 hedge funds hold KBWB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +48% more funds vs a year ago

fund count last 6Q
+112 new funds entered over the past year (+48% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 58% buying

187 buying137 selling
Last quarter: 187 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+20 vs last Q)

new funds entering per quarter
Funds opening a new KBWB position: 53 → 88 → 58 → 78. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
📌

Mixed — 39% long-term, 33% new

■ 39% conviction (2yr+) ■ 28% medium ■ 33% new
Of the 343 current holders: 134 (39%) held >2 years, 97 held 1–2 years, and 112 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
💰

Value +60% but shares only +36% — price-driven

Value
+60%
Shares
+36%
Last quarter: the total dollar value of institutional holdings rose +60%, but actual share count only changed +36%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~78 new funds/quarter

37 → 53 → 88 → 58 → 78 new funds/Q
New funds entering each quarter: 53 → 88 → 58 → 78. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 48% veterans vs 37% newcomers

■ 48% veterans ■ 16% 1-2yr ■ 37% new
Entry-cohort mix of 353 holders: 168 (48%) are 2+ year veterans, 56 entered 1–2 years ago, and 129 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 68% AUM from top-100 funds

68% from top-100 AUM funds
33 of 339 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in KBWB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — KBWB

In 2026 Q2, 187 hedge funds were net buyers of KBWB (78 opened a new position, 109 added to an existing one), while 137 reduced or exited (98 trimmed, 39 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 68% of total institutional value in KBWB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +39 funds (more new holders than closures). Total institutional holders: 343.

Hedge Fund Ownership: KBWB

How many hedge funds hold KBWB — quarterly history vs. share price
Quarterly hedge fund ownership of KBWB vs. share price

Market Analysis: KBWB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KBWB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Invesco Exch Traded Fd Tr II (KBWB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much KBWB has moved relative to its sector benchmark (SPY) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 45d ago
KBWB
+2.8%
SPY
-1.1%

KBWB outperformed SPY by +3.9% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
KBWB
+0.0%
SPY
+0.0%

Since the filing became public, KBWB outperformed SPY by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 2 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: KBWB
2026 Q3 Stats Unlock in 5 days 338 + Investors

Track Smart Money conviction in KBWB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 338 304 11.18%
13F Shares 58M 42M 36.31%
Total Value $5.18B $3.23B 60.21%
New Positions 77 58 +19
Increased Positions 105 99 +6
Closed Positions 39 62 -23
Reduced Positions 97 98 -1
Total Calls 6 6 -
Total Puts 8 8 -
PUT/CALL Ratio 1.33 1.33 Bearish

Statistics: KBWB

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Income Statement & Cash Flow
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Institutional Holders (2026 Q3)

338 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in KBWB. Verified SEC 13F-HR filings.

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 KBWB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tiff Advisory Services, LLC 10.07% 516,150 $45.0M
2 Wharton Business Group, LLC 5.24% 1,725,072 $150.5M
3 Rfg Holdings, INC. 3.32% 193,222 $16.0M
4 First International Bank of Israel Ltd. 2.55% 72,409 $6.3M
5 Vermillion & White Wealth Management Group, LLC 2.35% 52,922 $4.6M
6 Silphium Asset Management Ltd 1.74% 61,006 $5.3M
7 Migdal Insurance & Financial Holdings Ltd. 1.66% 3,094,750 $270.0M
8 WP Advisors, LLC 1.61% 80,651 $7.0M
9 Ledyard National Bank 1.57% 228,501 $19.9M
10 Pinnacle Wealth Management Group, Inc. 1.57% 39,226 $3.4M
11 Astoria Portfolio Advisors LLC. 1.46% 117,922 $10.3M
12 Hobbs Group Advisors, LLC 1.43% 65,563 $5.7M
13 Oregon Pacific Wealth Management, LLC 1.30% 16,063 $1.4M
14 Annex Advisory Services, LLC 1.16% 811,651 $70.8M
15 Puff Wealth Management, LLC 1.14% 13,796 $1.2M
16 Crown Wealth Group, LLC 0.82% 37,909 $3.3M
17 CVS HEALTH Corp 0.81% 40,000 $3.5M
18 City Center Advisors, LLC 0.78% 11,732 $1.0M
19 Quattro Financial Advisors LLC 0.76% 41,877 $3.7M
20 Edmond de Rothschild Holding S.A. 0.74% 697,517 $60.8M
21 Juncture Wealth Strategies, LLC 0.72% 32,149 $2.8M
22 IFS Advisors, LLC 0.70% 26,481 $2.3M
23 Valley Wealth Managers, INC. 0.67% 134,591 $11.7M
24 Foundations Investment Advisors, LLC 0.57% 661,012 $57.7M
25 Meitav Investment House Ltd 0.54% 967,645 $84.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

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Frequently Asked Questions — Invesco Exch Traded Fd Tr II (KBWB)

What does the Smart Money Trend signal show for KBWB?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added KBWB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for KBWB?

Slight buying edge — 58% buying: Last quarter: 187 funds bought or added vs 137 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for KBWB holders?

Elite ownership — 68% AUM from top-100 funds: 33 of 339 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in KBWB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held KBWB?

Mixed — 39% long-term, 33% new: Of the 343 current holders: 134 (39%) held >2 years, 97 held 1–2 years, and 112 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Invesco Exch Traded Fd Tr II (KBWB) following the 2026 Q3 hedge fund 13F filings?

As of today, KBWB has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), KBWB has gained +2.8% vs -1.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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