Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (KBWB)

300 + 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
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — KBWB

Based on 304 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their KBWB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
304 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 — +31% more funds vs a year ago

fund count last 6Q
+72 new funds entered over the past year (+31% 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 — 50% buying

159 buying161 selling
Last quarter: 159 funds bought or added vs 161 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.
⚠️

Fewer new buyers each quarter (-30 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 36 → 52 → 88 → 58. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 39% long-term, 31% new

■ 39% conviction (2yr+) ■ 30% medium ■ 31% new
Of the 304 current holders: 118 (39%) held >2 years, 92 held 1–2 years, and 94 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.
🚀

Acceleration phase — new buyers rushing in

60 → 36 → 52 → 88 → 58 new funds/Q
New funds entering each quarter: 36 → 52 → 88 → 58. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 49% veterans vs 37% newcomers

■ 49% veterans ■ 13% 1-2yr ■ 37% new
Entry-cohort mix of 315 holders: 155 (49%) are 2+ year veterans, 42 entered 1–2 years ago, and 118 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
31 of 301 holders are among the 100 largest funds by AUM, controlling 61% 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 Q1, 159 hedge funds were net buyers of KBWB (58 opened a new position, 101 added to an existing one), while 161 reduced or exited (101 trimmed, 60 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 61% of total institutional value in KBWB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 304.

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 Q1 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 March 31, 2026 · 83d ago
KBWB
+18.2%
SPY
+14.8%

KBWB outperformed SPY by +3.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
KBWB
+11.7%
SPY
+1.0%

Since the filing became public, KBWB outperformed SPY by +10.7% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

19 top-rated funds 1 high-conviction
Consensus
5.6
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: KBWB
300 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 300 306 -1.96%
13F Shares 42M 56M -24.6%
Total Value $3.23B $4.35B -25.76%
New Positions 56 88 -32
Increased Positions 99 94 +5
Closed Positions 62 34 +28
Reduced Positions 97 76 +21
Total Calls 6 4 50.0%
Total Puts 8 4 100.0%
PUT/CALL Ratio 1.33 1.0 Bearish

Statistics: KBWB

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Institutional Holders (2026 Q1)

300 + 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:
Top 25 KBWB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tiff Advisory Services, LLC 9.32% 522,543 $41.3M
2 Wharton Business Group, LLC 5.46% 1,827,711 $144.6M
3 Rfg Holdings, INC. 3.49% 175,101 $13.9M
4 Cornerstone Advisors, LLC 1.94% 665,269 $52.6M
5 Quattro Financial Advisors LLC 1.86% 78,008 $6.2M
6 WP Advisors, LLC 1.84% 89,866 $7.1M
7 Delos Wealth Advisors, LLC 1.77% 39,144 $3.1M
8 Silphium Asset Management Ltd 1.72% 57,406 $4.5M
9 Ledyard National Bank 1.66% 241,726 $19.1M
10 Pinnacle Wealth Management Group, Inc. 1.50% 38,665 $3.1M
11 Migdal Insurance & Financial Holdings Ltd. 1.48% 2,163,750 $171.2M
12 Astoria Portfolio Advisors LLC. 1.43% 77,043 $6.7M
13 First International Bank of Israel Ltd. 1.21% 52,000 $4.1M
14 Oregon Pacific Wealth Management, LLC 1.01% 12,254 $970K
15 Hobbs Group Advisors, LLC 1.01% 42,546 $3.4M
16 Juncture Wealth Strategies, LLC 0.85% 32,107 $2.5M
17 Anfield Capital Management, LLC 0.78% 35,780 $2.8M
18 Guardian Partners Inc. 0.77% 117,400 $9.3M
19 Edmond de Rothschild Holding S.A. 0.72% 627,935 $49.7M
20 City Center Advisors, LLC 0.61% 8,378 $663K
21 Summit Trail Advisors, LLC 0.60% 530,879 $42.0M
22 Valley Wealth Managers, INC. 0.60% 118,073 $9.3M
23 Boothbay Fund Management, LLC 0.58% 568,000 $44.9M
24 Annex Advisory Services, LLC 0.58% 389,057 $30.8M
25 Quadcap Wealth Management, LLC 0.46% 51,094 $4.0M
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

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

What does the Smart Money Trend signal show for KBWB?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their KBWB positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for KBWB?

Slight buying edge — 50% buying: Last quarter: 159 funds bought or added vs 161 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 — 61% AUM from top-100 funds: 31 of 301 holders are among the 100 largest funds by AUM, controlling 61% 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, 31% new: Of the 304 current holders: 118 (39%) held >2 years, 92 held 1–2 years, and 94 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 Q1 hedge fund 13F filings?

As of today, KBWB has moved +11.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.0% for the SPY sector ETF — an outperformance of +10.7%. Since the quarter end (March 31, 2026), KBWB has gained +18.2% vs +14.8% for SPY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to 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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