Invesco Exch Traded Fd Tr II (KBWD): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Invesco Exch Traded Fd Tr II (KBWD) following the 2026 Q1 hedge fund 13F filings?

As of today, KBWD has moved -1.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -2.1%. Since the quarter end (March 31, 2026), KBWD gained -2.3% vs +13.9% 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.

Invesco Exch Traded Fd Tr II (KBWD)

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

Smart Money Signals — KBWD

Based on 64 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added KBWD 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.

📊

High ownership — 83% of 3.0Y peak

83% of all-time peak

64 funds currently hold this stock — 83% of the 3.0-year high of 77 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 9% fewer funds vs a year ago

fund count last 6Q

6 fewer hedge funds hold KBWD compared to a year ago (-9% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟡

Slight buying edge — 55% buying

35 buying29 selling

Last quarter: 35 funds bought or added vs 29 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 (+7 vs last Q)

new funds entering per quarter

Funds opening a new KBWD position: 13 → 9 → 4 → 11. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 25% medium ■ 12% new

40 out of 64 hedge funds have held KBWD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📊

Peak discovery — momentum slowing

8 → 13 → 9 → 4 → 11 new funds/Q

New funds entering each quarter: 13 → 9 → 4 → 11. KBWD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 73% veterans vs 14% newcomers

■ 73% veterans ■ 14% 1-2yr ■ 14% new

Entry-cohort mix of 66 holders: 48 (73%) are 2+ year veterans, 9 entered 1–2 years ago, and 9 (14%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 59% AUM from top-100 funds

59% from top-100 AUM funds

14 of 64 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in KBWD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

2.5

out of 10

Low Exit Risk

Exit risk score 2.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	64	63	1.59%
13F Shares	7M	6M	18.43%
Total Value	$88M	$82M	6.67%
New Positions	11	4	+7
Increased Positions	24	28	-4
Closed Positions	10	14	-4
Reduced Positions	19	19	-
Total Calls	1	1	-
Total Puts	1	0	100%
PUT/CALL Ratio	1.0	0.0	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

1.59%

13F Shares

18.43%

Total Value

$88M

$82M

6.67%

New Positions

Increased Positions

-4

Closed Positions

-4

Reduced Positions

Total Calls

Total Puts

100%

PUT/CALL Ratio

1.0

0.0

Neutral

Institutional Holders (2026 Q1)

64 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 KBWD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Mission Hills Financial Advisory, LLC	5.49%	854,897	$10.7M
2	Thrive Capital Management, LLC	0.33%	121,782	$1.5M
3	Endowment Wealth Management, Inc.	0.32%	57,983	$727K
4	Winnow Wealth LLC	0.31%	32,490	$407K
5	Oakmont Advisory Group, LLC	0.20%	13,990	$191K
6	Harvest Investment Services, LLC	0.16%	68,480	$859K
7	Gradient Investments LLC	0.12%	624,614	$7.8M
8	Kingswood Wealth Advisors, LLC	0.06%	105,751	$1.3M
9	Mpwm Advisory Solutions, LLC	0.04%	5,600	$70K
10	Kovack Advisors, Inc.	0.03%	49,574	$620K
11	Waterloo Capital, L.P.	0.02%	27,719	$348K
12	WFA of San Diego, LLC	0.02%	2,200	$28K
13	Regal Investment Advisors LLC	0.02%	28,042	$352K
14	B. Riley Wealth Advisors, Inc.	0.02%	24,649	$302K
15	Two Sigma Securities, LLC	0.02%	12,596	$158K
16	Founders Financial Alliance, LLC	0.01%	5,973	$75K
17	IMG Wealth Management, Inc.	0.01%	1,663	$21K
18	Independent Financial Group, LLC	0.01%	29,742	$373K
19	IFP Advisors, Inc	0.01%	41,151	$516K
20	Tower Research Capital LLC (TRC)	0.01%	29,695	$372K
21	Koshinski Asset Management, Inc.	0.01%	11,822	$148K
22	CreativeOne Wealth, LLC	0.01%	30,691	$385K
23	Equitable Holdings, Inc.	0.01%	93,483	$1.3M
24	Triumph Capital Management	0.01%	2,652	$33K
25	Rossby Financial, LCC	0.00%	1,631	$20K

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 (KBWD)

What does the Smart Money Trend signal show for KBWD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added KBWD 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 KBWD?

Slight buying edge — 55% buying: Last quarter: 35 funds bought or added vs 29 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 KBWD holders?

Elite ownership — 59% AUM from top-100 funds: 14 of 64 holders are among the 100 largest funds by AUM, controlling 59% of total institutional value in KBWD. 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 KBWD?

62% of holders stayed for 2+ years: 40 out of 64 hedge funds have held KBWD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Invesco Exch Traded Fd Tr II (KBWD) following the 2026 Q1 hedge fund 13F filings?

As of today, KBWD has moved -1.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of -2.1%. Since the quarter end (March 31, 2026), KBWD has gained -2.3% vs +13.9% 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.

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Invesco Exch Traded Fd Tr II (KBWD)

Smart Money Signals — KBWD

Buying streak — 1 quarter in a row

High ownership — 83% of 3.0Y peak

Outflows — 9% fewer funds vs a year ago

Slight buying edge — 55% buying

More new buyers each quarter (+7 vs last Q)

62% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 73% veterans vs 14% newcomers

Elite ownership — 59% AUM from top-100 funds

Institutional Sentiment Summary — KBWD

Hedge Fund Ownership: KBWD

Market Analysis: KBWD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: KBWD

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

Hedge Fund Positioning: KBWD

Statistics: KBWD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

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

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