Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (KBWD)

60 + Investors. Track Smart Money conviction in KBWD. 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
51%

Smart Money Signals — KBWD

Based on 62 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

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

High ownership — 79% of 3.0Y peak

79% of all-time peak
62 funds currently hold this stock — 79% of the 3.0-year high of 78 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 21% fewer funds vs a year ago

fund count last 6Q
16 fewer hedge funds hold KBWD compared to a year ago (-21% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 51% buying

36 buying34 selling
Last quarter: 36 funds bought or added vs 34 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.
➡️

Steady new buyers — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 4 → 11 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 21% medium ■ 16% new
39 out of 62 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.
📈

Growing discovery — still being found

14 → 9 → 4 → 11 → 11 new funds/Q
New funds entering each quarter: 9 → 4 → 11 → 11. A growing number of institutions are discovering KBWD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 16% newcomers

■ 71% veterans ■ 13% 1-2yr ■ 16% new
Entry-cohort mix of 62 holders: 44 (71%) are 2+ year veterans, 8 entered 1–2 years ago, and 10 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
14 of 60 holders are among the 100 largest funds by AUM, controlling 62% 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.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — 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.

Institutional Sentiment Summary — KBWD

In 2026 Q2, 36 hedge funds were net buyers of KBWD (11 opened a new position, 25 added to an existing one), while 34 reduced or exited (21 trimmed, 13 sold completely) — a 51% buyer ratio, indicating a slight buying edge. 62% of total institutional value in KBWD 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: 62.

Hedge Fund Ownership: KBWD

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

Market Analysis: KBWD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KBWD

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: KBWD
60 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 60 64 -6.25%
13F Shares 8M 7M 6.85%
Total Value $93M $88M 6.0%
New Positions 11 11 -
Increased Positions 24 24 -
Closed Positions 13 11 +2
Reduced Positions 21 19 +2
Total Calls 2 1 100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: KBWD

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Institutional Holders (2026 Q2)

60 + 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:
Top 25 KBWD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mission Hills Financial Advisory, LLC 4.49% 823,136 $10.2M
2 Winnacle Wealth LLC 0.43% 51,309 $637K
3 Thrive Capital Management, LLC 0.30% 128,509 $1.6M
4 Endowment Wealth Management, Inc. 0.25% 52,469 $652K
5 Oakmont Advisory Group, LLC 0.14% 13,487 $168K
6 Harvest Investment Services, LLC 0.13% 69,181 $859K
7 Gradient Investments LLC 0.11% 642,248 $8.0M
8 Kingswood Wealth Advisors, LLC 0.04% 80,474 $999K
9 Kovack Advisors, Inc. 0.03% 48,112 $600K
10 Regal Investment Advisors LLC 0.02% 31,912 $396K
11 B. Riley Wealth Advisors, Inc. 0.02% 26,918 $333K
12 Simplicity Wealth,LLC 0.01% 27,762 $345K
13 Founders Financial Alliance, LLC 0.01% 5,973 $74K
14 CreativeOne Wealth, LLC 0.01% 35,642 $443K
15 IFP Advisors, Inc 0.01% 41,700 $518K
16 IMG Wealth Management, Inc. 0.01% 1,249 $16K
17 Koshinski Asset Management, Inc. 0.01% 11,659 $145K
18 Independent Financial Group, LLC 0.01% 30,642 $381K
19 Equitable Holdings, Inc. 0.01% 68,850 $855K
20 Tower Research Capital LLC (TRC) 0.00% 13,894 $173K
21 Jefferies Financial Group Inc. 0.00% 45,344 $563K
22 Wells Fargo & Company/Mn 0.00% 1,498,521 $18.6M
23 LPL Financial LLC 0.00% 908,907 $11.3M
24 Ashton Thomas Private Wealth, LLC 0.00% 9,339 $116K
25 Brookstone Capital Management 0.00% 17,410 $216K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their KBWD 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 KBWD?

Slight buying edge — 51% buying: Last quarter: 36 funds bought or added vs 34 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 — 62% AUM from top-100 funds: 14 of 60 holders are among the 100 largest funds by AUM, controlling 62% 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?

63% of holders stayed for 2+ years: 39 out of 62 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.

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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