Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (KBWP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
43%

Smart Money Signals — KBWP

Based on 59 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 81% of 3.0Y peak

81% of all-time peak
59 funds currently hold this stock — 81% of the 3.0-year high of 73 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
3 fewer hedge funds hold KBWP compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 43% buying

25 buying33 selling
Last quarter: 33 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 16 → 13 → 5 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 22% medium ■ 19% new
35 out of 59 hedge funds have held KBWP 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.
⚠️

Saturation — most institutions already know this story

9 → 16 → 13 → 5 → 10 new funds/Q
New funds entering each quarter: 16 → 13 → 5 → 10. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Veteran-anchored — 67% veterans vs 17% newcomers

■ 67% veterans ■ 17% 1-2yr ■ 17% new
Entry-cohort mix of 60 holders: 40 (67%) are 2+ year veterans, 10 entered 1–2 years ago, and 10 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
16 of 59 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — 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 — KBWP

In 2026 Q1, 25 hedge funds were net buyers of KBWP (10 opened a new position, 15 added to an existing one), while 33 reduced or exited (23 trimmed, 10 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. 37% of total institutional value in KBWP is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 59.

Hedge Fund Ownership: KBWP

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

Market Analysis: KBWP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KBWP

-- --

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

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

Signal Freshness measures how much KBWP 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 · 78d ago
KBWP
+2.1%
SPY
+15.9%

KBWP outperformed SPY by -13.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
KBWP
+2.3%
SPY
+2.0%

Since the filing became public, KBWP outperformed SPY by +0.3% .

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.

2 top-rated funds 2 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: KBWP
59 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 59 59 -
13F Shares 969K 1M -14.6%
Total Value $115M $137M -16.46%
New Positions 10 5 +5
Increased Positions 15 26 -11
Closed Positions 10 14 -4
Reduced Positions 23 17 +6
Total Calls 1 0 100%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KBWP

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

59 + investors

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

QUARTER:
Top 25 KBWP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Redstone Wealth Management, LLC 8.63% 91,046 $10.8M
2 RM Financial Services, LLC 3.27% 31,819 $3.8M
3 Bright Futures Wealth Management, LLC. 1.56% 19,113 $2.3M
4 Stegent Equity Advisors, Inc. 0.46% 4,542 $540K
5 Buska Wealth Management, LLC 0.46% 9,540 $1.1M
6 Mutual Advisors, LLC 0.24% 92,291 $11.0M
7 Elevate Capital Advisors, LLC 0.23% 3,026 $360K
8 Kingsview Wealth Management, LLC 0.21% 131,958 $15.7M
9 RDA Financial Network 0.15% 5,050 $601K
10 Focus Financial Network, Inc. 0.10% 24,036 $2.9M
11 Hudock, Inc. 0.04% 2,337 $278K
12 Virtue Capital Management, LLC 0.03% 1,767 $210K
13 WFA of San Diego, LLC 0.02% 204 $24K
14 J.W. Cole Advisors, INC. 0.02% 4,358 $519K
15 Rossby Financial, LCC 0.01% 607 $72K
16 Cetera Investment Advisers 0.01% 62,098 $7.4M
17 Kestra Advisory Services, LLC 0.01% 16,600 $2.0M
18 Sound Income Strategies, LLC 0.01% 1,309 $155K
19 IHT Wealth Management, LLC 0.01% 2,373 $282K
20 LPL Financial LLC 0.01% 198,474 $23.6M
21 Marshall Investment Management, LLC 0.00% 85 $10K
22 Two Sigma Investments, LP 0.00% 43,900 $5.2M
23 Great Valley Advisor Group, INC. 0.00% 1,930 $230K
24 Orion Porfolio Solutions, LLC 0.00% 3,896 $464K
25 AdvisorNet Financial, Inc 0.00% 625 $74K
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 (KBWP)

What does the Smart Money Trend signal show for KBWP?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for KBWP?

More sellers than buyers — 43% buying: Last quarter: 33 funds reduced or exited vs 25 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for KBWP holders?

Strong quality — 37% AUM from major funds: 16 of 59 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held KBWP?

59% of holders stayed for 2+ years: 35 out of 59 hedge funds have held KBWP 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 (KBWP) following the 2026 Q1 hedge fund 13F filings?

As of today, KBWP has moved +2.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +0.3%. Since the quarter end (March 31, 2026), KBWP has gained +2.1% vs +15.9% 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.

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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