Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCH TRADED FD TR II (KBWP)

57 + 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
↓ -8
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — KBWP

Based on 57 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their KBWP 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 — 80% of 3.0Y peak

80% of all-time peak
57 funds currently hold this stock — 80% of the 3.0-year high of 71 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 20% fewer funds vs a year ago

fund count last 6Q
14 fewer hedge funds hold KBWP compared to a year ago (-20% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 53% buying

31 buying28 selling
Last quarter: 31 funds bought or added vs 28 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 16 → 12 → 5. 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.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 26% medium ■ 14% new
34 out of 57 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.
📊

Peak discovery — momentum slowing

21 → 9 → 16 → 12 → 5 new funds/Q
New funds entering each quarter: 9 → 16 → 12 → 5. KBWP is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 7% 1-2yr ■ 23% new
Of 57 current holders: 40 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
10 of 57 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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.

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

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 2 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: KBWP
2026 Q1 Stats Unlock in 18 days 57 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 57 65 -12.31%
13F Shares 1M 1M -9.81%
Total Value $137M $146M -6.44%
New Positions 5 12 -7
Increased Positions 26 17 +9
Closed Positions 13 15 -2
Reduced Positions 15 22 -7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KBWP

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

57 + investors

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

Top 17 institutional holders of KBWP — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 REDSTONE WEALTH MANAGEMENT, LLC 8.63% 91,046 $10.8M
2 Bright Futures Wealth Management, LLC. 1.56% 19,113 $2.3M
3 Stegent Equity Advisors, Inc. 0.46% 4,542 $540K
4 Buska Wealth Management, LLC 0.46% 9,540 $1.1M
5 Elevate Capital Advisors, LLC 0.23% 3,026 $360K
6 RDA Financial Network 0.15% 5,050 $601K
7 Focus Financial Network, Inc. 0.10% 24,036 $2.9M
8 J.W. COLE ADVISORS, INC. 0.02% 4,358 $519K
9 Kestra Advisory Services, LLC 0.01% 16,600 $2.0M
10 Sound Income Strategies, LLC 0.01% 1,309 $155K
11 AdvisorNet Financial, Inc 0.00% 625 $74K
12 Murphy & Mullick Capital Management Corp 0.00% 40 $5K
13 Cambridge Investment Research Advisors, Inc. 0.00% 6,203 —
14 CVA Family Office, LLC 0.00% 52 $6K
15 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 2,442 $291K
16 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% 20 $2K
17 FIFTH THIRD BANCORP 0.00% 167 $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 (KBWP)

What does the Smart Money Trend signal show for KBWP?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their KBWP 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 KBWP?

Slight buying edge — 53% buying: Last quarter: 31 funds bought or added vs 28 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 KBWP holders?

Strong quality — 38% AUM from major funds: 10 of 57 holders rank in the top 100 by AUM, accounting for 38% 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?

60% of holders stayed for 2+ years: 34 out of 57 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.

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.