Niemann Capital Management’s Invesco NASDAQ Internet ETF PNQI Stock Holding History

Niemann Capital Management’s Portfolio PNQI Stock Details PNQI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-1,217,610	Closed	-$26.8M	–	20
2017 Q3	$26.8M	Buy	+1,217,610	New	+$26.5M	16.2%	1
2016 Q4	–	Sell	-149,510	Closed	-$2.62M	–	29
2016 Q3	$2.62M	Buy	+149,510	New	+$2.49M	1.72%	17
2016 Q1	–	Sell	-483,995	Closed	-$7.77M	–	18
2015 Q4	$7.77M	Buy	+483,995	New	+$7.62M	9.82%	5
2014 Q2	–	Sell	-269,860	Closed	-$3.56M	–	31
2014 Q1	$3.56M	Buy	269,860 +12,265	+5%	+$170K	2.42%	17
2013 Q4	$3.53M	Sell	257,595 -20,415	-7%	-$260K	2.43%	14
2013 Q3	$3.42M	Buy	+278,010	New	+$3.1M	2.46%	15

Other funds holding PNQI

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

HighTower Advisors Chicago, Illinois $94.2B AUM 21.24% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

SG Americas Securities New York $92.9B AUM 36.98% 1-Year Est. Return

BCM

Barometer Capital Management Toronto, Ontario, Canada $292M AUM 86.78% 1-Year Est. Return

Niemann Capital Management's PNQI Position: Q4 2017 in Review

Niemann Capital Management sold out of Invesco NASDAQ Internet ETF (PNQI) in Q4 2017, closing a stake of 1,217,610 shares — an estimated $26.8M sold.

Niemann Capital Management first reported a position in PNQI in Q3 2013 and held it in 6 quarters. The position peaked at $26.8M in Q3 2017. 74 funds tracked by Wall St. Rank hold PNQI as of Q4 2017.

Niemann Capital Management reported no remaining Invesco NASDAQ Internet ETF position as of Q4 2017 after selling out during the quarter.
Niemann Capital Management sold 1,217,610 Invesco NASDAQ Internet ETF shares in Q4 2017, an estimated $26.8M.
Niemann Capital Management first reported a position in Invesco NASDAQ Internet ETF in Q3 2013 and held it in 6 quarters.
Niemann Capital Management's Invesco NASDAQ Internet ETF position peaked at $26.8M in Q3 2017.
74 funds tracked by Wall St. Rank held Invesco NASDAQ Internet ETF as of Q4 2017.

Based on Niemann Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.