Invesco Senior Loan ETF
BKLN
266 hedge funds and large institutions have $3.25B invested in Invesco Senior Loan ETF in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 107 increasing their positions, 104 reducing their positions, and 31 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 104
1.66% less ownership
Funds ownership: 51.89% → 50.23% (-1.7%)
5% less funds holding
Funds holding: 281 → 266 (-15)
14% less capital invested
Capital invested by funds: $3.79B → $3.25B (-$541M)
30% less funds holding in top 10
Funds holding in top 10: 33 → 23 (-10)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $58.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$154M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$48.5M |
| 3 |
Morgan Stanley
New York
|
+$37.6M |
| 4 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$29.1M |
| 5 |
QI
QS Investors
New York
|
+$9.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$120M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$46.2M |
| 3 |
LPL Financial
San Diego,
California
|
-$39.1M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$36.7M |
| 5 |
MG
Mather Group
Chicago,
Illinois
|
-$32M |
BKLN Hedge Fund Activity: Q3 2014 in Review
266 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Senior Loan ETF (BKLN) for Q3 2014, worth a combined $3.25B — down 14% from $3.79B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BKLN and 19 opened new positions — a net loss of 12 holders — while 104 trimmed existing stakes and 107 added.
The largest buyer was Franklin Resources, adding an estimated $154M. The largest seller was JP Morgan Chase, cutting an estimated $120M.
- 266 institutional investors held Invesco Senior Loan ETF (BKLN) as of Q3 2014, down from 281 in Q2 2014.
- Funds reported $3.25B of Invesco Senior Loan ETF stock for Q3 2014, down 14% quarter-over-quarter.
- 19 funds opened new Invesco Senior Loan ETF positions in Q3 2014 and 31 closed out, a net change of -12 holders.
- The largest Invesco Senior Loan ETF buyer in Q3 2014 was Franklin Resources, an estimated $154M added.
- The largest Invesco Senior Loan ETF seller in Q3 2014 was JP Morgan Chase, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2014.