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Invesco Senior Loan ETF

378 hedge funds and large institutions have $4.27B invested in Invesco Senior Loan ETF in 2018 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 90 increasing their positions, 157 reducing their positions, and 93 closing their positions.

New
Increased
Maintained
Reduced
Closed

10.2% more ownership

Funds ownership: 68.89%79.09% (+10%)

4% less funds holding

Funds holding: 395378 (-17)

11% less first-time investments, than exits

New positions opened: 83 | Existing positions closed: 93

23% less capital invested

Capital invested by funds: $5.57B → $4.27B (-$1.3B)

33% less funds holding in top 10

Funds holding in top 10: 3020 (-10)

43% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 157

91% less call options, than puts

Call options by funds: $45M | Put options by funds: $494M

Holders
378
Holders Change
-17
Holders Change %
-4.3%
% of All Funds
8.42%
Holding in Top 10
20
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-33.33%
% of All Funds
0.45%
New
83
Increased
90
Reduced
157
Closed
93
Calls
$45M
Puts
$494M
Net Calls
-$449M
Net Calls Change
-$413M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$293M -$18.8M -826,044 -6%
CSIA
2
Charles Schwab Investment Advisory
California
$227M -$93.2M -4,095,291 -28%
JP Morgan Chase
3
JP Morgan Chase
New York
$216M +$112M +4,934,841 +99%
Morgan Stanley
4
Morgan Stanley
New York
$206M +$15.2M +668,788 +8%
AB
5
Aozora Bank
Japan
$205M -$114M -5,000,000 -35%
Ameriprise
6
Ameriprise
Minnesota
$203M -$24.1M -1,060,740 -10%
Goldman Sachs
7
Goldman Sachs
New York
$188M -$106M -4,644,117 -35%
Bank of America
8
Bank of America
North Carolina
$179M +$25.8M +1,134,158 +16%
VOYA Investment Management
9
VOYA Investment Management
Georgia
$166M -$2.55M -112,161 -1%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$150M +$69.9M +3,072,749 +81%
MFM
11
MD Financial Management
Ontario, Canada
$148M -$3.26M -143,369 -2%
IA
12
IndexIQ Advisors
New York
$127M +$78.7M +3,459,425 +147%
BlackRock
13
BlackRock
New York
$117M -$10.6M -465,001 -8%
NSLI
14
Nan Shan Life Insurance
Taiwan
$114M +$4.92M +216,169 +4%
Financial Engines Advisors
15
Financial Engines Advisors
California
$95.2M +$23.6M +1,037,992 +31%
Wells Fargo
16
Wells Fargo
California
$72.8M +$8.18M +359,555 +12%
Invesco
17
Invesco
Georgia
$66M -$34.6M -1,518,819 -33%
Franklin Resources
18
Franklin Resources
California
$62.1M -$15.6M -687,610 -19%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$56.9M +$12.9M +568,157 +28%
BIAS
20
Beacon Investment Advisory Services
New Jersey
$54.6M -$723K -31,772 -1%
UBS Group
21
UBS Group
Switzerland
$47.8M -$9.28M -407,561 -16%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$47.6M +$11.7M +512,720 +31%
PI
23
PineBridge Investments
New York
$45.7M -$5.55M -243,900 -10%
SAM
24
Symphony Asset Management
California
$44.5M
AssetMark Inc
25
AssetMark Inc
California
$44.1M +$42.9M +1,883,507 +1,348%

BKLN Hedge Fund Activity: Q4 2018 in Review

378 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Senior Loan ETF (BKLN) for Q4 2018, worth a combined $4.27B — down 23% from $5.57B a quarter earlier.

Sellers outnumbered buyers: 93 funds closed out of BKLN and 83 opened new positions — a net loss of 10 holders — while 157 trimmed existing stakes and 90 added.

The largest buyer was JP Morgan Chase, adding an estimated $112M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $150M sold.

  • 378 institutional investors held Invesco Senior Loan ETF (BKLN) as of Q4 2018, down from 395 in Q3 2018.
  • Funds reported $4.27B of Invesco Senior Loan ETF stock for Q4 2018, down 23% quarter-over-quarter.
  • 83 funds opened new Invesco Senior Loan ETF positions in Q4 2018 and 93 closed out, a net change of -10 holders.
  • The largest Invesco Senior Loan ETF buyer in Q4 2018 was JP Morgan Chase, an estimated $112M added.
  • The largest Invesco Senior Loan ETF seller in Q4 2018 was Lord, Abbett & Co, an estimated $150M sold.

Based on aggregated 13F filings for Q4 2018.