Invesco KBW Premium Yield Equity REIT ETF
KBWY
38 hedge funds and large institutions have $87.5M invested in Invesco KBW Premium Yield Equity REIT ETF in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 12 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
14% less funds holding
Funds holding: 44 → 38 (-6)
22.89% less ownership
Funds ownership: 63.78% → 40.89% (-23%)
43% less capital invested
Capital invested by funds: $153M → $87.5M (-$65.6M)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.43M |
| 2 |
AHC
Adell Harriman & Carpenter
Houston,
Texas
|
+$431K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$382K |
| 4 |
Morgan Stanley
New York
|
+$298K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$26.3M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$24.4M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$16M |
| 4 |
Goldman Sachs
New York
|
-$884K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$825K |
KBWY Hedge Fund Activity: Q4 2016 in Review
38 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco KBW Premium Yield Equity REIT ETF (KBWY) for Q4 2016, worth a combined $87.5M — down 43% from $153M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KBWY and 6 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was LPL Financial, adding an estimated $1.43M. The largest seller was Envestnet Asset Management, cutting an estimated $26.3M.
- 38 institutional investors held Invesco KBW Premium Yield Equity REIT ETF (KBWY) as of Q4 2016, down from 44 in Q3 2016.
- Funds reported $87.5M of Invesco KBW Premium Yield Equity REIT ETF stock for Q4 2016, down 43% quarter-over-quarter.
- 6 funds opened new Invesco KBW Premium Yield Equity REIT ETF positions in Q4 2016 and 12 closed out, a net change of -6 holders.
- The largest Invesco KBW Premium Yield Equity REIT ETF buyer in Q4 2016 was LPL Financial, an estimated $1.43M added.
- The largest Invesco KBW Premium Yield Equity REIT ETF seller in Q4 2016 was Envestnet Asset Management, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2016.