Invesco Food & Beverage ETF
PBJ
26 hedge funds and large institutions have $36.9M invested in Invesco Food & Beverage ETF in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 6 closing their positions.
4.02% less ownership
Funds ownership: 20.05% → 16.03% (-4%)
10% less funds holding
Funds holding: 29 → 26 (-3)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
18% less capital invested
Capital invested by funds: $44.9M → $36.9M (-$7.96M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.53M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$428K |
| 3 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
+$252K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$225K |
| 5 |
MG
MDE Group
Morristown,
New Jersey
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.68M |
| 2 |
Goldman Sachs
New York
|
-$3.58M |
| 3 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
-$2.04M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.37M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
27
Goldman Sachs
New York
| – | -$3.58M | -140,769 | Closed |
|
|
PFG
28
Pacific Financial Group
Bellevue,
Washington
| – | -$2.04M | -80,131 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.37M | -53,994 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$1.17M | -45,834 | Closed |
|
|
EC
31
Estate Counselors
Thiensville,
Wisconsin
| – | -$658K | -25,850 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -155 | Closed |
|
PBJ Hedge Fund Activity: Q4 2013 in Review
26 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q4 2013, worth a combined $36.9M — down 18% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PBJ and 3 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.53M. The largest seller was Bank of America, cutting an estimated $3.68M.
- 26 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q4 2013, down from 29 in Q3 2013.
- Funds reported $36.9M of Invesco Food & Beverage ETF stock for Q4 2013, down 18% quarter-over-quarter.
- 3 funds opened new Invesco Food & Beverage ETF positions in Q4 2013 and 6 closed out, a net change of -3 holders.
- The largest Invesco Food & Beverage ETF buyer in Q4 2013 was Royal Bank of Canada, an estimated $1.53M added.
- The largest Invesco Food & Beverage ETF seller in Q4 2013 was Bank of America, an estimated $3.68M sold.
Based on aggregated 13F filings for Q4 2013.