We are live on ! Find out more
PBJ icon

Invesco Food & Beverage ETF
PBJ

35 hedge funds and large institutions have $187M invested in Invesco Food & Beverage ETF in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

6% more funds holding

Funds holding: 33 → 35 (+2)

10.14% less ownership

Funds ownership: 55.16% → 45.02% (-10%)

36% less capital invested

Capital invested by funds: $292M → $187M (-$105M)

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
35
Holders Change
+2
Holders Change %
+6.06%
% of All Funds
1.01%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
8
Reduced
14
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$46.6M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$4.83M
3
VKH
Virtu KCG Holdings
New York
+$1.93M
4
SG Americas Securities
SG Americas Securities
New York
+$1.27M
5
U
UBS
Switzerland
+$746K

Top Sellers

Rank Fund Capital Flow
1
RIG
RiverFront Investment Group
Virginia
-$107M
2
RJA
Raymond James & Associates
Florida
-$7.35M
3
SMM
Stadion Money Management
Georgia
-$3.79M
4
BTS
BB&T Securities
Virginia
-$3.65M
5
Morgan Stanley
Morgan Stanley
New York
-$1.79M
Name Holding Trade Value Shares
Change 		Change in
Stake
GSC
26
Ground Swell Capital
South Carolina
$50K +$49.1K +1,807 New
MFS
27
MSI Financial Services
Massachusetts
$30K +$8.04K +296 +37%
ClearBridge Investments
28
ClearBridge Investments
New York
$28K – – –
WA
29
WFG Advisors
Texas
$28K – – –
PSUF
30
People's United Financial
Connecticut
$26K – – –
BRWM
31
B. Riley Wealth Management
Tennessee
$19K +$2.72K +100 +16%
Deutsche Bank
32
Deutsche Bank
Germany
$13K +$13.6K +500 New
Fifth Third Bancorp
33
Fifth Third Bancorp
Ohio
$10K – – –
HI
34
Hudock Inc
Pennsylvania
$10K +$10.1K +372 New
WA
35
Waverly Advisors
Alabama
$8K +$7.74K +285 New
SMM
36
Stadion Money Management
Georgia
– -$3.79M -137,825 Closed
Goldman Sachs
37
Goldman Sachs
New York
– -$775K -28,155 Closed
MG
38
MDE Group
New Jersey
– -$544K -19,767 Closed
RJT
39
Raymond James Trust
Florida
– -$386K -14,053 Closed
FNBT
40
FineMark National Bank & Trust
Florida
– -$26K -936 Closed
1
2

PBJ Hedge Fund Activity: Q2 2014 in Review

35 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q2 2014, worth a combined $187M — down 36% from $292M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new PBJ positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 14 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $46.6M. The largest seller was RiverFront Investment Group, cutting an estimated $107M.

  • 35 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q2 2014, up from 33 in Q1 2014.
  • Funds reported $187M of Invesco Food & Beverage ETF stock for Q2 2014, down 36% quarter-over-quarter.
  • 7 funds opened new Invesco Food & Beverage ETF positions in Q2 2014 and 5 closed out, a net change of +2 holders.
  • The largest Invesco Food & Beverage ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $46.6M added.
  • The largest Invesco Food & Beverage ETF seller in Q2 2014 was RiverFront Investment Group, an estimated $107M sold.

Based on aggregated 13F filings for Q2 2014.