Invesco Food & Beverage ETF
PBJ
35 hedge funds and large institutions have $43.4M invested in Invesco Food & Beverage ETF in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 6 closing their positions.
0.53% more ownership
Funds ownership: 33.1% → 33.62% (+0.53%)
10% less funds holding
Funds holding: 39 → 35 (-4)
11% less capital invested
Capital invested by funds: $48.7M → $43.4M (-$5.26M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$954K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$578K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$462K |
| 4 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
+$341K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 3 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$836K |
| 4 |
Morgan Stanley
New York
|
-$491K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
First Horizon Advisors
Memphis,
Tennessee
| $127K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $96K | +$14.2K | +431 | +16% |
|
28
Citigroup
New York
| $39K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $37K | +$132 | +4 | +0.3% |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $32K | – | – | – |
|
|
PSUF
31
People's United Financial
Bridgeport,
Connecticut
| $7K | -$11.6K | -353 | -61% |
|
32
Envestnet Asset Management
Chicago,
Illinois
| $6K | – | – | – |
|
33
UBS AM
Chicago,
Illinois
| $5.67K | – | – | – |
|
|
NFG
34
Next Financial Group
Houston,
Texas
| $1K | – | – | – |
|
|
CLOS
35
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$836K | -25,000 | Closed |
|
36
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$267K | -7,977 | Closed |
|
37
Goldman Sachs
New York
| – | -$243K | -7,254 | Closed |
|
|
1GA
38
1st Global Advisors
Dallas,
Texas
| – | -$213K | -6,374 | Closed |
|
39
AssetMark Inc
Concord,
California
| – | -$3K | -78 | Closed |
|
40
Creative Planning
Overland Park,
Kansas
| – | -$1K | -30 | Closed |
|
PBJ Hedge Fund Activity: Q2 2017 in Review
35 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q2 2017, worth a combined $43.4M — down 11% from $48.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PBJ and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $954K. The largest seller was Susquehanna International Group, cutting an estimated $1.28M.
- 35 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q2 2017, down from 39 in Q1 2017.
- Funds reported $43.4M of Invesco Food & Beverage ETF stock for Q2 2017, down 11% quarter-over-quarter.
- 2 funds opened new Invesco Food & Beverage ETF positions in Q2 2017 and 6 closed out, a net change of -4 holders.
- The largest Invesco Food & Beverage ETF buyer in Q2 2017 was Virtu KCG Holdings, an estimated $954K added.
- The largest Invesco Food & Beverage ETF seller in Q2 2017 was Susquehanna International Group, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2017.