Invesco Food & Beverage ETF
PBJ
34 hedge funds and large institutions have $26.8M invested in Invesco Food & Beverage ETF in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 35 → 34 (-1)
7.74% less ownership
Funds ownership: 33.62% → 25.88% (-7.7%)
38% less capital invested
Capital invested by funds: $43.4M → $26.8M (-$16.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$908K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$355K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$238K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$141K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.82M |
| 2 |
V
Veritable
Wilmington,
Delaware
|
-$3.31M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.65M |
| 4 |
Morgan Stanley
New York
|
-$2.62M |
| 5 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$864K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $38K | +$161 | +5 | +0.4% |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $32K | – | – | – |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $9K | +$3.12K | +97 | +51% |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6K | +$6.42K | +200 | New |
|
30
UBS AM
Chicago,
Illinois
| $5.83K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$3.12K | +97 | New |
|
|
RE
32
RBC Europe
London,
United Kingdom
| $1.36K | +$1.35K | +42 | New |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $1K | – | – | – |
|
|
V
34
Veritable
Wilmington,
Delaware
| – | -$3.31M | -105,145 | Closed |
|
|
PVH
35
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$864K | -27,409 | Closed |
|
36
JP Morgan Chase
New York
| – | -$477K | -15,129 | Closed |
|
37
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$216K | -6,865 | Closed |
|
|
PSUF
38
People's United Financial
Bridgeport,
Connecticut
| – | -$7K | -223 | Closed |
|
PBJ Hedge Fund Activity: Q3 2017 in Review
34 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q3 2017, worth a combined $26.8M — down 38% from $43.4M a quarter earlier.
Fund positioning in PBJ was balanced in Q3 2017: 5 funds opened new positions, 5 closed out, 13 added to existing stakes and 11 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $908K. The largest seller was Wells Fargo, cutting an estimated $6.82M.
- 34 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q3 2017, down from 35 in Q2 2017.
- Funds reported $26.8M of Invesco Food & Beverage ETF stock for Q3 2017, down 38% quarter-over-quarter.
- 5 funds opened new Invesco Food & Beverage ETF positions in Q3 2017 and 5 closed out, a net change of 0 holders.
- The largest Invesco Food & Beverage ETF buyer in Q3 2017 was Virtu Financial, an estimated $908K added.
- The largest Invesco Food & Beverage ETF seller in Q3 2017 was Wells Fargo, an estimated $6.82M sold.
Based on aggregated 13F filings for Q3 2017.