Invesco Food & Beverage ETF
PBJ
31 hedge funds and large institutions have $16.9M invested in Invesco Food & Beverage ETF in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 8 closing their positions.
0.42% less ownership
Funds ownership: 21.87% → 21.44% (-0.42%)
6% less funds holding
Funds holding: 33 → 31 (-2)
18% less capital invested
Capital invested by funds: $20.7M → $16.9M (-$3.78M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$667K |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
+$232K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$208K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$33.9K |
| 5 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$30.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$991K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$690K |
| 3 |
VF
Virtu Financial
New York
|
-$452K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$340K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$225K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
26
SeaCrest Wealth Management
Purchase,
New York
| $2K | – | – | – |
|
|
RE
27
RBC Europe
London,
United Kingdom
| $1.35K | – | – | – |
|
|
TFS
28
TrustCore Financial Services
Brentwood,
Tennessee
| $1K | +$894 | +27 | New |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | +$1.19K | +36 | New |
|
|
NWM
30
Northwest Wealth Management
Spencer,
Iowa
| $1K | +$1.49K | +45 | New |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$991K | -29,281 | Closed |
|
|
VF
32
Virtu Financial
New York
| – | -$452K | -13,352 | Closed |
|
|
33
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$225K | -6,649 | Closed |
|
|
KM
34
Kalos Management
Alpharetta,
Georgia
| – | -$213K | -6,592 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$217K | -6,397 | Closed |
|
|
KA
36
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$205K | -6,062 | Closed |
|
37
JP Morgan Chase
New York
| – | -$23K | -675 | Closed |
|
|
FAAS
38
First Allied Advisory Services
San Diego,
California
| – | -$10K | -300 | Closed |
|
PBJ Hedge Fund Activity: Q1 2018 in Review
31 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q1 2018, worth a combined $16.9M — down 18% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBJ and 6 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 5 added.
The largest buyer was Mutual Advisors, opening a new position worth an estimated $667K. The largest seller was Ameriprise, exiting entirely with an estimated $991K sold.
- 31 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q1 2018, down from 33 in Q4 2017.
- Funds reported $16.9M of Invesco Food & Beverage ETF stock for Q1 2018, down 18% quarter-over-quarter.
- 6 funds opened new Invesco Food & Beverage ETF positions in Q1 2018 and 8 closed out, a net change of -2 holders.
- The largest Invesco Food & Beverage ETF buyer in Q1 2018 was Mutual Advisors, an estimated $667K added.
- The largest Invesco Food & Beverage ETF seller in Q1 2018 was Ameriprise, an estimated $991K sold.
Based on aggregated 13F filings for Q1 2018.