Invesco Food & Beverage ETF
PBJ
33 hedge funds and large institutions have $18.9M invested in Invesco Food & Beverage ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $17.4M → $18.9M (+$1.46M)
2.41% more ownership
Funds ownership: 22.79% → 25.2% (+2.4%)
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$915K |
| 2 |
Jane Street
New York
|
+$903K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$400K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$297K |
| 5 |
Morgan Stanley
New York
|
+$89.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kalos Management
Alpharetta,
Georgia
|
-$213K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$185K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$121K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$108K |
| 5 |
LPL Financial
San Diego,
California
|
-$75.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS AM
Chicago,
Illinois
| $5.86K | – | – | – |
|
|
SWM
27
SeaCrest Wealth Management
Purchase,
New York
| $2K | – | – | – |
|
|
RE
28
RBC Europe
London,
United Kingdom
| $1.37K | – | – | – |
|
|
NWM
29
Northwest Wealth Management
Spencer,
Iowa
| $1K | – | – | – |
|
|
TFS
30
TrustCore Financial Services
Brentwood,
Tennessee
| $1K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $1K | +$1.06K | +32 | New |
|
|
KM
32
Kalos Management
Alpharetta,
Georgia
| – | -$213K | -6,592 | Closed |
|
|
CF
33
Centaurus Financial
Anaheim,
California
| – | -$33K | -1,000 | Closed |
|
34
Envestnet Asset Management
Chicago,
Illinois
| – | -$9K | -291 | Closed |
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -201 | Closed |
|
PBJ Hedge Fund Activity: Q3 2018 in Review
33 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q3 2018, worth a combined $18.9M — up 8.4% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PBJ and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 9 added.
The largest buyer was Royal Bank of Canada, adding an estimated $915K. The largest seller was Kalos Management, exiting entirely with an estimated $213K sold.
- 33 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $18.9M of Invesco Food & Beverage ETF stock for Q3 2018, up 8.4% quarter-over-quarter.
- 3 funds opened new Invesco Food & Beverage ETF positions in Q3 2018 and 4 closed out, a net change of -1 holder.
- The largest Invesco Food & Beverage ETF buyer in Q3 2018 was Royal Bank of Canada, an estimated $915K added.
- The largest Invesco Food & Beverage ETF seller in Q3 2018 was Kalos Management, an estimated $213K sold.
Based on aggregated 13F filings for Q3 2018.