Invesco Food & Beverage ETF
PBJ
92 hedge funds and large institutions have $191M invested in Invesco Food & Beverage ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 16 closing their positions.
4.25% less ownership
Funds ownership: 66.25% → 62% (-4.3%)
5% less funds holding
Funds holding: 97 → 92 (-5)
6% less capital invested
Capital invested by funds: $203M → $191M (-$12.2M)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$2.92M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.75M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.55M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$9.77M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$8.54M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$4.09M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.95M |
| 5 |
Morgan Stanley
New York
|
-$2.69M |
PBJ Hedge Fund Activity: Q2 2023 in Review
92 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q2 2023, worth a combined $191M — down 6% from $203M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PBJ and 12 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Hilltop Holdings, opening a new position worth an estimated $2.92M. The largest seller was Financial Engines Advisors, exiting entirely with an estimated $9.77M sold.
- 92 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q2 2023, down from 97 in Q1 2023.
- Funds reported $191M of Invesco Food & Beverage ETF stock for Q2 2023, down 6% quarter-over-quarter.
- 12 funds opened new Invesco Food & Beverage ETF positions in Q2 2023 and 16 closed out, a net change of -4 holders.
- The largest Invesco Food & Beverage ETF buyer in Q2 2023 was Hilltop Holdings, an estimated $2.92M added.
- The largest Invesco Food & Beverage ETF seller in Q2 2023 was Financial Engines Advisors, an estimated $9.77M sold.
Based on aggregated 13F filings for Q2 2023.