We are live on ! Find out more
PBJ icon

Invesco Food & Beverage ETF
PBJ

63 hedge funds and large institutions have $63.2M invested in Invesco Food & Beverage ETF in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 30 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

13.81% less ownership

Funds ownership: 57.84% → 44.04% (-14%)

22% less funds holding

Funds holding: 81 → 63 (-18)

48% less capital invested

Capital invested by funds: $121M → $63.2M (-$58.1M)

63% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 30

68% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 25

Holders
63
Holders Change
-18
Holders Change %
-22.22%
% of All Funds
0.92%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
11
Reduced
30
Closed
25
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$801K
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$562K
3
AAS
Avantax Advisory Services
Texas
+$532K
4
Two Sigma Investments
Two Sigma Investments
New York
+$319K
5
FTUS
Flow Traders U.S.
New York
+$291K

Top Sellers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
-$21M
2
FHA
Flagship Harbor Advisors
Massachusetts
-$14.1M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$7.26M
4
LPL Financial
LPL Financial
California
-$3.63M
5
Bank of America
Bank of America
North Carolina
-$2.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$476K -$347K -8,051 -44%
KA
27
Kovack Advisors
Florida
$457K -$30.8K -714 -7%
PAG
28
Private Advisor Group
New Jersey
$439K -$226K -5,253 -35%
KPWS
29
Kestra Private Wealth Services
Texas
$377K -$66.9K -1,554 -16%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$340K -$7.26M -168,504 -96%
FTUS
31
Flow Traders U.S.
New York
$309K +$291K +6,747 New
HighTower Advisors
32
HighTower Advisors
Illinois
$280K -$21M -486,804 -99%
VAS
33
Valicenti Advisory Services
New York
$277K +$261K +6,050 New
Truist Financial
34
Truist Financial
North Carolina
$252K -$2M -46,501 -89%
Stifel Financial
35
Stifel Financial
Missouri
$243K -$443K -10,283 -66%
CAN
36
Cetera Advisor Networks
California
$239K +$3.36K +78 +2%
TSS
37
Two Sigma Securities
New York
$206K -$217K -5,049 -53%
CSC
38
Caldwell Sutter Capital
California
$189K – – –
FHA
39
First Horizon Advisors
Tennessee
$185K – – –
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$141K -$45.7K -1,062 -26%
SPIA
41
Steward Partners Investment Advisory
New York
$122K -$4K -93 -3%
HGERS
42
Householder Group Estate & Retirement Specialist
Arizona
$49K -$64.1K -1,489 -58%
BFEC
43
Benjamin F. Edwards & Company
Missouri
$46K – – –
Carson Wealth (CWM LLC)
44
Carson Wealth (CWM LLC)
Nebraska
$41K -$43 -1 -0.1%
ASN
45
Advisory Services Network
Georgia
$35.9K +$33.7K +783 New
US Bancorp
46
US Bancorp
Minnesota
$35.2K – – –
Qube Research & Technologies (QRT)
47
Qube Research & Technologies (QRT)
United Kingdom
$33.2K – – –
Citigroup
48
Citigroup
New York
$31.2K – – –
NS
49
NBC Securities
Alabama
$28K – – –
WIA
50
Wetzel Investment Advisors
Indiana
$18K +$17.2K +400 New
1
2
3 4

PBJ Hedge Fund Activity: Q4 2023 in Review

63 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q4 2023, worth a combined $63.2M — down 48% from $121M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PBJ and 8 opened new positions — a net loss of 17 holders — while 30 trimmed existing stakes and 11 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $801K. The largest seller was HighTower Advisors, cutting an estimated $21M.

  • 63 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q4 2023, down from 81 in Q3 2023.
  • Funds reported $63.2M of Invesco Food & Beverage ETF stock for Q4 2023, down 48% quarter-over-quarter.
  • 8 funds opened new Invesco Food & Beverage ETF positions in Q4 2023 and 25 closed out, a net change of -17 holders.
  • The largest Invesco Food & Beverage ETF buyer in Q4 2023 was Millennium Management, an estimated $801K added.
  • The largest Invesco Food & Beverage ETF seller in Q4 2023 was HighTower Advisors, an estimated $21M sold.

Based on aggregated 13F filings for Q4 2023.