Invesco Food & Beverage ETF
PBJ
51 hedge funds and large institutions have $111M invested in Invesco Food & Beverage ETF in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
40% more capital invested
Capital invested by funds: $79.2M → $111M (+$32M)
38% more funds holding
Funds holding: 37 → 51 (+14)
5.81% more ownership
Funds ownership: 41.87% → 47.67% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$23.6M |
| 2 |
Morgan Stanley
New York
|
+$5.88M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.11M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.55M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$11.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.4M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$737K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$340K |
| 5 |
Goldman Sachs
New York
|
-$42.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$340K | -10,786 | Closed |
|
|
LWCFA
52
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$4K | -130 | Closed |
|
|
IA
53
IFP Advisors
Tampa,
Florida
| – | +$98 | +3 | New |
|
PBJ Hedge Fund Activity: Q4 2015 in Review
51 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q4 2015, worth a combined $111M — up 40% from $79.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PBJ positions and 3 closed out — a net gain of 14 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $23.6M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $11.6M sold.
- 51 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q4 2015, up from 37 in Q3 2015.
- Funds reported $111M of Invesco Food & Beverage ETF stock for Q4 2015, up 40% quarter-over-quarter.
- 17 funds opened new Invesco Food & Beverage ETF positions in Q4 2015 and 3 closed out, a net change of +14 holders.
- The largest Invesco Food & Beverage ETF buyer in Q4 2015 was Janney Capital Management, an estimated $23.6M added.
- The largest Invesco Food & Beverage ETF seller in Q4 2015 was Clark Capital Management Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2015.