Invesco Food & Beverage ETF
PBJ
41 hedge funds and large institutions have $47.1M invested in Invesco Food & Beverage ETF in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 12 closing their positions.
1.4% less ownership
Funds ownership: 32.68% → 31.29% (-1.4%)
9% less funds holding
Funds holding: 45 → 41 (-4)
10% less capital invested
Capital invested by funds: $52.6M → $47.1M (-$5.51M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$3.66M |
| 2 |
Morgan Stanley
New York
|
+$3.45M |
| 3 |
OC
Oppenheimer & Co
New York
|
+$680K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$310K |
| 5 |
CG
Colony Group
Boston,
Massachusetts
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.37M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$1.92M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$1.6M |
| 4 |
SG Americas Securities
New York
|
-$1.38M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
PBJ Hedge Fund Activity: Q4 2016 in Review
41 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q4 2016, worth a combined $47.1M — down 10% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PBJ and 8 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 6 added.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $3.66M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.37M sold.
- 41 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q4 2016, down from 45 in Q3 2016.
- Funds reported $47.1M of Invesco Food & Beverage ETF stock for Q4 2016, down 10% quarter-over-quarter.
- 8 funds opened new Invesco Food & Beverage ETF positions in Q4 2016 and 12 closed out, a net change of -4 holders.
- The largest Invesco Food & Beverage ETF buyer in Q4 2016 was Tocqueville Asset Management, an estimated $3.66M added.
- The largest Invesco Food & Beverage ETF seller in Q4 2016 was Citadel Advisors, an estimated $2.37M sold.
Based on aggregated 13F filings for Q4 2016.