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Invesco Food & Beverage ETF
PBJ

81 hedge funds and large institutions have $121M invested in Invesco Food & Beverage ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.15% less ownership

Funds ownership: 62% → 57.84% (-4.2%)

12% less funds holding

Funds holding: 92 → 81 (-11)

36% less capital invested

Capital invested by funds: $191M → $121M (-$69.5M)

49% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 35

61% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 18

Holders
81
Holders Change
-11
Holders Change %
-11.96%
% of All Funds
1.29%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
18
Reduced
35
Closed
18
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FHA
Flagship Harbor Advisors
Massachusetts
+$14.8M
2
TRCT
Tower Research Capital (TRC)
New York
+$760K
3
HighTower Advisors
HighTower Advisors
Illinois
+$579K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$468K
5
Osaic Holdings
Osaic Holdings
Arizona
+$460K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$13.5M
2
Ameriprise
Ameriprise
Minnesota
-$10.9M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$8.68M
4
UBS Group
UBS Group
Switzerland
-$5.14M
5
Bank of America
Bank of America
North Carolina
-$3.94M
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
51
Steward Partners Investment Advisory
New York
$117K -$356 -8 -0.3%
HGERS
52
Householder Group Estate & Retirement Specialist
Arizona
$109K +$115K +2,576 New
Comerica Bank
53
Comerica Bank
Texas
$79.1K +$83.2K +1,868 New
Wells Fargo
54
Wells Fargo
California
$61.8K -$2.67M -60,009 -98%
BFEC
55
Benjamin F. Edwards & Company
Missouri
$42K – – –
Carson Wealth (CWM LLC)
56
Carson Wealth (CWM LLC)
Nebraska
$38K -$16.8K -376 -29%
SCA
57
Stonebridge Capital Advisors
Minnesota
$35.4K – – –
US Bancorp
58
US Bancorp
Minnesota
$32.5K – – –
Qube Research & Technologies (QRT)
59
Qube Research & Technologies (QRT)
United Kingdom
$30.7K -$2.64M -59,265 -99%
IA
60
IFP Advisors
Florida
$30.2K +$2.23K +50 +8%
FDCDDQ
61
Federation des caisses Desjardins du Quebec
Quebec, Canada
$29.7K – – –
Citigroup
62
Citigroup
New York
$28.8K – – –
DWMG
63
DB Wealth Management Group
California
$27K -$94K -2,109 -77%
NS
64
NBC Securities
Alabama
$26K +$27.6K +620 New
CIAS
65
Capital Investment Advisory Services
North Carolina
$16.1K +$16.9K +379 New
GWM
66
Geneos Wealth Management
Colorado
$10.6K – – –
CFGS
67
Concourse Financial Group Securities
Alabama
$8.47K -$1.78K -40 -17%
AWM
68
Abound Wealth Management
Tennessee
$8.47K – – –
Northwestern Mutual Wealth Management
69
Northwestern Mutual Wealth Management
Wisconsin
$7.41K +$7.8K +175 New
CSPIA
70
Cary Street Partners Investment Advisory
Virginia
$6.95K +$3.34K +75 +84%
GI
71
Gradient Investments
Minnesota
$5.38K – – –
SC
72
Stephens Consulting
Michigan
$4.42K – – –
IPW
73
Impact Partnership Wealth
Georgia
$2.2K – – –
PTC
74
Private Trust Company
Ohio
$2.03K – – –
WOSD
75
WFA of San Diego
California
$1.48K – – –
1 2
3
4

PBJ Hedge Fund Activity: Q3 2023 in Review

81 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q3 2023, worth a combined $121M — down 36% from $191M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PBJ and 7 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 18 added.

The largest buyer was Flagship Harbor Advisors, opening a new position worth an estimated $14.8M. The largest seller was Morgan Stanley, cutting an estimated $13.5M.

  • 81 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q3 2023, down from 92 in Q2 2023.
  • Funds reported $121M of Invesco Food & Beverage ETF stock for Q3 2023, down 36% quarter-over-quarter.
  • 7 funds opened new Invesco Food & Beverage ETF positions in Q3 2023 and 18 closed out, a net change of -11 holders.
  • The largest Invesco Food & Beverage ETF buyer in Q3 2023 was Flagship Harbor Advisors, an estimated $14.8M added.
  • The largest Invesco Food & Beverage ETF seller in Q3 2023 was Morgan Stanley, an estimated $13.5M sold.

Based on aggregated 13F filings for Q3 2023.