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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$801K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$562K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$532K |
| 4 |
Two Sigma Investments
New York
|
+$319K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$21M |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$14.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.26M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.63M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.89M |
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.