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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
RIA
76
Realta Investment Advisors
Delaware
$1.32K – – –
AIC
77
Archer Investment Corporation
Indiana
$1.27K – – –
AIM
78
Anchor Investment Management
South Carolina
$1.06K – – –
WT
79
Whittier Trust
California
$593 – – –
JP Morgan Chase
80
JP Morgan Chase
New York
$297 -$30.3K -680 -99%
Fidelity Investments
81
Fidelity Investments
Massachusetts
$42 -$3.25K -73 -99%
HH
82
Hilltop Holdings
Texas
– -$2.86M -62,959 Closed
VC
83
Vicus Capital
Pennsylvania
– -$2.48M -54,546 Closed
MCC
84
Money Concepts Capital
Florida
– -$1.43M -31,545 Closed
PCP
85
Proficio Capital Partners
Massachusetts
– -$1.33M -29,280 Closed
WAP
86
Wealthcare Advisory Partners
Pennsylvania
– -$1.23M -27,053 Closed
FTUS
87
Flow Traders U.S.
New York
– -$1.05M -23,143 Closed
Baird Financial Group
88
Baird Financial Group
Wisconsin
– -$903K -19,863 Closed
Janney Montgomery Scott
89
Janney Montgomery Scott
Pennsylvania
– -$744K -16,369 Closed
BPC
90
Banque Pictet & Cie
Switzerland
– -$704K -15,500 Closed
KWM
91
Kingsview Wealth Management
Oregon
– -$572K -12,581 Closed
CFG
92
Carr Financial Group
Massachusetts
– -$554K -12,198 Closed
KAS
93
Kestra Advisory Services
Texas
– -$422K -9,288 Closed
Millennium Management
94
Millennium Management
New York
– -$373K -8,201 Closed
CP
95
Camelot Portfolios
Ohio
– -$357K -7,848 Closed
Fifth Third Bancorp
96
Fifth Third Bancorp
Ohio
– -$350K -7,702 Closed
BFA
97
Beacon Financial Advisory
Ohio
– -$229K -5,043 Closed
Cetera Investment Advisers
98
Cetera Investment Advisers
Illinois
– -$212K -4,659 Closed
PNC Financial Services Group
99
PNC Financial Services Group
Pennsylvania
– -$6.95K -153 Closed
1 2 3
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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.