Invesco Food & Beverage ETF
PBJ
29 hedge funds and large institutions have $44.9M invested in Invesco Food & Beverage ETF in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 10 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
2.76% more ownership
Funds ownership: 17.3% → 20.05% (+2.8%)
9% less capital invested
Capital invested by funds: $49.6M → $44.9M (-$4.68M)
15% less funds holding
Funds holding: 34 → 29 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.33M |
| 3 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$2.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.39M |
| 5 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$7.96M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.25M |
| 3 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$2.77M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$900K |
PBJ Hedge Fund Activity: Q3 2013 in Review
29 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q3 2013, worth a combined $44.9M — down 9.4% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PBJ and 5 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $3.61M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $7.96M sold.
- 29 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q3 2013, down from 34 in Q2 2013.
- Funds reported $44.9M of Invesco Food & Beverage ETF stock for Q3 2013, down 9.4% quarter-over-quarter.
- 5 funds opened new Invesco Food & Beverage ETF positions in Q3 2013 and 10 closed out, a net change of -5 holders.
- The largest Invesco Food & Beverage ETF buyer in Q3 2013 was Goldman Sachs, an estimated $3.61M added.
- The largest Invesco Food & Beverage ETF seller in Q3 2013 was Clark Capital Management Group, an estimated $7.96M sold.
Based on aggregated 13F filings for Q3 2013.