Invesco Food & Beverage ETF
PBJ
35 hedge funds and large institutions have $187M invested in Invesco Food & Beverage ETF in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 33 → 35 (+2)
10.14% less ownership
Funds ownership: 55.16% → 45.02% (-10%)
36% less capital invested
Capital invested by funds: $292M → $187M (-$105M)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$46.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.83M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.93M |
| 4 |
SG Americas Securities
New York
|
+$1.27M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$746K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$107M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.35M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$3.79M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.65M |
| 5 |
Morgan Stanley
New York
|
-$1.79M |
PBJ Hedge Fund Activity: Q2 2014 in Review
35 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q2 2014, worth a combined $187M — down 36% from $292M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PBJ positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $46.6M. The largest seller was RiverFront Investment Group, cutting an estimated $107M.
- 35 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q2 2014, up from 33 in Q1 2014.
- Funds reported $187M of Invesco Food & Beverage ETF stock for Q2 2014, down 36% quarter-over-quarter.
- 7 funds opened new Invesco Food & Beverage ETF positions in Q2 2014 and 5 closed out, a net change of +2 holders.
- The largest Invesco Food & Beverage ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $46.6M added.
- The largest Invesco Food & Beverage ETF seller in Q2 2014 was RiverFront Investment Group, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2014.