Invesco Food & Beverage ETF
49 hedge funds and large institutions have $185M invested in Invesco Food & Beverage ETF in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 14 closing their positions.
66% more capital invested
Capital invested by funds: $111M → $185M (+$73.4M)
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 51 → 49 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$90.2M |
| 2 |
ST
Spinnaker Trust
Portland,
Maine
|
+$2.96M |
| 3 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$2.28M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$17.2M |
| 2 |
Morgan Stanley
New York
|
-$4.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.85M |
| 4 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$1.26M |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
-$1.03M |
PBJ Hedge Fund Activity: Q1 2016 in Review
49 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q1 2016, worth a combined $185M — up 66% from $111M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PBJ and 12 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $90.2M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $17.2M sold.
- 49 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $185M of Invesco Food & Beverage ETF stock for Q1 2016, up 66% quarter-over-quarter.
- 12 funds opened new Invesco Food & Beverage ETF positions in Q1 2016 and 14 closed out, a net change of -2 holders.
- The largest Invesco Food & Beverage ETF buyer in Q1 2016 was Migdal Insurance & Financial Holdings, an estimated $90.2M added.
- The largest Invesco Food & Beverage ETF seller in Q1 2016 was Brookstone Capital Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2016.