Invesco Food & Beverage ETF
48 hedge funds and large institutions have $140M invested in Invesco Food & Beverage ETF in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 8 closing their positions.
2% less funds holding
Funds holding: 49 → 48 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
24% less capital invested
Capital invested by funds: $185M → $140M (-$45.1M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.52M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$657K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$606K |
| 4 |
SG Americas Securities
New York
|
+$580K |
| 5 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$24.7M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$22.6M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.48M |
PBJ Hedge Fund Activity: Q2 2016 in Review
48 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q2 2016, worth a combined $140M — down 24% from $185M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBJ and 7 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 12 added.
The largest buyer was UBS Group, adding an estimated $1.52M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $24.7M.
- 48 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q2 2016, down from 49 in Q1 2016.
- Funds reported $140M of Invesco Food & Beverage ETF stock for Q2 2016, down 24% quarter-over-quarter.
- 7 funds opened new Invesco Food & Beverage ETF positions in Q2 2016 and 8 closed out, a net change of -1 holder.
- The largest Invesco Food & Beverage ETF buyer in Q2 2016 was UBS Group, an estimated $1.52M added.
- The largest Invesco Food & Beverage ETF seller in Q2 2016 was Migdal Insurance & Financial Holdings, an estimated $24.7M sold.
Based on aggregated 13F filings for Q2 2016.