Invesco Food & Beverage ETF
PBJ
39 hedge funds and large institutions have $48.7M invested in Invesco Food & Beverage ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 6 closing their positions.
1.81% more ownership
Funds ownership: 31.29% → 33.1% (+1.8%)
3% more capital invested
Capital invested by funds: $47.1M → $48.7M (+$1.55M)
5% less funds holding
Funds holding: 41 → 39 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.05M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.05M |
| 3 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$830K |
| 4 |
Jane Street
New York
|
+$742K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$637K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$3.74M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.64M |
| 3 |
Morgan Stanley
New York
|
-$1.36M |
| 4 |
LPL Financial
San Diego,
California
|
-$578K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$431K |
PBJ Hedge Fund Activity: Q1 2017 in Review
39 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q1 2017, worth a combined $48.7M — up 3.3% from $47.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PBJ and 5 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $7.05M. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $3.74M sold.
- 39 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q1 2017, down from 41 in Q4 2016.
- Funds reported $48.7M of Invesco Food & Beverage ETF stock for Q1 2017, up 3.3% quarter-over-quarter.
- 5 funds opened new Invesco Food & Beverage ETF positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest Invesco Food & Beverage ETF buyer in Q1 2017 was Wells Fargo, an estimated $7.05M added.
- The largest Invesco Food & Beverage ETF seller in Q1 2017 was Tocqueville Asset Management, an estimated $3.74M sold.
Based on aggregated 13F filings for Q1 2017.