Invesco Food & Beverage ETF
PBJ
33 hedge funds and large institutions have $20.7M invested in Invesco Food & Beverage ETF in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 9 closing their positions.
3% less funds holding
Funds holding: 34 → 33 (-1)
4.02% less ownership
Funds ownership: 25.88% → 21.87% (-4%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
84% less capital inflows, than outflows
Capital inflows: $1.37M | Capital outflows: $8.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$385K |
| 2 |
Cetera Advisor Networks
El Segundo,
California
|
+$238K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$218K |
| 4 |
Kalos Management
Alpharetta,
Georgia
|
+$216K |
| 5 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.24M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.19M |
| 3 |
Oppenheimer & Co
New York
|
-$914K |
| 4 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
-$719K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$645K |
PBJ Hedge Fund Activity: Q4 2017 in Review
33 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q4 2017, worth a combined $20.7M — down 23% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PBJ and 8 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $385K. The largest seller was Wells Fargo, cutting an estimated $1.24M.
- 33 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q4 2017, down from 34 in Q3 2017.
- Funds reported $20.7M of Invesco Food & Beverage ETF stock for Q4 2017, down 23% quarter-over-quarter.
- 8 funds opened new Invesco Food & Beverage ETF positions in Q4 2017 and 9 closed out, a net change of -1 holder.
- The largest Invesco Food & Beverage ETF buyer in Q4 2017 was Bank of America, an estimated $385K added.
- The largest Invesco Food & Beverage ETF seller in Q4 2017 was Wells Fargo, an estimated $1.24M sold.
Based on aggregated 13F filings for Q4 2017.