Invesco Food & Beverage ETF
PBJ
97 hedge funds and large institutions have $206M invested in Invesco Food & Beverage ETF in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 15 closing their positions.
41% more capital inflows, than outflows
Capital inflows: $37.2M | Capital outflows: $26.4M
11.12% more ownership
Funds ownership: 55.13% → 66.25% (+11%)
1% more funds holding
Funds holding: 96 → 97 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$9.6M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$8.42M |
| 3 |
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$8.35M |
| 4 |
LPL Financial
San Diego,
California
|
+$2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Private Advisor Group
Morristown,
New Jersey
|
-$4.17M |
| 2 |
Financial Management Professionals
Austin,
Texas
|
-$3.03M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.79M |
| 4 |
Fulcrum Equity Management
Plano,
Texas
|
-$2.71M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$1.83M |
PBJ Hedge Fund Activity: Q1 2023 in Review
97 of the 6,290 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q1 2023, worth a combined $206M — up 6.8% from $193M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PBJ positions and 15 closed out — a net gain of 1 holder — while 30 added to existing stakes and 31 trimmed.
The largest buyer was Financial Engines Advisors, opening a new position worth an estimated $9.6M. The largest seller was Private Advisor Group, cutting an estimated $4.17M.
- 97 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q1 2023, up from 96 in Q4 2022.
- Funds reported $206M of Invesco Food & Beverage ETF stock for Q1 2023, up 6.8% quarter-over-quarter.
- 16 funds opened new Invesco Food & Beverage ETF positions in Q1 2023 and 15 closed out, a net change of +1 holder.
- The largest Invesco Food & Beverage ETF buyer in Q1 2023 was Financial Engines Advisors, an estimated $9.6M added.
- The largest Invesco Food & Beverage ETF seller in Q1 2023 was Private Advisor Group, an estimated $4.17M sold.
Based on aggregated 13F filings for Q1 2023.