Invesco Food & Beverage ETF
PBJ
81 hedge funds and large institutions have $121M invested in Invesco Food & Beverage ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 35 reducing their positions, and 18 closing their positions.
4.15% less ownership
Funds ownership: 62% → 57.84% (-4.2%)
12% less funds holding
Funds holding: 92 → 81 (-11)
36% less capital invested
Capital invested by funds: $191M → $121M (-$69.5M)
49% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 35
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$14.8M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$760K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$579K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$468K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$460K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.68M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.94M |
PBJ Hedge Fund Activity: Q3 2023 in Review
81 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q3 2023, worth a combined $121M — down 36% from $191M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PBJ and 7 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 18 added.
The largest buyer was Flagship Harbor Advisors, opening a new position worth an estimated $14.8M. The largest seller was Morgan Stanley, cutting an estimated $13.5M.
- 81 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q3 2023, down from 92 in Q2 2023.
- Funds reported $121M of Invesco Food & Beverage ETF stock for Q3 2023, down 36% quarter-over-quarter.
- 7 funds opened new Invesco Food & Beverage ETF positions in Q3 2023 and 18 closed out, a net change of -11 holders.
- The largest Invesco Food & Beverage ETF buyer in Q3 2023 was Flagship Harbor Advisors, an estimated $14.8M added.
- The largest Invesco Food & Beverage ETF seller in Q3 2023 was Morgan Stanley, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2023.