Invesco Food & Beverage ETF
PBJ
57 hedge funds and large institutions have $48.5M invested in Invesco Food & Beverage ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 13 closing their positions.
7.06% less ownership
Funds ownership: 44.04% → 36.98% (-7.1%)
10% less funds holding
Funds holding: 63 → 57 (-6)
23% less capital invested
Capital invested by funds: $63.2M → $48.5M (-$14.7M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$426K |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$348K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$268K |
| 4 |
Goldman Sachs
New York
|
+$254K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.96M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.09M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.36M |
| 4 |
NP
Nilsine Partners
Greenwood Village,
Colorado
|
-$1.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.26M |
PBJ Hedge Fund Activity: Q1 2024 in Review
57 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Food & Beverage ETF (PBJ) for Q1 2024, worth a combined $48.5M — down 23% from $63.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PBJ and 8 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $426K. The largest seller was Morgan Stanley, cutting an estimated $6.96M.
- 57 institutional investors held Invesco Food & Beverage ETF (PBJ) as of Q1 2024, down from 63 in Q4 2023.
- Funds reported $48.5M of Invesco Food & Beverage ETF stock for Q1 2024, down 23% quarter-over-quarter.
- 8 funds opened new Invesco Food & Beverage ETF positions in Q1 2024 and 13 closed out, a net change of -5 holders.
- The largest Invesco Food & Beverage ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $426K added.
- The largest Invesco Food & Beverage ETF seller in Q1 2024 was Morgan Stanley, an estimated $6.96M sold.
Based on aggregated 13F filings for Q1 2024.