Invesco S&P 500 BuyWrite ETF
PBP
60 hedge funds and large institutions have $139M invested in Invesco S&P 500 BuyWrite ETF in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
2.6% less ownership
Funds ownership: 47.93% → 45.32% (-2.6%)
9% less funds holding
Funds holding: 66 → 60 (-6)
22% less capital invested
Capital invested by funds: $178M → $139M (-$38.4M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.25M |
| 2 |
LWA
Lenox Wealth Advisors
New York
|
+$2.51M |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$2.29M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.23M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$45.1M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.08M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.02M |
PBP Hedge Fund Activity: Q1 2016 in Review
60 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q1 2016, worth a combined $139M — down 22% from $178M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PBP and 9 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 20 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $4.25M. The largest seller was Wells Fargo, cutting an estimated $45.1M.
- 60 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q1 2016, down from 66 in Q4 2015.
- Funds reported $139M of Invesco S&P 500 BuyWrite ETF stock for Q1 2016, down 22% quarter-over-quarter.
- 9 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q1 2016 and 13 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q1 2016 was Commonwealth Equity Services, an estimated $4.25M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q1 2016 was Wells Fargo, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2016.