Invesco S&P 500 BuyWrite ETF
PBP
55 hedge funds and large institutions have $185M invested in Invesco S&P 500 BuyWrite ETF in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
52% more capital invested
Capital invested by funds: $121M → $185M (+$63.6M)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
12% more funds holding
Funds holding: 49 → 55 (+6)
7.4% more ownership
Funds ownership: 41.41% → 48.81% (+7.4%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$48.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$21.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.38M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.81M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$13.1M |
| 2 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$1.93M |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
-$679K |
| 4 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
-$393K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPWT
51
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $10.6K | – | – | – |
|
|
RFA
52
Reilly Financial Advisors
La Mesa,
California
| $5K | – | – | – |
|
53
Invesco
Atlanta,
Georgia
| $4K | +$3.76K | +174 | New |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | +$3.78K | +175 | New |
|
|
ANBT
55
American National Bank & Trust
Wichita Falls,
Texas
| $4K | +$4.32K | +200 | New |
|
|
BIT
56
BlackRock Institutional Trust
San Francisco,
California
| – | -$259K | -12,114 | Closed |
|
|
BRWA
57
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$106K | -4,950 | Closed |
|
|
WRM
58
Westport Resources Management
Westport,
Connecticut
| – | -$11K | -500 | Closed |
|
PBP Hedge Fund Activity: Q3 2014 in Review
55 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q3 2014, worth a combined $185M — up 52% from $121M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PBP positions and 3 closed out — a net gain of 6 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $48.2M. The largest seller was Integrated Wealth Counsel, cutting an estimated $13.1M.
- 55 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q3 2014, up from 49 in Q2 2014.
- Funds reported $185M of Invesco S&P 500 BuyWrite ETF stock for Q3 2014, up 52% quarter-over-quarter.
- 9 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q3 2014 and 3 closed out, a net change of +6 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q3 2014 was Aviance Capital Management, an estimated $48.2M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q3 2014 was Integrated Wealth Counsel, an estimated $13.1M sold.
Based on aggregated 13F filings for Q3 2014.