Invesco S&P 500 BuyWrite ETF
PBP
56 hedge funds and large institutions have $119M invested in Invesco S&P 500 BuyWrite ETF in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 11 closing their positions.
4.43% less ownership
Funds ownership: 45.32% → 40.9% (-4.4%)
7% less funds holding
Funds holding: 60 → 56 (-4)
15% less capital invested
Capital invested by funds: $139M → $119M (-$20.7M)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$6.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.69M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.61M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$1,000K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.69M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.17M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.07M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.22M |
PBP Hedge Fund Activity: Q2 2016 in Review
56 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q2 2016, worth a combined $119M — down 15% from $139M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PBP and 7 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $6.51M. The largest seller was Wells Fargo, cutting an estimated $7.69M.
- 56 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q2 2016, down from 60 in Q1 2016.
- Funds reported $119M of Invesco S&P 500 BuyWrite ETF stock for Q2 2016, down 15% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q2 2016 and 11 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q2 2016 was UBS Group, an estimated $6.51M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q2 2016 was Wells Fargo, an estimated $7.69M sold.
Based on aggregated 13F filings for Q2 2016.