Invesco S&P 500 BuyWrite ETF
PBP
78 hedge funds and large institutions have $134M invested in Invesco S&P 500 BuyWrite ETF in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 15 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
3.22% less ownership
Funds ownership: 50.79% → 47.57% (-3.2%)
4% less funds holding
Funds holding: 81 → 78 (-3)
11% less capital invested
Capital invested by funds: $150M → $134M (-$15.9M)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.74M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.56M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.46M |
| 4 |
FCA
FinTrust Capital Advisors
Greenville,
South Carolina
|
+$1.19M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.8M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$3.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.24M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.53M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$2.02M |
PBP Hedge Fund Activity: Q4 2019 in Review
78 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q4 2019, worth a combined $134M — down 11% from $150M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PBP and 13 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.74M. The largest seller was Bank of Montreal, exiting entirely with an estimated $10.8M sold.
- 78 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q4 2019, down from 81 in Q3 2019.
- Funds reported $134M of Invesco S&P 500 BuyWrite ETF stock for Q4 2019, down 11% quarter-over-quarter.
- 13 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q4 2019 and 15 closed out, a net change of -2 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q4 2019 was Susquehanna International Group, an estimated $3.74M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q4 2019 was Bank of Montreal, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2019.