Invesco S&P 500 BuyWrite ETF
PBP
72 hedge funds and large institutions have $78.4M invested in Invesco S&P 500 BuyWrite ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 35 reducing their positions, and 16 closing their positions.
9% less funds holding
Funds holding: 79 → 72 (-7)
10.04% less ownership
Funds ownership: 52.83% → 42.78% (-10%)
20% less capital invested
Capital invested by funds: $97.4M → $78.4M (-$19M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
49% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.47M |
| 2 |
ACM
Anfield Capital Management
Irvine,
California
|
+$699K |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$619K |
| 4 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
+$517K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.03M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.19M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.85M |
| 5 |
Morgan Stanley
New York
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Mercer Global Advisors
Denver,
Colorado
| – | -$518K | -30,980 | Closed |
|
|
TSS
77
Two Sigma Securities
New York
| – | -$442K | -26,410 | Closed |
|
|
HSA
78
HBK Sorce Advisory
Erie,
Pennsylvania
| – | -$391K | -23,373 | Closed |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$333K | -19,906 | Closed |
|
80
Comerica Bank
Dallas,
Texas
| – | -$339K | -19,804 | Closed |
|
|
WI
81
WrapManager Inc
Mill Valley,
California
| – | -$309K | -18,493 | Closed |
|
|
SFM
82
Signet Financial Management
Parsippany,
New Jersey
| – | -$308K | -17,506 | Closed |
|
|
MIA
83
MainStreet Investment Advisors
Chicago,
Illinois
| – | -$174K | -10,408 | Closed |
|
|
FDCDDQ
84
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$60.3K | -3,600 | Closed |
|
|
HI
85
Hoey Investments
Coatesville,
Pennsylvania
| – | -$17K | -1,032 | Closed |
|
86
Citigroup
New York
| – | -$13K | -750 | Closed |
|
|
AAM
87
Advisors Asset Management
Monument,
Colorado
| – | -$2K | -136 | Closed |
|
88
Fidelity Investments
Boston,
Massachusetts
| – | +$35 | +2 | New |
|
PBP Hedge Fund Activity: Q2 2020 in Review
72 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q2 2020, worth a combined $78.4M — down 20% from $97.4M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PBP and 11 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 18 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.47M. The largest seller was Bank of America, cutting an estimated $5.1M.
- 72 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q2 2020, down from 79 in Q1 2020.
- Funds reported $78.4M of Invesco S&P 500 BuyWrite ETF stock for Q2 2020, down 20% quarter-over-quarter.
- 11 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q2 2020 and 16 closed out, a net change of -5 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q2 2020 was Citadel Advisors, an estimated $1.47M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q2 2020 was Bank of America, an estimated $5.1M sold.
Based on aggregated 13F filings for Q2 2020.