Invesco S&P 500 BuyWrite ETF
PBP
57 hedge funds and large institutions have $211M invested in Invesco S&P 500 BuyWrite ETF in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 12 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
14% more capital invested
Capital invested by funds: $185M → $211M (+$25.8M)
5.74% more ownership
Funds ownership: 48.81% → 54.55% (+5.7%)
4% more funds holding
Funds holding: 55 → 57 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$20.5M |
| 2 |
LWA
Lenox Wealth Advisors
New York
|
+$16M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.62M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$12M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.86M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.42M |
| 4 |
Jane Street
New York
|
-$1.01M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$485K |
PBP Hedge Fund Activity: Q4 2014 in Review
57 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q4 2014, worth a combined $211M — up 14% from $185M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBP positions and 12 closed out — a net gain of 3 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $20.5M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $12M sold.
- 57 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q4 2014, up from 55 in Q3 2014.
- Funds reported $211M of Invesco S&P 500 BuyWrite ETF stock for Q4 2014, up 14% quarter-over-quarter.
- 15 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q4 2014 and 12 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q4 2014 was Wells Fargo, an estimated $20.5M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q4 2014 was New York Life Investment Management, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2014.