Invesco S&P 500 BuyWrite ETF
PBP
68 hedge funds and large institutions have $137M invested in Invesco S&P 500 BuyWrite ETF in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 8 closing their positions.
2% more capital invested
Capital invested by funds: $135M → $137M (+$2.64M)
1.78% less ownership
Funds ownership: 47.36% → 45.58% (-1.8%)
4% less funds holding
Funds holding: 71 → 68 (-3)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.69M |
| 2 |
LWA
Lenox Wealth Advisors
New York
|
+$1.51M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$899K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$898K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$783K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.91M |
| 2 |
Jane Street
New York
|
-$2.69M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.35M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.42M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$998K |
PBP Hedge Fund Activity: Q1 2017 in Review
68 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q1 2017, worth a combined $137M — up 2% from $135M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PBP and 6 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 22 added.
The largest buyer was Raymond James & Associates, adding an estimated $6.69M. The largest seller was Morgan Stanley, cutting an estimated $3.91M.
- 68 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q1 2017, down from 71 in Q4 2016.
- Funds reported $137M of Invesco S&P 500 BuyWrite ETF stock for Q1 2017, up 2% quarter-over-quarter.
- 6 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q1 2017 and 8 closed out, a net change of -2 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q1 2017 was Raymond James & Associates, an estimated $6.69M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q1 2017 was Morgan Stanley, an estimated $3.91M sold.
Based on aggregated 13F filings for Q1 2017.