Invesco S&P 500 BuyWrite ETF
PBP
79 hedge funds and large institutions have $97.4M invested in Invesco S&P 500 BuyWrite ETF in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
5.26% more ownership
Funds ownership: 47.57% → 52.83% (+5.3%)
1% more funds holding
Funds holding: 78 → 79 (+1)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
27% less capital invested
Capital invested by funds: $134M → $97.4M (-$36.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHGA
Halbert Hargrove Global Advisors
Long Beach,
California
|
+$6.72M |
| 2 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$5.33M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.62M |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$2.74M |
| 5 |
Morgan Stanley
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.07M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.96M |
| 3 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$4.91M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$4.34M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.86M |
PBP Hedge Fund Activity: Q1 2020 in Review
79 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q1 2020, worth a combined $97.4M — down 27% from $134M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PBP positions and 12 closed out — a net gain of 3 holders — while 23 added to existing stakes and 30 trimmed.
The largest buyer was Halbert Hargrove Global Advisors, opening a new position worth an estimated $6.72M. The largest seller was Ameriprise, cutting an estimated $8.07M.
- 79 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q1 2020, up from 78 in Q4 2019.
- Funds reported $97.4M of Invesco S&P 500 BuyWrite ETF stock for Q1 2020, down 27% quarter-over-quarter.
- 15 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q1 2020 was Halbert Hargrove Global Advisors, an estimated $6.72M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q1 2020 was Ameriprise, an estimated $8.07M sold.
Based on aggregated 13F filings for Q1 2020.