Invesco S&P 500 BuyWrite ETF
PBP
46 hedge funds and large institutions have $39.7M invested in Invesco S&P 500 BuyWrite ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 16 closing their positions.
9.76% less ownership
Funds ownership: 51.79% → 42.03% (-9.8%)
22% less funds holding
Funds holding: 59 → 46 (-13)
35% less capital invested
Capital invested by funds: $60.9M → $39.7M (-$21.2M)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
75% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
+$1.51M |
| 2 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$679K |
| 3 |
JWS
Juncture Wealth Strategies
Scottsdale,
Arizona
|
+$526K |
| 4 |
AA
AlphaCentric Advisors
San Juan,
Puerto Rico
|
+$285K |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.05M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.31M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.66M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.65M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.38M |
PBP Hedge Fund Activity: Q1 2023 in Review
46 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 BuyWrite ETF (PBP) for Q1 2023, worth a combined $39.7M — down 35% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PBP and 4 opened new positions — a net loss of 12 holders — while 18 trimmed existing stakes and 10 added.
The largest buyer was Mount Lucas Management, opening a new position worth an estimated $1.51M. The largest seller was Morgan Stanley, cutting an estimated $5.05M.
- 46 institutional investors held Invesco S&P 500 BuyWrite ETF (PBP) as of Q1 2023, down from 59 in Q4 2022.
- Funds reported $39.7M of Invesco S&P 500 BuyWrite ETF stock for Q1 2023, down 35% quarter-over-quarter.
- 4 funds opened new Invesco S&P 500 BuyWrite ETF positions in Q1 2023 and 16 closed out, a net change of -12 holders.
- The largest Invesco S&P 500 BuyWrite ETF buyer in Q1 2023 was Mount Lucas Management, an estimated $1.51M added.
- The largest Invesco S&P 500 BuyWrite ETF seller in Q1 2023 was Morgan Stanley, an estimated $5.05M sold.
Based on aggregated 13F filings for Q1 2023.