Invesco CEF Income Composite ETF
PCEF
77 hedge funds and large institutions have $185M invested in Invesco CEF Income Composite ETF in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
5% more funds holding
Funds holding: 73 → 77 (+4)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.54% less ownership
Funds ownership: 30.43% → 28.88% (-1.5%)
8% less capital invested
Capital invested by funds: $200M → $185M (-$15.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.21M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.55M |
| 3 |
JP Morgan Chase
New York
|
+$785K |
| 4 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$764K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.73M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.68M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.89M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.85M |
| 5 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$1.52M |
PCEF Hedge Fund Activity: Q4 2016 in Review
77 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q4 2016, worth a combined $185M — down 7.8% from $200M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PCEF positions and 10 closed out — a net gain of 6 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.21M. The largest seller was Bank of America, cutting an estimated $7.73M.
- 77 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q4 2016, up from 73 in Q3 2016.
- Funds reported $185M of Invesco CEF Income Composite ETF stock for Q4 2016, down 7.8% quarter-over-quarter.
- 16 funds opened new Invesco CEF Income Composite ETF positions in Q4 2016 and 10 closed out, a net change of +6 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q4 2016 was Royal Bank of Canada, an estimated $2.21M added.
- The largest Invesco CEF Income Composite ETF seller in Q4 2016 was Bank of America, an estimated $7.73M sold.
Based on aggregated 13F filings for Q4 2016.