Invesco CEF Income Composite ETF
PCEF
72 hedge funds and large institutions have $186M invested in Invesco CEF Income Composite ETF in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 9 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.54% less ownership
Funds ownership: 29.76% → 27.22% (-2.5%)
5% less funds holding
Funds holding: 76 → 72 (-4)
7% less capital invested
Capital invested by funds: $200M → $186M (-$13.4M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.85M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.28M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1M |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$10.1M |
| 2 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$8.27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.35M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
76
Two Sigma Securities
New York
| – | -$302K | -13,061 | Closed |
|
77
Jane Street
New York
| – | -$210K | -9,092 | Closed |
|
|
VKH
78
Virtu KCG Holdings
New York
| – | -$209K | -9,043 | Closed |
|
|
SSB
79
Sandy Spring Bank
Olney,
Maryland
| – | -$160K | -6,918 | Closed |
|
|
TIM
80
Tortoise Investment Management
White Plains,
New York
| – | -$6K | -265 | Closed |
|
PCEF Hedge Fund Activity: Q2 2017 in Review
72 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q2 2017, worth a combined $186M — down 6.7% from $200M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PCEF and 7 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $5.85M. The largest seller was Commonwealth Equity Services, cutting an estimated $10.1M.
- 72 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q2 2017, down from 76 in Q1 2017.
- Funds reported $186M of Invesco CEF Income Composite ETF stock for Q2 2017, down 6.7% quarter-over-quarter.
- 7 funds opened new Invesco CEF Income Composite ETF positions in Q2 2017 and 9 closed out, a net change of -2 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q2 2017 was Morgan Stanley, an estimated $5.85M added.
- The largest Invesco CEF Income Composite ETF seller in Q2 2017 was Commonwealth Equity Services, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2017.