Invesco CEF Income Composite ETF
PCEF
71 hedge funds and large institutions have $191M invested in Invesco CEF Income Composite ETF in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 10 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
2% more capital invested
Capital invested by funds: $186M → $191M (+$4.43M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.03% less ownership
Funds ownership: 27.22% → 27.19% (-0.03%)
1% less funds holding
Funds holding: 72 → 71 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$5.72M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.1M |
| 3 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$1.1M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$987K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.05M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.62M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.34M |
| 4 |
CAM
Cypress Asset Management
Houston,
Texas
|
-$1.09M |
| 5 |
AHC
Adell Harriman & Carpenter
Houston,
Texas
|
-$991K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Stifel Financial
St. Louis,
Missouri
| – | -$242K | -10,307 | Closed |
|
|
PSUF
77
People's United Financial
Bridgeport,
Connecticut
| – | -$53K | -2,231 | Closed |
|
|
DADC
78
D.A. Davidson & Co
Great Falls,
Montana
| – | -$37K | -1,565 | Closed |
|
79
Creative Planning
Overland Park,
Kansas
| – | -$12K | -507 | Closed |
|
|
NA
80
NewEdge Advisors
New Orleans,
Louisiana
| – | -$9.96K | -420 | Closed |
|
PCEF Hedge Fund Activity: Q3 2017 in Review
71 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q3 2017, worth a combined $191M — up 2.4% from $186M a quarter earlier.
Fund positioning in PCEF was balanced in Q3 2017: 10 funds opened new positions, 10 closed out, 23 added to existing stakes and 21 trimmed.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $5.72M. The largest seller was Baird Financial Group, exiting entirely with an estimated $6.05M sold.
- 71 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q3 2017, down from 72 in Q2 2017.
- Funds reported $191M of Invesco CEF Income Composite ETF stock for Q3 2017, up 2.4% quarter-over-quarter.
- 10 funds opened new Invesco CEF Income Composite ETF positions in Q3 2017 and 10 closed out, a net change of 0 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q3 2017 was Janney Capital Management, an estimated $5.72M added.
- The largest Invesco CEF Income Composite ETF seller in Q3 2017 was Baird Financial Group, an estimated $6.05M sold.
Based on aggregated 13F filings for Q3 2017.