Invesco CEF Income Composite ETF
PCEF
54 hedge funds and large institutions have $81.3M invested in Invesco CEF Income Composite ETF in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
20% more funds holding
Funds holding: 45 → 54 (+9)
18% more capital invested
Capital invested by funds: $69.1M → $81.3M (+$12.2M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
1.44% more ownership
Funds ownership: 15.28% → 16.72% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.86M |
| 2 |
Morgan Stanley
New York
|
+$3.97M |
| 3 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$2.22M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$406K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.24M |
| 3 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$1.66M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.41M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.17M |
PCEF Hedge Fund Activity: Q4 2013 in Review
54 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q4 2013, worth a combined $81.3M — up 18% from $69.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PCEF positions and 5 closed out — a net gain of 10 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $4.86M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $2.6M sold.
- 54 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q4 2013, up from 45 in Q3 2013.
- Funds reported $81.3M of Invesco CEF Income Composite ETF stock for Q4 2013, up 18% quarter-over-quarter.
- 15 funds opened new Invesco CEF Income Composite ETF positions in Q4 2013 and 5 closed out, a net change of +10 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q4 2013 was Parametric Portfolio Associates, an estimated $4.86M added.
- The largest Invesco CEF Income Composite ETF seller in Q4 2013 was JP Morgan Chase, an estimated $2.6M sold.
Based on aggregated 13F filings for Q4 2013.