Invesco CEF Income Composite ETF
PCEF
60 hedge funds and large institutions have $93M invested in Invesco CEF Income Composite ETF in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
81% more capital inflows, than outflows
Capital inflows: $23.1M | Capital outflows: $12.8M
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
11% more funds holding
Funds holding: 54 → 60 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Moore Capital Management
New York
|
+$7.35M |
| 2 |
Cetera Advisor Networks
El Segundo,
California
|
+$4.1M |
| 3 |
Horizon Investments
Charlotte,
North Carolina
|
+$2.65M |
| 4 |
Morgan Stanley
New York
|
+$1.69M |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.92M |
| 2 |
Cahill Financial Advisors
Edina,
Minnesota
|
-$2.45M |
| 3 |
Covington Capital Management
Los Angeles,
California
|
-$2.25M |
| 4 |
Brookstone Capital Management
Wheaton,
Illinois
|
-$1.4M |
| 5 |
Private Advisor Group
Morristown,
New Jersey
|
-$755K |
PCEF Hedge Fund Activity: Q1 2014 in Review
60 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q1 2014, worth a combined $93M — up 14% from $81.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PCEF positions and 4 closed out — a net gain of 7 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $7.35M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $4.92M sold.
- 60 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q1 2014, up from 54 in Q4 2013.
- Funds reported $93M of Invesco CEF Income Composite ETF stock for Q1 2014, up 14% quarter-over-quarter.
- 11 funds opened new Invesco CEF Income Composite ETF positions in Q1 2014 and 4 closed out, a net change of +7 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q1 2014 was Moore Capital Management, an estimated $7.35M added.
- The largest Invesco CEF Income Composite ETF seller in Q1 2014 was Parametric Portfolio Associates, an estimated $4.92M sold.
Based on aggregated 13F filings for Q1 2014.