Invesco CEF Income Composite ETF
PCEF
70 hedge funds and large institutions have $182M invested in Invesco CEF Income Composite ETF in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 29 reducing their positions, and 18 closing their positions.
2.15% more ownership
Funds ownership: 28.49% → 30.64% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $189M → $182M (-$7.5M)
14% less funds holding
Funds holding: 81 → 70 (-11)
45% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 29
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$10.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.7M |
| 3 |
CGH
Cleary Gull Holdings
Milwaukee,
Wisconsin
|
+$2.04M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.84M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.46M |
| 2 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$2.66M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.36M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$1.66M |
| 5 |
Jane Street
New York
|
-$1.54M |
PCEF Hedge Fund Activity: Q3 2015 in Review
70 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q3 2015, worth a combined $182M — down 4% from $189M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PCEF and 8 opened new positions — a net loss of 10 holders — while 29 trimmed existing stakes and 16 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $10.6M. The largest seller was Morgan Stanley, cutting an estimated $3.46M.
- 70 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q3 2015, down from 81 in Q2 2015.
- Funds reported $182M of Invesco CEF Income Composite ETF stock for Q3 2015, down 4% quarter-over-quarter.
- 8 funds opened new Invesco CEF Income Composite ETF positions in Q3 2015 and 18 closed out, a net change of -10 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q3 2015 was Parametric Portfolio Associates, an estimated $10.6M added.
- The largest Invesco CEF Income Composite ETF seller in Q3 2015 was Morgan Stanley, an estimated $3.46M sold.
Based on aggregated 13F filings for Q3 2015.