Invesco CEF Income Composite ETF
PCEF
74 hedge funds and large institutions have $199M invested in Invesco CEF Income Composite ETF in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 32 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.01% less ownership
Funds ownership: 34.67% → 32.65% (-2%)
7% less capital invested
Capital invested by funds: $214M → $199M (-$14.8M)
11% less funds holding
Funds holding: 83 → 74 (-9)
44% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 32
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGH
Cleary Gull Holdings
Milwaukee,
Wisconsin
|
+$10.1M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$4.45M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.72M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$1.21M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$858K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.23M |
| 3 |
Morgan Stanley
New York
|
-$2.46M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.42M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.36M |
PCEF Hedge Fund Activity: Q1 2016 in Review
74 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco CEF Income Composite ETF (PCEF) for Q1 2016, worth a combined $199M — down 6.9% from $214M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PCEF and 8 opened new positions — a net loss of 9 holders — while 32 trimmed existing stakes and 18 added.
The largest buyer was Cleary Gull Holdings, adding an estimated $10.1M. The largest seller was Parametric Portfolio Associates, cutting an estimated $16M.
- 74 institutional investors held Invesco CEF Income Composite ETF (PCEF) as of Q1 2016, down from 83 in Q4 2015.
- Funds reported $199M of Invesco CEF Income Composite ETF stock for Q1 2016, down 6.9% quarter-over-quarter.
- 8 funds opened new Invesco CEF Income Composite ETF positions in Q1 2016 and 17 closed out, a net change of -9 holders.
- The largest Invesco CEF Income Composite ETF buyer in Q1 2016 was Cleary Gull Holdings, an estimated $10.1M added.
- The largest Invesco CEF Income Composite ETF seller in Q1 2016 was Parametric Portfolio Associates, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2016.