Invesco Emerging Markets Sovereign Debt ETF
236 hedge funds and large institutions have $2.73B invested in Invesco Emerging Markets Sovereign Debt ETF in 2018 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 50 increasing their positions, 94 reducing their positions, and 40 closing their positions.
58% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 40
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more funds holding
Funds holding: 217 → 236 (+19)
1.34% more ownership
Funds ownership: 74.5% → 75.84% (+1.3%)
10% less capital invested
Capital invested by funds: $3.04B → $2.73B (-$313M)
47% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$42.7M |
| 2 |
Morgan Stanley
New York
|
+$10.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.76M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.98M |
| 5 |
VCM
Versant Capital Management
Phoenix,
Arizona
|
+$7.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$143M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$54.4M |
| 3 |
Jane Street
New York
|
-$30.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.54M |
PCY Hedge Fund Activity: Q4 2018 in Review
236 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Emerging Markets Sovereign Debt ETF (PCY) for Q4 2018, worth a combined $2.73B — down 10% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new PCY positions and 40 closed out — a net gain of 23 holders — while 50 added to existing stakes and 94 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $42.7M. The largest seller was Bank of America, cutting an estimated $143M.
- 236 institutional investors held Invesco Emerging Markets Sovereign Debt ETF (PCY) as of Q4 2018, up from 217 in Q3 2018.
- Funds reported $2.73B of Invesco Emerging Markets Sovereign Debt ETF stock for Q4 2018, down 10% quarter-over-quarter.
- 63 funds opened new Invesco Emerging Markets Sovereign Debt ETF positions in Q4 2018 and 40 closed out, a net change of +23 holders.
- The largest Invesco Emerging Markets Sovereign Debt ETF buyer in Q4 2018 was Flow Traders U.S., an estimated $42.7M added.
- The largest Invesco Emerging Markets Sovereign Debt ETF seller in Q4 2018 was Bank of America, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2018.