Invesco Emerging Markets Sovereign Debt ETF
PCY
186 hedge funds and large institutions have $828M invested in Invesco Emerging Markets Sovereign Debt ETF in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 60 increasing their positions, 72 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
11% more capital invested
Capital invested by funds: $748M → $828M (+$79.4M)
3% more funds holding
Funds holding: 181 → 186 (+5)
1.48% more ownership
Funds ownership: 63.7% → 65.18% (+1.5%)
17% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$18.8M |
| 2 |
Man Group
London,
United Kingdom
|
+$6.96M |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$5.75M |
| 4 |
FTA
Financial & Tax Architects
St Louis,
Missouri
|
+$4.8M |
| 5 |
Morgan Stanley
New York
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.5M |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$3.63M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.66M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.93M |
PCY Hedge Fund Activity: Q3 2025 in Review
186 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco Emerging Markets Sovereign Debt ETF (PCY) for Q3 2025, worth a combined $828M — up 11% from $748M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PCY positions and 21 closed out — a net gain of 7 holders — while 60 added to existing stakes and 72 trimmed.
The largest buyer was Bank of America, adding an estimated $18.8M. The largest seller was Jane Street, cutting an estimated $6.46M.
- 186 institutional investors held Invesco Emerging Markets Sovereign Debt ETF (PCY) as of Q3 2025, up from 181 in Q2 2025.
- Funds reported $828M of Invesco Emerging Markets Sovereign Debt ETF stock for Q3 2025, up 11% quarter-over-quarter.
- 28 funds opened new Invesco Emerging Markets Sovereign Debt ETF positions in Q3 2025 and 21 closed out, a net change of +7 holders.
- The largest Invesco Emerging Markets Sovereign Debt ETF buyer in Q3 2025 was Bank of America, an estimated $18.8M added.
- The largest Invesco Emerging Markets Sovereign Debt ETF seller in Q3 2025 was Jane Street, an estimated $6.46M sold.
Based on aggregated 13F filings for Q3 2025.