Invesco Emerging Markets Sovereign Debt ETF
PCY
120 hedge funds and large institutions have $1.17B invested in Invesco Emerging Markets Sovereign Debt ETF in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 24 closing their positions.
15% more capital invested
Capital invested by funds: $1.02B → $1.17B (+$151M)
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
14.52% more ownership
Funds ownership: 51.43% → 65.95% (+15%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 128 → 120 (-8)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
BlackRock Group
London,
United Kingdom
|
+$68.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$23.8M |
| 3 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$21.9M |
| 4 |
JP Morgan Chase
New York
|
+$18.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$34.1M |
| 2 |
Morgan Stanley
New York
|
-$8.95M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$8.31M |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
-$7.94M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$5.74M |
PCY Hedge Fund Activity: Q3 2013 in Review
120 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco Emerging Markets Sovereign Debt ETF (PCY) for Q3 2013, worth a combined $1.17B — up 15% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PCY and 17 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 47 added.
The largest buyer was BlackRock Group, adding an estimated $68.6M. The largest seller was Bank of America, cutting an estimated $34.1M.
- 120 institutional investors held Invesco Emerging Markets Sovereign Debt ETF (PCY) as of Q3 2013, down from 128 in Q2 2013.
- Funds reported $1.17B of Invesco Emerging Markets Sovereign Debt ETF stock for Q3 2013, up 15% quarter-over-quarter.
- 17 funds opened new Invesco Emerging Markets Sovereign Debt ETF positions in Q3 2013 and 24 closed out, a net change of -7 holders.
- The largest Invesco Emerging Markets Sovereign Debt ETF buyer in Q3 2013 was BlackRock Group, an estimated $68.6M added.
- The largest Invesco Emerging Markets Sovereign Debt ETF seller in Q3 2013 was Bank of America, an estimated $34.1M sold.
Based on aggregated 13F filings for Q3 2013.