Invesco Emerging Markets Sovereign Debt ETF
208 hedge funds and large institutions have $864M invested in Invesco Emerging Markets Sovereign Debt ETF in 2025 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 73 increasing their positions, 70 reducing their positions, and 13 closing their positions.
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
12% more funds holding
Funds holding: 186 → 208 (+22)
4% more capital invested
Capital invested by funds: $828M → $864M (+$36.6M)
4% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 70
0.88% more ownership
Funds ownership: 65.18% → 66.06% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10.1M |
| 3 |
FTA
Financial & Tax Architects
St Louis,
Missouri
|
+$9.04M |
| 4 |
BlackRock
New York
|
+$7.48M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$7.05M |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$5.94M |
| 3 |
Morgan Stanley
New York
|
-$5.49M |
| 4 |
IA
Integrity Alliance
Urbandale,
Iowa
|
-$3.36M |
| 5 |
Wealthfront Advisers
Palo Alto,
California
|
-$3.09M |
PCY Hedge Fund Activity: Q4 2025 in Review
208 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Invesco Emerging Markets Sovereign Debt ETF (PCY) for Q4 2025, worth a combined $864M — up 4.4% from $828M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PCY positions and 13 closed out — a net gain of 22 holders — while 73 added to existing stakes and 70 trimmed.
The largest buyer was Invesco, adding an estimated $11.3M. The largest seller was Citigroup, cutting an estimated $7.05M.
- 208 institutional investors held Invesco Emerging Markets Sovereign Debt ETF (PCY) as of Q4 2025, up from 186 in Q3 2025.
- Funds reported $864M of Invesco Emerging Markets Sovereign Debt ETF stock for Q4 2025, up 4.4% quarter-over-quarter.
- 35 funds opened new Invesco Emerging Markets Sovereign Debt ETF positions in Q4 2025 and 13 closed out, a net change of +22 holders.
- The largest Invesco Emerging Markets Sovereign Debt ETF buyer in Q4 2025 was Invesco, an estimated $11.3M added.
- The largest Invesco Emerging Markets Sovereign Debt ETF seller in Q4 2025 was Citigroup, an estimated $7.05M sold.
Based on aggregated 13F filings for Q4 2025.