Invesco Emerging Markets Sovereign Debt ETF
192 hedge funds and large institutions have $1.1B invested in Invesco Emerging Markets Sovereign Debt ETF in 2026 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 79 reducing their positions, and 31 closing their positions.
27% more capital invested
Capital invested by funds: $864M → $1.1B (+$231M)
13.09% more ownership
Funds ownership: 66.06% → 79.14% (+13%)
8% less funds holding
Funds holding: 208 → 192 (-16)
19% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 79
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$98.3M |
| 2 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$86.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$50.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$22M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTA
Financial & Tax Architects
St Louis,
Missouri
|
-$8.91M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.34M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.65M |
| 4 |
Goldman Sachs
New York
|
-$3.86M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$3.35M |
PCY Hedge Fund Activity: Q1 2026 in Review
192 institutional investors reported a position in Invesco Emerging Markets Sovereign Debt ETF (PCY) for Q1 2026, worth a combined $1.1B — up 27% from $864M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PCY and 19 opened new positions — a net loss of 12 holders — while 79 trimmed existing stakes and 64 added.
The largest buyer was UBS Group, adding an estimated $98.3M. The largest seller was Financial & Tax Architects, cutting an estimated $8.91M.
- 192 institutional investors held Invesco Emerging Markets Sovereign Debt ETF (PCY) as of Q1 2026, down from 208 in Q4 2025.
- Funds reported $1.1B of Invesco Emerging Markets Sovereign Debt ETF stock for Q1 2026, up 27% quarter-over-quarter.
- 19 funds opened new Invesco Emerging Markets Sovereign Debt ETF positions in Q1 2026 and 31 closed out, a net change of -12 holders.
- The largest Invesco Emerging Markets Sovereign Debt ETF buyer in Q1 2026 was UBS Group, an estimated $98.3M added.
- The largest Invesco Emerging Markets Sovereign Debt ETF seller in Q1 2026 was Financial & Tax Architects, an estimated $8.91M sold.
Based on aggregated 13F filings for Q1 2026.