Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
23 hedge funds and large institutions have $59M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 6 closing their positions.
289% more capital invested
Capital invested by funds: $15.2M → $59M (+$43.8M)
44.04% more ownership
Funds ownership: 31.95% → 75.99% (+44%)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 22 → 23 (+1)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$16.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.27M |
| 3 |
Jane Street
New York
|
+$1.19M |
| 4 |
VF
Virtu Financial
New York
|
+$1.02M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.91M |
| 2 |
AssetMark Inc
Concord,
California
|
-$381K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$292K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$286K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$286K | -11,150 | Closed |
|
|
PPA
27
Parametric Portfolio Associates
Seattle,
Washington
| – | -$269K | -10,473 | Closed |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$226K | -8,816 | Closed |
|
|
BF
29
BOK Financial
Tulsa,
Oklahoma
| – | -$48K | -1,890 | Closed |
|
PFIG Hedge Fund Activity: Q4 2017 in Review
23 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q4 2017, worth a combined $59M — up 289% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFIG positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 8 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $16.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.91M sold.
- 23 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q4 2017, up from 22 in Q3 2017.
- Funds reported $59M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q4 2017, up 289% quarter-over-quarter.
- 7 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q4 2017 and 6 closed out, a net change of +1 holder.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q4 2017 was FormulaFolio Investments, an estimated $16.6M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q4 2017 was Susquehanna International Group, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2017.