Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
23 hedge funds and large institutions have $67.5M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 6 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
14% more capital invested
Capital invested by funds: $59M → $67.5M (+$8.47M)
0% more funds holding
Funds holding: 23 → 23 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
11.93% less ownership
Funds ownership: 75.99% → 64.06% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
+$13.2M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$2.46M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$525K |
| 4 |
Bank of New York Mellon
New York
|
+$315K |
| 5 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.87M |
| 2 |
AssetMark Inc
Concord,
California
|
-$1.78M |
| 3 |
Jane Street
New York
|
-$1.6M |
| 4 |
VF
Virtu Financial
New York
|
-$1.02M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$337K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$1.02M | -39,935 | Closed |
|
|
27
Ameriprise
Minneapolis,
Minnesota
| – | -$337K | -13,160 | Closed |
|
|
CFA
28
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$86.4K | -3,437 | -99% |
|
|
FAAS
29
First Allied Advisory Services
San Diego,
California
| – | -$15K | -578 | Closed |
|
PFIG Hedge Fund Activity: Q1 2018 in Review
23 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q1 2018, worth a combined $67.5M — up 14% from $59M a quarter earlier.
Fund positioning in PFIG was balanced in Q1 2018: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 5 trimmed.
The largest buyer was PFS Investments, adding an estimated $13.2M. The largest seller was Hilltop Holdings, exiting entirely with an estimated $1.87M sold.
- 23 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $67.5M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q1 2018, up 14% quarter-over-quarter.
- 6 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q1 2018 and 6 closed out, a net change of 0 holders.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q1 2018 was PFS Investments, an estimated $13.2M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q1 2018 was Hilltop Holdings, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2018.