Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
34 hedge funds and large institutions have $119M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
42% more capital invested
Capital invested by funds: $84M → $119M (+$35.5M)
17% more funds holding
Funds holding: 29 → 34 (+5)
8.44% more ownership
Funds ownership: 68.2% → 76.64% (+8.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$20.2M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
+$7.57M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.88M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.09M |
| 5 |
Bank of New York Mellon
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| 2 |
Jane Street
New York
|
-$388K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$130K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$81.2K |
| 5 |
LPL Financial
San Diego,
California
|
-$35.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $14K | +$1.67K | +67 | +14% |
|
|
FHA
27
Flagship Harbor Advisors
Boston,
Massachusetts
| $12K | – | – | – |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $12K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | +$6.95K | +278 | +199% |
|
|
AA
30
Advisory Alpha
Holland,
Michigan
| $6.04K | +$5.95K | +238 | New |
|
|
OSNBOA
31
Old Second National Bank of Aurora
Aurora,
Illinois
| $6K | – | – | – |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$17K | -670 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$12K | -497 | Closed |
|
|
CFA
35
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$50 | -2 | -8% |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$75 | +3 | New |
|
PFIG Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q1 2019, worth a combined $119M — up 42% from $84M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PFIG positions and 2 closed out — a net gain of 5 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was FormulaFolio Investments, adding an estimated $20.2M. The largest seller was Susquehanna International Group, cutting an estimated $1.14M.
- 34 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q1 2019, up from 29 in Q4 2018.
- Funds reported $119M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q1 2019, up 42% quarter-over-quarter.
- 7 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q1 2019 and 2 closed out, a net change of +5 holders.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q1 2019 was FormulaFolio Investments, an estimated $20.2M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q1 2019 was Susquehanna International Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2019.