Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
35 hedge funds and large institutions have $28.3M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
6% more funds holding
Funds holding: 33 → 35 (+2)
4.05% less ownership
Funds ownership: 49.5% → 45.45% (-4.1%)
36% less capital invested
Capital invested by funds: $44.2M → $28.3M (-$15.9M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.09M |
| 2 |
Jane Street
New York
|
+$1.68M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$945K |
| 4 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$384K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$15.3M |
| 2 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$4.11M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.26M |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$616K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
Flagship Harbor Advisors
Boston,
Massachusetts
| $13K | – | – | – |
|
|
LFG
27
LifePlan Financial Group
Dayton,
Ohio
| $12K | -$12.1K | -463 | -49% |
|
|
DWM
28
Darwin Wealth Management
Tampa,
Florida
| $11K | +$11.8K | +452 | New |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
PFGIA
30
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $4K | +$3.65K | +140 | New |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | – | – | – |
|
|
GI
32
Gradient Investments
Arden Hills,
Minnesota
| $2K | +$2.19K | +84 | New |
|
|
LFG
33
Larson Financial Group
St Louis,
Missouri
| $1K | -$26 | -1 | -3% |
|
|
ACM
34
AlphaStar Capital Management
Cornelius,
North Carolina
| – | -$4.11M | -156,490 | Closed |
|
|
AFP
35
Ausdal Financial Partners
Davenport,
Iowa
| – | -$616K | -23,241 | Closed |
|
|
TIA
36
Traphagen Investment Advisors
Oradell,
New Jersey
| – | -$313K | -11,921 | Closed |
|
37
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$309K | -11,772 | Closed |
|
PFIG Hedge Fund Activity: Q1 2020 in Review
35 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q1 2020, worth a combined $28.3M — down 36% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PFIG positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.09M. The largest seller was FormulaFolio Investments, cutting an estimated $15.3M.
- 35 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q1 2020, up from 33 in Q4 2019.
- Funds reported $28.3M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q1 2020, down 36% quarter-over-quarter.
- 8 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q1 2020 and 4 closed out, a net change of +4 holders.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $4.09M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q1 2020 was FormulaFolio Investments, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2020.