Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
31 hedge funds and large institutions have $26.3M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 1 closing their positions.
3% less funds holding
Funds holding: 32 → 31 (-1)
5.04% less ownership
Funds ownership: 49.79% → 44.75% (-5%)
16% less capital invested
Capital invested by funds: $31.1M → $26.3M (-$4.86M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.11M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$715K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$247K |
| 4 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$213K |
| 5 |
Bank of New York Mellon
New York
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$3.23M |
| 2 |
Jane Street
New York
|
-$2.49M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$763K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$563K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$183K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
PFGIA
27
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $4K | – | – | – |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $2K | – | – | – |
|
|
LFG
29
Larson Financial Group
St Louis,
Missouri
| $1K | +$301 | +11 | +31% |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$763K | -28,090 | Closed |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$82 | -3 | -14% |
|
PFIG Hedge Fund Activity: Q3 2020 in Review
31 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q3 2020, worth a combined $26.3M — down 16% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PFIG and 0 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 8 added.
The largest buyer was LPL Financial, adding an estimated $1.11M. The largest seller was FormulaFolio Investments, cutting an estimated $3.23M.
- 31 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q3 2020, down from 32 in Q2 2020.
- Funds reported $26.3M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q3 2020, down 16% quarter-over-quarter.
- 0 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q3 2020 and 1 closed out, a net change of -1 holder.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q3 2020 was LPL Financial, an estimated $1.11M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q3 2020 was FormulaFolio Investments, an estimated $3.23M sold.
Based on aggregated 13F filings for Q3 2020.