Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
12 hedge funds and large institutions have $12.5M invested in Invesco Fundamental Investment Grade Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
36% more capital invested
Capital invested by funds: $9.21M → $12.5M (+$3.27M)
8.56% more ownership
Funds ownership: 27.35% → 35.91% (+8.6%)
14% less funds holding
Funds holding: 14 → 12 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.71M |
| 2 |
Jane Street
New York
|
+$2.51M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$982K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$307K |
| 5 |
AssetMark Inc
Concord,
California
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.87M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$375K |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$274K |
| 4 |
Citigroup
New York
|
-$44K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$25K |
PFIG Hedge Fund Activity: Q4 2013 in Review
12 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) for Q4 2013, worth a combined $12.5M — up 36% from $9.21M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PFIG and 5 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $5.71M. The largest seller was Bank of America, exiting entirely with an estimated $2.87M sold.
- 12 institutional investors held Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) as of Q4 2013, down from 14 in Q3 2013.
- Funds reported $12.5M of Invesco Fundamental Investment Grade Corporate Bond ETF stock for Q4 2013, up 36% quarter-over-quarter.
- 5 funds opened new Invesco Fundamental Investment Grade Corporate Bond ETF positions in Q4 2013 and 6 closed out, a net change of -1 holder.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF buyer in Q4 2013 was Susquehanna International Group, an estimated $5.71M added.
- The largest Invesco Fundamental Investment Grade Corporate Bond ETF seller in Q4 2013 was Bank of America, an estimated $2.87M sold.
Based on aggregated 13F filings for Q4 2013.