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Invesco Fundamental Investment Grade Corporate Bond ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 1412 (-2)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

Holders
12
Holders Change
-2
Holders Change %
-14.29%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
4
Reduced
2
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$5.68M +$5.71M +228,677 New
Jane Street
2
Jane Street
New York
$3.37M +$2.51M +100,568 +286%
SAM
3
Stringer Asset Management
Tennessee
$1.75M +$1.76M +70,549 New
HighTower Advisors
4
HighTower Advisors
Illinois
$977K +$982K +39,348 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$341K +$307K +12,300 +839%
AssetMark Inc
6
AssetMark Inc
California
$241K +$226K +9,041 +1,332%
U
7
UBS
Switzerland
$40K -$20.9K -836 -34%
Wells Fargo
8
Wells Fargo
California
$34K +$8.73K +350 +35%
Morgan Stanley
9
Morgan Stanley
New York
$17K +$17.5K +700 New
AIG
10
American International Group
New York
$13.9K
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$13K -$4.14K -166 -24%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$5K +$4.97K +199 New
Bank of America
13
Bank of America
North Carolina
-$2.87M -114,923 Closed
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
-$375K -15,024 Closed
LPT
15
Legacy Private Trust
Wisconsin
-$274K -11,000 Closed
Citigroup
16
Citigroup
New York
-$44K -1,744 Closed
Ameriprise
17
Ameriprise
Minnesota
-$25K -1,000 Closed
TRCT
18
Tower Research Capital (TRC)
New York
-$22K -881 Closed

PFIG Hedge Fund Activity: Q4 2013 in Review

12 of the 3,446 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.