Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
55 hedge funds and large institutions have $76M invested in Invesco Global ex-US High Yield Corporate Bond ETF in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 9 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
2.37% less ownership
Funds ownership: 42.64% → 40.27% (-2.4%)
7% less capital invested
Capital invested by funds: $81.3M → $76M (-$5.36M)
7% less funds holding
Funds holding: 59 → 55 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
+$645K |
| 2 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
+$267K |
| 3 |
H
HoyleCohen
San Diego,
California
|
+$202K |
| 4 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$202K |
| 5 |
MFS
Madrona Financial Services
Everett,
Washington
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6M
6 Meridian
Wichita,
Kansas
|
-$3.5M |
| 2 |
Jane Street
New York
|
-$2.56M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.43M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$575K |
| 5 |
EFSCE
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
|
-$530K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| $8K | -$15.2K | -736 | -66% |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | – | – | – |
|
|
HI
53
Hudock Inc
Williamsport,
Pennsylvania
| $2K | – | – | – |
|
|
OPS
54
Orion Portfolio Solutions
Omaha,
Nebraska
| $2K | – | – | – |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$479K | -24,252 | Closed |
|
|
CAN
56
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$405K | -20,482 | Closed |
|
|
RJA
57
Raymond James & Associates
St Petersburg,
Florida
| – | -$230K | -11,657 | Closed |
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$219K | -11,055 | Closed |
|
|
FGAM
59
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$197K | -9,981 | Closed |
|
|
AF
60
Advisornet Financial
Minnetonka,
Minnesota
| – | -$51K | -2,460 | Closed |
|
|
PIA
61
Powell Investment Advisors
Miami,
Florida
| – | -$28K | -1,415 | Closed |
|
|
WAP
62
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$12K | -587 | Closed |
|
63
US Bancorp
Minneapolis,
Minnesota
| – | -$8K | -382 | Closed |
|
PGHY Hedge Fund Activity: Q2 2020 in Review
55 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) for Q2 2020, worth a combined $76M — down 6.6% from $81.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PGHY and 5 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was PFS Investments, adding an estimated $645K. The largest seller was 6 Meridian, cutting an estimated $3.5M.
- 55 institutional investors held Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) as of Q2 2020, down from 59 in Q1 2020.
- Funds reported $76M of Invesco Global ex-US High Yield Corporate Bond ETF stock for Q2 2020, down 6.6% quarter-over-quarter.
- 5 funds opened new Invesco Global ex-US High Yield Corporate Bond ETF positions in Q2 2020 and 9 closed out, a net change of -4 holders.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF buyer in Q2 2020 was PFS Investments, an estimated $645K added.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF seller in Q2 2020 was 6 Meridian, an estimated $3.5M sold.
Based on aggregated 13F filings for Q2 2020.