Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
12 hedge funds and large institutions have $10M invested in Invesco Global ex-US High Yield Corporate Bond ETF in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
9.98% less ownership
Funds ownership: 43.61% → 33.62% (-10%)
13% less capital invested
Capital invested by funds: $11.4M → $10M (-$1.43M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$462K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$267K |
| 3 |
Morgan Stanley
New York
|
+$236K |
| 4 |
Axa
Paris,
France
|
+$61.1K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$7.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$1.12M |
| 2 |
Jane Street
New York
|
-$520K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$433K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$187K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$49.9K |
PGHY Hedge Fund Activity: Q1 2014 in Review
12 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) for Q1 2014, worth a combined $10M — down 13% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PGHY and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, adding an estimated $462K. The largest seller was Bluefin Capital Management, cutting an estimated $1.12M.
- 12 institutional investors held Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) as of Q1 2014, down from 13 in Q4 2013.
- Funds reported $10M of Invesco Global ex-US High Yield Corporate Bond ETF stock for Q1 2014, down 13% quarter-over-quarter.
- 1 fund opened new Invesco Global ex-US High Yield Corporate Bond ETF positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF buyer in Q1 2014 was LPL Financial, an estimated $462K added.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF seller in Q1 2014 was Bluefin Capital Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2014.