Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
56 hedge funds and large institutions have $70.4M invested in Invesco Global ex-US High Yield Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 8 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
5.57% less ownership
Funds ownership: 58.06% → 52.5% (-5.6%)
7% less funds holding
Funds holding: 60 → 56 (-4)
11% less capital invested
Capital invested by funds: $79.4M → $70.4M (-$9M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.36M |
| 2 |
LPL Financial
San Diego,
California
|
+$687K |
| 3 |
Cerity Partners
New York
|
+$450K |
| 4 |
WH
Whitcomb & Hess
Ashland,
Ohio
|
+$420K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.76M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.4M |
| 3 |
Jane Street
New York
|
-$2.84M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.17M |
| 5 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
-$1.09M |
PGHY Hedge Fund Activity: Q1 2024 in Review
56 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) for Q1 2024, worth a combined $70.4M — down 11% from $79.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGHY and 4 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Baker Avenue Asset Management, opening a new position worth an estimated $4.36M. The largest seller was Morgan Stanley, cutting an estimated $3.76M.
- 56 institutional investors held Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) as of Q1 2024, down from 60 in Q4 2023.
- Funds reported $70.4M of Invesco Global ex-US High Yield Corporate Bond ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 4 funds opened new Invesco Global ex-US High Yield Corporate Bond ETF positions in Q1 2024 and 8 closed out, a net change of -4 holders.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF buyer in Q1 2024 was Baker Avenue Asset Management, an estimated $4.36M added.
- The largest Invesco Global ex-US High Yield Corporate Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2024.