Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
55 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, 24 increasing their positions, 18 reducing their positions, and 9 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
2.13% less ownership
Funds ownership: 54.63% → 52.49% (-2.1%)
6% less capital invested
Capital invested by funds: $74.7M → $70.4M (-$4.3M)
8% less funds holding
Funds holding: 60 → 55 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.36M |
| 2 |
Morgan Stanley
New York
|
+$959K |
| 3 |
LPL Financial
San Diego,
California
|
+$687K |
| 4 |
Cerity Partners
New York
|
+$450K |
| 5 |
WH
Whitcomb & Hess
Ashland,
Ohio
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.4M |
| 2 |
Jane Street
New York
|
-$2.84M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.17M |
| 4 |
1WM
1900 Wealth Management
San Antonio,
Texas
|
-$1.09M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.05M |
PGHY Hedge Fund Activity: Q1 2024 in Review
55 of the 6,958 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 5.8% from $74.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PGHY and 4 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Baker Avenue Asset Management, opening a new position worth an estimated $4.36M. The largest seller was AE Wealth Management, exiting entirely with an estimated $3.4M sold.
- 55 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 5.8% quarter-over-quarter.
- 4 funds opened new Invesco Global ex-US High Yield Corporate Bond ETF positions in Q1 2024 and 9 closed out, a net change of -5 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 AE Wealth Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q1 2024.