Invesco Golden Dragon China ETF
PGJ
42 hedge funds and large institutions have $69.4M invested in Invesco Golden Dragon China ETF in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
88% more capital invested
Capital invested by funds: $36.8M → $69.4M (+$32.6M)
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
14% more funds holding
Funds holding: 37 → 42 (+5)
8.95% more ownership
Funds ownership: 14.9% → 23.85% (+8.9%)
32% less call options, than puts
Call options by funds: $399K | Put options by funds: $583K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$12.7M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$8.92M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.03M |
| 4 |
Goldman Sachs
New York
|
+$4.82M |
| 5 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.3M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.23M |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$436K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$260K |
| 5 |
LPL Financial
San Diego,
California
|
-$235K |
PGJ Hedge Fund Activity: Q3 2014 in Review
42 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco Golden Dragon China ETF (PGJ) for Q3 2014, worth a combined $69.4M — up 88% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PGJ positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Highland Capital Management (Texas), opening a new position worth an estimated $12.7M. The largest seller was Susquehanna International Group, cutting an estimated $2.3M.
- 42 institutional investors held Invesco Golden Dragon China ETF (PGJ) as of Q3 2014, up from 37 in Q2 2014.
- Funds reported $69.4M of Invesco Golden Dragon China ETF stock for Q3 2014, up 88% quarter-over-quarter.
- 9 funds opened new Invesco Golden Dragon China ETF positions in Q3 2014 and 4 closed out, a net change of +5 holders.
- The largest Invesco Golden Dragon China ETF buyer in Q3 2014 was Highland Capital Management (Texas), an estimated $12.7M added.
- The largest Invesco Golden Dragon China ETF seller in Q3 2014 was Susquehanna International Group, an estimated $2.3M sold.
Based on aggregated 13F filings for Q3 2014.