Invesco Water Resources ETF
PHO
187 hedge funds and large institutions have $317M invested in Invesco Water Resources ETF in 2019 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 25 increasing their positions, 47 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
50% more capital invested
Capital invested by funds: $211M → $317M (+$106M)
11% more funds holding
Funds holding: 169 → 187 (+18)
4.96% more ownership
Funds ownership: 28.34% → 33.3% (+5%)
47% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$27.1M |
| 2 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$15M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$6.6M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$4.47M |
| 5 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.94M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.07M |
| 3 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$1.69M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.68M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$1.02M |
PHO Hedge Fund Activity: Q1 2019 in Review
187 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Invesco Water Resources ETF (PHO) for Q1 2019, worth a combined $317M — up 50% from $211M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PHO positions and 11 closed out — a net gain of 21 holders — while 25 added to existing stakes and 47 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $27.1M. The largest seller was Citadel Advisors, cutting an estimated $2.94M.
- 187 institutional investors held Invesco Water Resources ETF (PHO) as of Q1 2019, up from 169 in Q4 2018.
- Funds reported $317M of Invesco Water Resources ETF stock for Q1 2019, up 50% quarter-over-quarter.
- 32 funds opened new Invesco Water Resources ETF positions in Q1 2019 and 11 closed out, a net change of +21 holders.
- The largest Invesco Water Resources ETF buyer in Q1 2019 was Horizon Investments, an estimated $27.1M added.
- The largest Invesco Water Resources ETF seller in Q1 2019 was Citadel Advisors, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2019.