Invesco International Corporate Bond ETF
PICB
40 hedge funds and large institutions have $65.3M invested in Invesco International Corporate Bond ETF in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 8 closing their positions.
2.69% less ownership
Funds ownership: 46.92% → 44.24% (-2.7%)
6% less capital invested
Capital invested by funds: $69.3M → $65.3M (-$3.99M)
13% less funds holding
Funds holding: 46 → 40 (-6)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBNAT
FirstMerit Bank N.A. Trustee
Akron,
Ohio
|
+$3.26M |
| 2 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
+$1.96M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$989K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$592K |
| 5 |
LPL Financial
San Diego,
California
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$4.09M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.18M |
| 3 |
Jane Street
New York
|
-$1.75M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.5M |
| 5 |
Morgan Stanley
New York
|
-$603K |
PICB Hedge Fund Activity: Q3 2013 in Review
40 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q3 2013, worth a combined $65.3M — down 5.8% from $69.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PICB and 4 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was FirstMerit Bank N.A. Trustee, opening a new position worth an estimated $3.26M. The largest seller was Quantitative Advantage, cutting an estimated $4.09M.
- 40 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q3 2013, down from 46 in Q2 2013.
- Funds reported $65.3M of Invesco International Corporate Bond ETF stock for Q3 2013, down 5.8% quarter-over-quarter.
- 4 funds opened new Invesco International Corporate Bond ETF positions in Q3 2013 and 8 closed out, a net change of -4 holders.
- The largest Invesco International Corporate Bond ETF buyer in Q3 2013 was FirstMerit Bank N.A. Trustee, an estimated $3.26M added.
- The largest Invesco International Corporate Bond ETF seller in Q3 2013 was Quantitative Advantage, an estimated $4.09M sold.
Based on aggregated 13F filings for Q3 2013.