Invesco International Corporate Bond ETF
PICB
46 hedge funds and large institutions have $54.5M invested in Invesco International Corporate Bond ETF in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
18% more funds holding
Funds holding: 39 → 46 (+7)
2.92% less ownership
Funds ownership: 40.01% → 37.09% (-2.9%)
28% less capital invested
Capital invested by funds: $75.6M → $54.5M (-$21.1M)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.76M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.69M |
| 3 |
RCM
Riverhead Capital Management
Wilmington,
Delaware
|
+$1.18M |
| 4 |
CCA
Checchi Capital Advisers
Beverly Hills,
California
|
+$1.02M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$679K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$18.4M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$2.68M |
| 3 |
Morgan Stanley
New York
|
-$1.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.37M |
| 5 |
FC
FCA Corp
Houston,
Texas
|
-$976K |
PICB Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q4 2016, worth a combined $54.5M — down 28% from $75.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PICB positions and 4 closed out — a net gain of 7 holders — while 10 added to existing stakes and 21 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $1.76M. The largest seller was Jane Street, cutting an estimated $18.4M.
- 46 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q4 2016, up from 39 in Q3 2016.
- Funds reported $54.5M of Invesco International Corporate Bond ETF stock for Q4 2016, down 28% quarter-over-quarter.
- 11 funds opened new Invesco International Corporate Bond ETF positions in Q4 2016 and 4 closed out, a net change of +7 holders.
- The largest Invesco International Corporate Bond ETF buyer in Q4 2016 was Manulife (Manufacturers Life Insurance), an estimated $1.76M added.
- The largest Invesco International Corporate Bond ETF seller in Q4 2016 was Jane Street, an estimated $18.4M sold.
Based on aggregated 13F filings for Q4 2016.