Invesco International Corporate Bond ETF
PICB
52 hedge funds and large institutions have $115M invested in Invesco International Corporate Bond ETF in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
36% more capital invested
Capital invested by funds: $84.5M → $115M (+$30.3M)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
6% more funds holding
Funds holding: 49 → 52 (+3)
4.7% more ownership
Funds ownership: 50.79% → 55.49% (+4.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
U
UBS
Zurich,
Switzerland
|
+$9.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.19M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.61M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$3.95M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.53M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
51
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | -$34.7K | -1,171 | -94% |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $30 | – | – | – |
|
|
SC
53
Stratford Consulting
Addison,
Texas
| – | -$1.03M | -34,942 | Closed |
|
|
RCM
54
Rotella Capital Management
Bellevue,
Washington
| – | -$502K | -17,000 | Closed |
|
|
FFS
55
Founders Financial Securities
Towson,
Maryland
| – | -$406K | -13,754 | Closed |
|
|
WA
56
WFG Advisors
Dallas,
Texas
| – | -$10K | -330 | Closed |
|
PICB Hedge Fund Activity: Q1 2014 in Review
52 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q1 2014, worth a combined $115M — up 36% from $84.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PICB positions and 4 closed out — a net gain of 3 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was UBS, adding an estimated $9.6M. The largest seller was Bank of America, cutting an estimated $1.84M.
- 52 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q1 2014, up from 49 in Q4 2013.
- Funds reported $115M of Invesco International Corporate Bond ETF stock for Q1 2014, up 36% quarter-over-quarter.
- 7 funds opened new Invesco International Corporate Bond ETF positions in Q1 2014 and 4 closed out, a net change of +3 holders.
- The largest Invesco International Corporate Bond ETF buyer in Q1 2014 was UBS, an estimated $9.6M added.
- The largest Invesco International Corporate Bond ETF seller in Q1 2014 was Bank of America, an estimated $1.84M sold.
Based on aggregated 13F filings for Q1 2014.