Invesco International Corporate Bond ETF
PICB
57 hedge funds and large institutions have $63M invested in Invesco International Corporate Bond ETF in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
16% more funds holding
Funds holding: 49 → 57 (+8)
2.14% less ownership
Funds ownership: 40.31% → 38.16% (-2.1%)
9% less capital invested
Capital invested by funds: $69.1M → $63M (-$6.03M)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$1.04M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$405K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
+$296K |
| 4 |
LPL Financial
San Diego,
California
|
+$276K |
| 5 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Checchi Capital Advisers
Beverly Hills,
California
|
-$3.07M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.64M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.7M |
| 4 |
Jane Street
New York
|
-$670K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$648K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Calton & Associates
Tampa,
Florida
| $15K | +$15K | +554 | New |
|
|
WAM
52
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $14K | +$13.9K | +513 | New |
|
|
FAAS
53
First Allied Advisory Services
San Diego,
California
| $6K | +$5.76K | +213 | New |
|
|
FRA
54
Front Row Advisors
Tiburon,
California
| $4K | +$4.24K | +157 | New |
|
|
FMA
55
FNY Managed Accounts
New York
| $2K | -$3.06K | -113 | -57% |
|
|
PAG
56
Private Advisor Group
Morristown,
New Jersey
| – | -$500K | -18,639 | Closed |
|
57
MML Investors Services
Springfield,
Massachusetts
| – | -$369K | -13,634 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$253K | -9,346 | Closed |
|
|
CCM
59
Cribstone Capital Management
Augusta,
Maine
| – | -$24K | -900 | Closed |
|
|
CFA
60
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$324 | +12 | New |
|
PICB Hedge Fund Activity: Q4 2017 in Review
57 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q4 2017, worth a combined $63M — down 8.7% from $69.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PICB positions and 4 closed out — a net gain of 8 holders — while 15 added to existing stakes and 21 trimmed.
The largest buyer was Bluefin Capital Management, adding an estimated $1.04M. The largest seller was Checchi Capital Advisers, cutting an estimated $3.07M.
- 57 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q4 2017, up from 49 in Q3 2017.
- Funds reported $63M of Invesco International Corporate Bond ETF stock for Q4 2017, down 8.7% quarter-over-quarter.
- 12 funds opened new Invesco International Corporate Bond ETF positions in Q4 2017 and 4 closed out, a net change of +8 holders.
- The largest Invesco International Corporate Bond ETF buyer in Q4 2017 was Bluefin Capital Management, an estimated $1.04M added.
- The largest Invesco International Corporate Bond ETF seller in Q4 2017 was Checchi Capital Advisers, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2017.