Invesco International Corporate Bond ETF
PICB
49 hedge funds and large institutions have $84.5M invested in Invesco International Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more capital invested
Capital invested by funds: $65.3M → $84.5M (+$19.2M)
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
23% more funds holding
Funds holding: 40 → 49 (+9)
6.56% more ownership
Funds ownership: 44.24% → 50.79% (+6.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.98M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.34M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.23M |
| 4 |
BOTW
Bank of the West
Monterey Park,
California
|
+$1.21M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$1.5M |
| 2 |
SC
Stratford Consulting
Addison,
Texas
|
-$952K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$727K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$594K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$262K |
PICB Hedge Fund Activity: Q4 2013 in Review
49 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q4 2013, worth a combined $84.5M — up 29% from $65.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PICB positions and 6 closed out — a net gain of 10 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.98M. The largest seller was AssetMark Inc, cutting an estimated $1.5M.
- 49 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q4 2013, up from 40 in Q3 2013.
- Funds reported $84.5M of Invesco International Corporate Bond ETF stock for Q4 2013, up 29% quarter-over-quarter.
- 16 funds opened new Invesco International Corporate Bond ETF positions in Q4 2013 and 6 closed out, a net change of +10 holders.
- The largest Invesco International Corporate Bond ETF buyer in Q4 2013 was Royal Bank of Canada, an estimated $1.98M added.
- The largest Invesco International Corporate Bond ETF seller in Q4 2013 was AssetMark Inc, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2013.