We are live on ! Find out more
PICB icon

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
52
Holders Change
+3
Holders Change %
+6.12%
% of All Funds
1.5%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
23
Reduced
17
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
U
UBS
Switzerland
+$9.6M
2
Wells Fargo
Wells Fargo
California
+$8.19M
3
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$4.61M
4
BAAM
Baker Avenue Asset Management
California
+$3.95M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.53M

Top Sellers

1
Bank of America
Bank of America
North Carolina
-$1.84M
2
SC
Stratford Consulting
Texas
-$1.03M
3
LWI
Long Wharf Investors
Massachusetts
-$850K
4
AA
Advisory Alpha
Michigan
-$602K
5
RCM
Rotella Capital Management
Washington
-$502K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
1
Wells Fargo
California
$16.2M +$8.19M +276,223 +105%
U
2
UBS
Switzerland
$14.3M +$9.6M +323,974 +213%
Bank of America
3
Bank of America
North Carolina
$8.26M -$1.84M -62,022 -18%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$7.54M +$1.53M +51,556 +26%
GC
5
Guggenheim Capital
Illinois
$7.38M +$1.15M +38,758 +19%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$4.67M +$4.61M +155,715 New
AA
7
Advisory Alpha
Michigan
$4.65M -$602K -20,298 -12%
Morgan Stanley
8
Morgan Stanley
New York
$4.35M +$615K +20,764 +17%
BAAM
9
Baker Avenue Asset Management
California
$4M +$3.95M +133,425 New
BJ
10
Brouwer & Janachowski
California
$3.82M -$152K -5,141 -4%
Stifel Financial
11
Stifel Financial
Missouri
$3.53M +$3.49M +117,828 New
FBNAT
12
FirstMerit Bank N.A. Trustee
Ohio
$3.11M -$143K -4,840 -4%
CCA
13
Checchi Capital Advisers
California
$3.03M +$179K +6,040 +6%
First Trust Advisors
14
First Trust Advisors
Illinois
$2.6M +$1.51K +51 +0.1%
PA
15
Parkside Advisors
California
$2.29M +$116K +3,923 +5%
LPL Financial
16
LPL Financial
California
$2.19M +$376K +12,674 +21%
LG
17
Leuthold Group
Minnesota
$2.1M – – –
RG
18
Rathbones Group
United Kingdom
$1.96M -$357K -12,060 -16%
QA
19
Quantitative Advantage
Minnesota
$1.96M -$77.1K -2,602 -4%
Deutsche Bank
20
Deutsche Bank
Germany
$1.87M -$319K -10,756 -15%
LWI
21
Long Wharf Investors
Massachusetts
$1.61M -$850K -28,674 -35%
BA
22
Boston Advisors
Massachusetts
$1.5M -$66.9K -2,256 -4%
HCM
23
Hollencrest Capital Management
California
$1.43M +$296K +9,985 +27%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$1.09M +$122K +4,105 +13%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$870K +$12.9K +435 +2%
1
2 3

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.