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Invesco International Corporate Bond ETF

41 hedge funds and large institutions have $88.8M invested in Invesco International Corporate Bond ETF in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8.22% less ownership

Funds ownership: 49.23%41.02% (-8.2%)

21% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 19

23% less funds holding

Funds holding: 5341 (-12)

29% less capital invested

Capital invested by funds: $125M → $88.8M (-$35.8M)

79% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 14

Holders
41
Holders Change
-12
Holders Change %
-22.64%
% of All Funds
1.09%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
15
Reduced
19
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$12.8M -$2.99M -109,525 -18%
GC
2
Guggenheim Capital
Illinois
$12.2M +$149K +5,449 +1%
Bank of America
3
Bank of America
North Carolina
$10.6M +$1.46M +53,525 +15%
BCM
4
Bluefin Capital Management
New York
$4.82M +$4.96M +182,146 New
Stifel Financial
5
Stifel Financial
Missouri
$4.44M +$388K +14,236 +9%
CCA
6
Checchi Capital Advisers
California
$4.4M +$670K +24,583 +17%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$4.3M -$17.5M -640,958 -80%
FBNAT
8
FirstMerit Bank N.A. Trustee
Ohio
$3.45M +$21.7K +796 +0.6%
HCM
9
Hollencrest Capital Management
California
$3.34M +$46.9K +1,720 +1%
Wells Fargo
10
Wells Fargo
California
$3.15M -$3.96M -145,274 -55%
Morgan Stanley
11
Morgan Stanley
New York
$2.3M -$180K -6,606 -7%
AA
12
Advisory Alpha
Michigan
$2.27M -$1.61M -58,989 -41%
First Trust Advisors
13
First Trust Advisors
Illinois
$2.23M -$56.9K -2,088 -2%
RG
14
Rathbones Group
United Kingdom
$1.97M +$92.5K +3,395 +5%
VFS
15
VSR Financial Services
Kansas
$1.9M +$181K +6,634 +10%
LG
16
Leuthold Group
Minnesota
$1.85M
LPL Financial
17
LPL Financial
California
$1.84M -$207K -7,588 -10%
BOTW
18
Bank of the West
California
$1.76M -$380K -13,938 -17%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$1.72M -$334K -12,267 -16%
Ameriprise
20
Ameriprise
Minnesota
$1.18M -$96K -3,521 -7%
CCM
21
Canal Capital Management
Virginia
$1.08M +$146K +5,353 +15%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$737K +$388K +14,228 +105%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$695K +$92.7K +3,402 +15%
AA
24
Alesco Advisors
New York
$583K +$193K +7,075 +47%
HighTower Advisors
25
HighTower Advisors
Illinois
$569K +$80K +2,937 +16%

PICB Hedge Fund Activity: Q1 2015 in Review

41 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q1 2015, worth a combined $88.8M — down 29% from $125M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of PICB and 3 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 15 added.

The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $4.96M. The largest seller was Royal Bank of Canada, cutting an estimated $17.5M.

  • 41 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q1 2015, down from 53 in Q4 2014.
  • Funds reported $88.8M of Invesco International Corporate Bond ETF stock for Q1 2015, down 29% quarter-over-quarter.
  • 3 funds opened new Invesco International Corporate Bond ETF positions in Q1 2015 and 14 closed out, a net change of -11 holders.
  • The largest Invesco International Corporate Bond ETF buyer in Q1 2015 was Bluefin Capital Management, an estimated $4.96M added.
  • The largest Invesco International Corporate Bond ETF seller in Q1 2015 was Royal Bank of Canada, an estimated $17.5M sold.

Based on aggregated 13F filings for Q1 2015.