Invesco International Corporate Bond ETF
PICB
47 hedge funds and large institutions have $68.7M invested in Invesco International Corporate Bond ETF in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3.59% more ownership
Funds ownership: 40.02% → 43.61% (+3.6%)
2% more funds holding
Funds holding: 46 → 47 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less capital invested
Capital invested by funds: $82.8M → $68.7M (-$14.1M)
30% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$17.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.89M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.86M |
| 4 |
BCM
Bluefin Capital Management
New York
|
+$750K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.66M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.18M |
| 3 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$2.47M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.56M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
PICB Hedge Fund Activity: Q3 2015 in Review
47 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco International Corporate Bond ETF (PICB) for Q3 2015, worth a combined $68.7M — down 17% from $82.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PICB positions and 1 closed out — a net gain of 1 holder — while 16 added to existing stakes and 23 trimmed.
The largest buyer was Freedom Investment Management, adding an estimated $17.5M. The largest seller was Bank of America, cutting an estimated $3.66M.
- 47 institutional investors held Invesco International Corporate Bond ETF (PICB) as of Q3 2015, up from 46 in Q2 2015.
- Funds reported $68.7M of Invesco International Corporate Bond ETF stock for Q3 2015, down 17% quarter-over-quarter.
- 2 funds opened new Invesco International Corporate Bond ETF positions in Q3 2015 and 1 closed out, a net change of +1 holder.
- The largest Invesco International Corporate Bond ETF buyer in Q3 2015 was Freedom Investment Management, an estimated $17.5M added.
- The largest Invesco International Corporate Bond ETF seller in Q3 2015 was Bank of America, an estimated $3.66M sold.
Based on aggregated 13F filings for Q3 2015.