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Invesco International Corporate Bond ETF

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.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

16% more funds holding

Funds holding: 4957 (+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: 10 (-1)

Holders
57
Holders Change
+8
Holders Change %
+16.33%
% of All Funds
1.29%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
12
Increased
15
Reduced
21
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$5.18M -$670K -24,786 -12%
CCA
2
Checchi Capital Advisers
California
$4.71M -$3.07M -113,750 -40%
Wells Fargo
3
Wells Fargo
California
$4.67M -$200K -7,417 -4%
FC
4
FCA Corp
Texas
$4.3M +$20.5K +757 +0.5%
UBS Group
5
UBS Group
Switzerland
$3.83M -$2.64M -97,599 -41%
WCM
6
Windsor Capital Management
Arizona
$3.42M +$296K +10,962 +10%
Stifel Financial
7
Stifel Financial
Missouri
$3.35M +$405K +14,966 +13%
RG
8
Rathbones Group
United Kingdom
$3.2M +$167K +6,195 +6%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.04M +$3.84K +142 +0.1%
GC
10
Guggenheim Capital
Illinois
$2.15M -$561K -20,751 -21%
Bank of America
11
Bank of America
North Carolina
$1.86M -$1.7M -62,775 -48%
Morgan Stanley
12
Morgan Stanley
New York
$1.79M +$117K +4,311 +7%
FCM
13
Flinton Capital Management
Pennsylvania
$1.71M -$73.5K -2,720 -4%
BCM
14
Bluefin Capital Management
New York
$1.45M +$1.04M +38,346 +270%
TAM
15
Tyers Asset Management
Texas
$1.41M -$60.5K -2,240 -4%
AA
16
Alesco Advisors
New York
$1.38M +$76.5K +2,830 +6%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$1.38M -$648K -23,970 -32%
RCM
18
Riverhead Capital Management
Delaware
$1.26M -$54.1K -2,000 -4%
HNB
19
Huntington National Bank
Ohio
$1.11M
NA
20
Neuburgh Advisers
California
$1.11M -$47.6K -1,760 -4%
FIM
21
Freedom Investment Management
Connecticut
$1.03M +$155K +5,719 +18%
KM
22
Kalos Management
Georgia
$968K -$47.7K -1,765 -5%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$890K +$48.4K +1,791 +6%
MCIM
24
Meadow Creek Investment Management
Georgia
$804K -$34.6K -1,280 -4%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$762K +$15.5K +572 +2%

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.