Invesco Building & Construction ETF
PKB
26 hedge funds and large institutions have $41.4M invested in Invesco Building & Construction ETF in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 3 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
4% less funds holding
Funds holding: 27 → 26 (-1)
4.38% less ownership
Funds ownership: 45.62% → 41.25% (-4.4%)
8% less capital invested
Capital invested by funds: $45M → $41.4M (-$3.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$2.85M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.44M |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
+$910K |
| 4 |
AIG
American International Group
New York
|
+$673K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$670K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.62M |
| 2 |
Jane Street
New York
|
-$3.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.4M |
| 4 |
Goldman Sachs
New York
|
-$1.23M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIA
26
Denver Investment Advisors
Denver,
Colorado
| $241 | -$359K | -17,096 | -61% |
|
|
27
Jane Street
New York
| – | -$3.17M | -155,724 | Closed |
|
|
VKH
28
Virtu KCG Holdings
New York
| – | -$1.03M | -50,658 | Closed |
|
|
TH
29
Timber Hill
Greenwich,
Connecticut
| – | -$237K | -11,654 | Closed |
|
PKB Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q4 2013, worth a combined $41.4M — down 8.1% from $45M a quarter earlier.
Fund positioning in PKB was balanced in Q4 2013: 3 funds opened new positions, 3 closed out, 13 added to existing stakes and 8 trimmed.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $2.85M. The largest seller was Royal Bank of Canada, cutting an estimated $4.62M.
- 26 institutional investors held Invesco Building & Construction ETF (PKB) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $41.4M of Invesco Building & Construction ETF stock for Q4 2013, down 8.1% quarter-over-quarter.
- 3 funds opened new Invesco Building & Construction ETF positions in Q4 2013 and 3 closed out, a net change of 0 holders.
- The largest Invesco Building & Construction ETF buyer in Q4 2013 was First Allied Advisory Services, an estimated $2.85M added.
- The largest Invesco Building & Construction ETF seller in Q4 2013 was Royal Bank of Canada, an estimated $4.62M sold.
Based on aggregated 13F filings for Q4 2013.