Invesco Building & Construction ETF
PKB
27 hedge funds and large institutions have $61.1M invested in Invesco Building & Construction ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
48% more capital invested
Capital invested by funds: $41.4M → $61.1M (+$19.7M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
8.1% more ownership
Funds ownership: 41.25% → 49.34% (+8.1%)
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.65M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$4.47M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.12M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.98M |
| 5 |
Morgan Stanley
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.51M |
| 2 |
Goldman Sachs
New York
|
-$617K |
| 3 |
LPL Financial
San Diego,
California
|
-$491K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$473K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $5K | +$4.49K | +200 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
28
Goldman Sachs
New York
| – | -$617K | -27,544 | Closed |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$473K | -21,127 | Closed |
|
|
DS
30
DRW Securities
Chicago,
Illinois
| – | -$309K | -13,784 | Closed |
|
|
PAG
31
Private Advisor Group
Morristown,
New Jersey
| – | -$276K | -12,313 | Closed |
|
|
DIA
32
Denver Investment Advisors
Denver,
Colorado
| – | -$241 | -10,764 | Closed |
|
PKB Hedge Fund Activity: Q1 2014 in Review
27 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q1 2014, worth a combined $61.1M — up 48% from $41.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PKB positions and 5 closed out — a net gain of 1 holder — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Bank of America, adding an estimated $4.65M. The largest seller was First Allied Advisory Services, cutting an estimated $2.51M.
- 27 institutional investors held Invesco Building & Construction ETF (PKB) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $61.1M of Invesco Building & Construction ETF stock for Q1 2014, up 48% quarter-over-quarter.
- 6 funds opened new Invesco Building & Construction ETF positions in Q1 2014 and 5 closed out, a net change of +1 holder.
- The largest Invesco Building & Construction ETF buyer in Q1 2014 was Bank of America, an estimated $4.65M added.
- The largest Invesco Building & Construction ETF seller in Q1 2014 was First Allied Advisory Services, an estimated $2.51M sold.
Based on aggregated 13F filings for Q1 2014.