Invesco Building & Construction ETF
PKB
54 hedge funds and large institutions have $80.3M invested in Invesco Building & Construction ETF in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 21 increasing their positions, 3 reducing their positions, and 8 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 3
238% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 8
155% more capital invested
Capital invested by funds: $31.5M → $80.3M (+$48.8M)
54% more funds holding
Funds holding: 35 → 54 (+19)
5.95% less ownership
Funds ownership: 39.2% → 33.26% (-5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.57M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.37M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.24M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$3.12M |
| 2 |
SG Americas Securities
New York
|
-$508K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$366K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$65K |
| 5 |
KA
Klingman & Associates
New York
|
-$52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
51
Cribstone Capital Management
Augusta,
Maine
| $3K | +$2.67K | +100 | New |
|
|
PFGIA
52
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $3K | +$2.67K | +100 | New |
|
|
BFEC
53
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
FMP
54
Financial Management Professionals
Austin,
Texas
| – | -$3.12M | -120,222 | Closed |
|
|
55
SG Americas Securities
New York
| – | -$508K | -19,600 | Closed |
|
|
56
CIBC World Market
Toronto,
Ontario, Canada
| – | -$366K | -14,121 | Closed |
|
|
KA
57
Klingman & Associates
New York
| – | -$52K | -2,000 | Closed |
|
|
IWMPD
58
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$23K | -900 | Closed |
|
59
Mariner
Overland Park,
Kansas
| – | -$12K | -450 | Closed |
|
|
CWM
60
Concert Wealth Management
San Jose,
California
| – | -$5K | -200 | Closed |
|
|
CCS
61
Crosspoint Capital Strategies
Orinda,
California
| – | -$2K | -77 | Closed |
|
PKB Hedge Fund Activity: Q4 2016 in Review
54 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q4 2016, worth a combined $80.3M — up 155% from $31.5M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PKB positions and 8 closed out — a net gain of 19 holders — while 21 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.57M. The largest seller was Financial Management Professionals, exiting entirely with an estimated $3.12M sold.
- 54 institutional investors held Invesco Building & Construction ETF (PKB) as of Q4 2016, up from 35 in Q3 2016.
- Funds reported $80.3M of Invesco Building & Construction ETF stock for Q4 2016, up 155% quarter-over-quarter.
- 27 funds opened new Invesco Building & Construction ETF positions in Q4 2016 and 8 closed out, a net change of +19 holders.
- The largest Invesco Building & Construction ETF buyer in Q4 2016 was Morgan Stanley, an estimated $8.57M added.
- The largest Invesco Building & Construction ETF seller in Q4 2016 was Financial Management Professionals, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2016.