Invesco Building & Construction ETF
PKB
48 hedge funds and large institutions have $33.6M invested in Invesco Building & Construction ETF in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 21 reducing their positions, and 13 closing their positions.
0.06% more ownership
Funds ownership: 27.66% → 27.72% (+0.06%)
16% less funds holding
Funds holding: 57 → 48 (-9)
37% less capital invested
Capital invested by funds: $53.5M → $33.6M (-$19.8M)
43% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 21
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.83M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$971K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$962K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$588K |
| 5 |
Jane Street
New York
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$3.73M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.17M |
| 3 |
Morgan Stanley
New York
|
-$2.11M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.64M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of New York Mellon
New York
| – | -$277K | -9,300 | Closed |
|
|
GLA
52
Good Life Advisors
Reading,
Pennsylvania
| – | -$270K | -9,078 | Closed |
|
53
M&T Bank
Buffalo,
New York
| – | -$238K | -8,000 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$74K | -2,473 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$47K | -1,596 | Closed |
|
|
HWA
56
Heritage Wealth Advisors
Richmond,
Virginia
| – | -$20K | -700 | Closed |
|
|
SPIA
57
Steward Partners Investment Advisory
New York
| – | -$13K | -445 | Closed |
|
|
WAP
58
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$6K | -200 | Closed |
|
59
Fidelity Investments
Boston,
Massachusetts
| – | +$26 | +1 | +100% |
|
PKB Hedge Fund Activity: Q4 2018 in Review
48 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q4 2018, worth a combined $33.6M — down 37% from $53.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PKB and 4 opened new positions — a net loss of 9 holders — while 21 trimmed existing stakes and 12 added.
The largest buyer was Citadel Advisors, adding an estimated $1.83M. The largest seller was MAI Capital Management, cutting an estimated $3.73M.
- 48 institutional investors held Invesco Building & Construction ETF (PKB) as of Q4 2018, down from 57 in Q3 2018.
- Funds reported $33.6M of Invesco Building & Construction ETF stock for Q4 2018, down 37% quarter-over-quarter.
- 4 funds opened new Invesco Building & Construction ETF positions in Q4 2018 and 13 closed out, a net change of -9 holders.
- The largest Invesco Building & Construction ETF buyer in Q4 2018 was Citadel Advisors, an estimated $1.83M added.
- The largest Invesco Building & Construction ETF seller in Q4 2018 was MAI Capital Management, an estimated $3.73M sold.
Based on aggregated 13F filings for Q4 2018.