Invesco Building & Construction ETF
PKB
74 hedge funds and large institutions have $171M invested in Invesco Building & Construction ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 73 → 74 (+1)
5% more capital invested
Capital invested by funds: $163M → $171M (+$7.97M)
9.21% less ownership
Funds ownership: 65.22% → 56.01% (-9.2%)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$5.17M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.08M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$740K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$426K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.42M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$4.16M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.09M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$813K |
PKB Hedge Fund Activity: Q1 2024 in Review
74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q1 2024, worth a combined $171M — up 4.9% from $163M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PKB positions and 8 closed out — a net gain of 2 holders — while 20 added to existing stakes and 26 trimmed.
The largest buyer was SMI Advisory Services, opening a new position worth an estimated $5.17M. The largest seller was Morgan Stanley, cutting an estimated $11.2M.
- 74 institutional investors held Invesco Building & Construction ETF (PKB) as of Q1 2024, up from 73 in Q4 2023.
- Funds reported $171M of Invesco Building & Construction ETF stock for Q1 2024, up 4.9% quarter-over-quarter.
- 10 funds opened new Invesco Building & Construction ETF positions in Q1 2024 and 8 closed out, a net change of +2 holders.
- The largest Invesco Building & Construction ETF buyer in Q1 2024 was SMI Advisory Services, an estimated $5.17M added.
- The largest Invesco Building & Construction ETF seller in Q1 2024 was Morgan Stanley, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2024.