Invesco Building & Construction ETF
PKB
73 hedge funds and large institutions have $163M invested in Invesco Building & Construction ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
22% more capital invested
Capital invested by funds: $134M → $163M (+$29M)
9% more funds holding
Funds holding: 67 → 73 (+6)
6.3% more ownership
Funds ownership: 58.92% → 65.22% (+6.3%)
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$322K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$271K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHWA
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
-$8.64M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$696K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Two Sigma Investments
New York
| – | -$293K | -5,800 | Closed |
|
|
MPWT
77
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$76K | -1,507 | Closed |
|
|
RIA
78
Realta Investment Advisors
Wilmington,
Delaware
| – | -$27.2K | -500 | Closed |
|
79
Comerica Bank
Dallas,
Texas
| – | -$23.4K | -463 | Closed |
|
|
CSPIA
80
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$11.5K | -228 | Closed |
|
PKB Hedge Fund Activity: Q4 2023 in Review
73 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q4 2023, worth a combined $163M — up 22% from $134M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PKB positions and 7 closed out — a net gain of 7 holders — while 17 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.41M. The largest seller was Beacon Harbor Wealth Advisors, exiting entirely with an estimated $8.64M sold.
- 73 institutional investors held Invesco Building & Construction ETF (PKB) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $163M of Invesco Building & Construction ETF stock for Q4 2023, up 22% quarter-over-quarter.
- 14 funds opened new Invesco Building & Construction ETF positions in Q4 2023 and 7 closed out, a net change of +7 holders.
- The largest Invesco Building & Construction ETF buyer in Q4 2023 was Morgan Stanley, an estimated $9.41M added.
- The largest Invesco Building & Construction ETF seller in Q4 2023 was Beacon Harbor Wealth Advisors, an estimated $8.64M sold.
Based on aggregated 13F filings for Q4 2023.