Invesco Building & Construction ETF
PKB
56 hedge funds and large institutions have $63.4M invested in Invesco Building & Construction ETF in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 19 closing their positions.
6.01% less ownership
Funds ownership: 33% → 26.99% (-6%)
16% less funds holding
Funds holding: 67 → 56 (-11)
38% less capital invested
Capital invested by funds: $102M → $63.4M (-$38.1M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$885K |
| 2 |
Jane Street
New York
|
+$585K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$478K |
| 4 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$327K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.28M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$6.79M |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$3.81M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.26M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.48M |
PKB Hedge Fund Activity: Q2 2018 in Review
56 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q2 2018, worth a combined $63.4M — down 38% from $102M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PKB and 9 opened new positions — a net loss of 10 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was MAI Capital Management, adding an estimated $885K. The largest seller was Morgan Stanley, cutting an estimated $7.28M.
- 56 institutional investors held Invesco Building & Construction ETF (PKB) as of Q2 2018, down from 67 in Q1 2018.
- Funds reported $63.4M of Invesco Building & Construction ETF stock for Q2 2018, down 38% quarter-over-quarter.
- 9 funds opened new Invesco Building & Construction ETF positions in Q2 2018 and 19 closed out, a net change of -10 holders.
- The largest Invesco Building & Construction ETF buyer in Q2 2018 was MAI Capital Management, an estimated $885K added.
- The largest Invesco Building & Construction ETF seller in Q2 2018 was Morgan Stanley, an estimated $7.28M sold.
Based on aggregated 13F filings for Q2 2018.