Invesco Building & Construction ETF
PKB
57 hedge funds and large institutions have $66.7M invested in Invesco Building & Construction ETF in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 19 closing their positions.
4.71% less ownership
Funds ownership: 33% → 28.3% (-4.7%)
15% less funds holding
Funds holding: 67 → 57 (-10)
34% less capital invested
Capital invested by funds: $102M → $66.7M (-$34.8M)
47% less first-time investments, than exits
New positions opened: 10 | 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 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$3.11M |
| 2 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$885K |
| 3 |
Jane Street
New York
|
+$585K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$478K |
| 5 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$327K |
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
57 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q2 2018, worth a combined $66.7M — down 34% from $102M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PKB and 10 opened new positions — a net loss of 9 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $3.11M. The largest seller was Morgan Stanley, cutting an estimated $7.28M.
- 57 institutional investors held Invesco Building & Construction ETF (PKB) as of Q2 2018, down from 67 in Q1 2018.
- Funds reported $66.7M of Invesco Building & Construction ETF stock for Q2 2018, down 34% quarter-over-quarter.
- 10 funds opened new Invesco Building & Construction ETF positions in Q2 2018 and 19 closed out, a net change of -9 holders.
- The largest Invesco Building & Construction ETF buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $3.11M 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.