Invesco Building & Construction ETF
PKB
67 hedge funds and large institutions have $134M invested in Invesco Building & Construction ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
11% more capital invested
Capital invested by funds: $121M → $134M (+$13.6M)
6.61% more ownership
Funds ownership: 52.31% → 58.92% (+6.6%)
5% more funds holding
Funds holding: 64 → 67 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 3 |
Goldman Sachs
New York
|
+$969K |
| 4 |
Morgan Stanley
New York
|
+$955K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
Horizon Wealth Management
La Grange,
Illinois
|
-$5.55M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$926K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$526K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$232K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$199K |
PKB Hedge Fund Activity: Q3 2023 in Review
67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Building & Construction ETF (PKB) for Q3 2023, worth a combined $134M — up 11% from $121M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PKB positions and 5 closed out — a net gain of 4 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $25.8M. The largest seller was Horizon Wealth Management, cutting an estimated $5.55M.
- 67 institutional investors held Invesco Building & Construction ETF (PKB) as of Q3 2023, up from 64 in Q2 2023.
- Funds reported $134M of Invesco Building & Construction ETF stock for Q3 2023, up 11% quarter-over-quarter.
- 9 funds opened new Invesco Building & Construction ETF positions in Q3 2023 and 5 closed out, a net change of +4 holders.
- The largest Invesco Building & Construction ETF buyer in Q3 2023 was Bank of America, an estimated $25.8M added.
- The largest Invesco Building & Construction ETF seller in Q3 2023 was Horizon Wealth Management, an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2023.