Invesco BuyBack Achievers ETF
144 hedge funds and large institutions have $207M invested in Invesco BuyBack Achievers ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 73 reducing their positions, and 23 closing their positions.
5.35% less ownership
Funds ownership: 35.56% → 30.21% (-5.3%)
9% less funds holding
Funds holding: 159 → 144 (-15)
17% less capital invested
Capital invested by funds: $249M → $207M (-$42.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
65% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 23
73% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$1.28M |
| 2 |
PWSG
Pacific Wealth Strategies Group
Santa Barbara,
California
|
+$697K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$485K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$203K |
| 5 |
PTC
Private Trust Company
Cleveland,
Ohio
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$14M |
| 2 |
Morgan Stanley
New York
|
-$13M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.6M |
| 4 |
CAG
Curtis Advisory Group
Santa Barbara,
California
|
-$8.14M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$5.65M |
PKW Hedge Fund Activity: Q2 2020 in Review
144 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Invesco BuyBack Achievers ETF (PKW) for Q2 2020, worth a combined $207M — down 17% from $249M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PKW and 8 opened new positions — a net loss of 15 holders — while 73 trimmed existing stakes and 20 added.
The largest buyer was MinichMacGregor Wealth Management, opening a new position worth an estimated $1.28M. The largest seller was Bank of America, cutting an estimated $14M.
- 144 institutional investors held Invesco BuyBack Achievers ETF (PKW) as of Q2 2020, down from 159 in Q1 2020.
- Funds reported $207M of Invesco BuyBack Achievers ETF stock for Q2 2020, down 17% quarter-over-quarter.
- 8 funds opened new Invesco BuyBack Achievers ETF positions in Q2 2020 and 23 closed out, a net change of -15 holders.
- The largest Invesco BuyBack Achievers ETF buyer in Q2 2020 was MinichMacGregor Wealth Management, an estimated $1.28M added.
- The largest Invesco BuyBack Achievers ETF seller in Q2 2020 was Bank of America, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2020.