Invesco BuyBack Achievers ETF
151 hedge funds and large institutions have $450M invested in Invesco BuyBack Achievers ETF in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 57 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
5% more funds holding
Funds holding: 144 → 151 (+7)
1% more capital invested
Capital invested by funds: $447M → $450M (+$3.72M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3.99% less ownership
Funds ownership: 38.78% → 34.79% (-4%)
26% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$10.5M |
| 2 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$7.32M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.87M |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$4.39M |
| 5 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$18.3M |
| 2 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$10.3M |
| 3 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
-$10.3M |
| 4 |
YU
Yale University
New Haven,
Connecticut
|
-$5.55M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PNAA
151
Pictet North America Advisors
Geneva 73,
Switzerland
| – | -$10.3M | -182,011 | Closed |
|
|
MIAN
152
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$851K | -14,996 | Closed |
|
153
Envestnet Asset Management
Chicago,
Illinois
| – | -$742K | -13,076 | Closed |
|
|
JGIA
154
Jackson Grant Investment Advisers
Stamford,
Connecticut
| – | -$69K | -1,220 | Closed |
|
155
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$34K | -600 | Closed |
|
|
GT
156
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$29K | -515 | Closed |
|
|
SPIA
157
Steward Partners Investment Advisory
New York
| – | -$21K | -374 | Closed |
|
|
PS
158
Portfolio Strategies
Monsey,
New York
| – | -$12K | -220 | Closed |
|
|
CFC
159
Coyle Financial Counsel
Glenview,
Illinois
| – | -$11K | -202 | Closed |
|
|
PFBT
160
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$3K | -45 | Closed |
|
|
HNB
161
Huntington National Bank
Columbus,
Ohio
| – | +$60 | +1 | New |
|
PKW Hedge Fund Activity: Q3 2018 in Review
151 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco BuyBack Achievers ETF (PKW) for Q3 2018, worth a combined $450M — up 0.83% from $447M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PKW positions and 12 closed out — a net gain of 9 holders — while 42 added to existing stakes and 57 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $10.5M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $18.3M sold.
- 151 institutional investors held Invesco BuyBack Achievers ETF (PKW) as of Q3 2018, up from 144 in Q2 2018.
- Funds reported $450M of Invesco BuyBack Achievers ETF stock for Q3 2018, up 0.83% quarter-over-quarter.
- 21 funds opened new Invesco BuyBack Achievers ETF positions in Q3 2018 and 12 closed out, a net change of +9 holders.
- The largest Invesco BuyBack Achievers ETF buyer in Q3 2018 was Goldman Sachs, an estimated $10.5M added.
- The largest Invesco BuyBack Achievers ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2018.