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Invesco BuyBack Achievers ETF

83 hedge funds and large institutions have $896M invested in Invesco BuyBack Achievers ETF in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

543% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 7

257% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 7

131% more capital invested

Capital invested by funds: $388M → $896M (+$507M)

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

28% more funds holding

Funds holding: 6583 (+18)

2.3% less ownership

Funds ownership: 56.71%54.41% (-2.3%)

Holders
83
Holders Change
+18
Holders Change %
+27.69%
% of All Funds
2.69%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.19%
New
25
Increased
45
Reduced
7
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$242M +$145M +3,796,030 +165%
Bank of America
2
Bank of America
North Carolina
$87.9M +$38.2M +1,003,134 +80%
JAM
3
Jupiter Asset Management
United Kingdom
$59.6M +$58M +1,524,400 New
RIG
4
RiverFront Investment Group
Virginia
$57M +$2.22M +58,432 +4%
CIA
5
Choate Investment Advisors
Massachusetts
$47.3M +$1.37M +35,966 +3%
MIH
6
Madison Investment Holdings
Wisconsin
$39.5M +$38.5M +1,010,439 New
U
7
UBS
Switzerland
$37.9M +$12.5M +328,912 +51%
Morgan Stanley
8
Morgan Stanley
New York
$36.2M +$19M +499,529 +117%
Goldman Sachs
9
Goldman Sachs
New York
$33.5M +$32.4M +850,400 +12,904%
AAMU
10
Amundi Asset Management US
Massachusetts
$23.2M +$2.17M +57,000 +11%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$22.8M +$22.1M +580,466 +15,373%
BC
12
Brinker Capital
Pennsylvania
$22.6M +$2.75M +72,240 +14%
BTS
13
BB&T Securities
Virginia
$20.7M +$178K +4,688 +10%
Wells Fargo
14
Wells Fargo
California
$18.5M +$5M +131,270 +38%
BCMU
15
BlueCrest Capital Management (UK)
Guernsey
$15.1M +$14.7M +386,000 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$14.8M +$1.16M +30,373 +9%
Lazard Asset Management
17
Lazard Asset Management
New York
$14.2M +$13.9M +364,645 New
GML
18
Gems Management Ltd
Bahamas
$13M +$12.6M +331,825 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$10.8M +$5.74M +150,666 +119%
DSAM
20
Dock Street Asset Management
Florida
$7.38M +$402K +10,565 +6%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$6.03M +$1.34M +35,083 +29%
Citigroup
22
Citigroup
New York
$5.99M +$5.84M +153,413 New
MWM
23
Merriman Wealth Management
Washington
$5.11M +$1.11M +29,093 +29%
RJA
24
Raymond James & Associates
Florida
$4.73M +$145K +3,803 +3%
DWM
25
Destination Wealth Management
California
$3.89M -$36.4K -955 -1%

PKW Hedge Fund Activity: Q3 2013 in Review

83 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco BuyBack Achievers ETF (PKW) for Q3 2013, worth a combined $896M — up 131% from $388M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new PKW positions and 7 closed out — a net gain of 18 holders — while 45 added to existing stakes and 7 trimmed.

The largest buyer was LPL Financial, adding an estimated $145M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $17.4M sold.

  • 83 institutional investors held Invesco BuyBack Achievers ETF (PKW) as of Q3 2013, up from 65 in Q2 2013.
  • Funds reported $896M of Invesco BuyBack Achievers ETF stock for Q3 2013, up 131% quarter-over-quarter.
  • 25 funds opened new Invesco BuyBack Achievers ETF positions in Q3 2013 and 7 closed out, a net change of +18 holders.
  • The largest Invesco BuyBack Achievers ETF buyer in Q3 2013 was LPL Financial, an estimated $145M added.
  • The largest Invesco BuyBack Achievers ETF seller in Q3 2013 was Susquehanna International Group, an estimated $17.4M sold.

Based on aggregated 13F filings for Q3 2013.