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Invesco BuyBack Achievers ETF

134 hedge funds and large institutions have $465M invested in Invesco BuyBack Achievers ETF in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 59 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 10

92% more call options, than puts

Call options by funds: $812K | Put options by funds: $422K

7% more funds holding

Funds holding: 125134 (+9)

0.42% less ownership

Funds ownership: 34.33%33.91% (-0.42%)

10% less capital invested

Capital invested by funds: $516M → $465M (-$51.6M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

44% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 59

Holders
134
Holders Change
+9
Holders Change %
+7.2%
% of All Funds
3.57%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
22
Increased
33
Reduced
59
Closed
10
Calls
$812K
Puts
$422K
Net Calls
+$390K
Net Calls Change
+$91K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$81M -$5.25M -111,613 -6%
Morgan Stanley
2
Morgan Stanley
New York
$43.8M -$17.8M -378,628 -29%
MIH
3
Madison Investment Holdings
Wisconsin
$40.3M -$1.96M -41,662 -5%
LPL Financial
4
LPL Financial
California
$34.8M -$5.38M -114,237 -13%
UBS Group
5
UBS Group
Switzerland
$24.4M -$1.74M -36,936 -7%
Wells Fargo
6
Wells Fargo
California
$18.9M -$5.32M -113,011 -22%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$18.8M +$1.95M +41,456 +12%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$17.3M -$425K -9,030 -2%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$15.2M -$882K -18,736 -6%
BPC
10
Banque Pictet & Cie
Switzerland
$13.1M -$726K -15,435 -5%
PNAA
11
Pictet North America Advisors
Switzerland
$13.1M -$53.4K -1,135 -0.4%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$11.7M +$449K +9,551 +4%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$11M -$1.48M -31,554 -12%
RCG
14
Ruggie Capital Group
Florida
$5.94M +$342K +7,276 +6%
CIA
15
Choate Investment Advisors
Massachusetts
$5.49M -$3.04M -64,640 -36%
RJA
16
Raymond James & Associates
Florida
$4.87M -$1.21M -25,749 -20%
PAG
17
Private Advisor Group
New Jersey
$4.76M +$1.4M +29,704 +42%
DWM
18
Destination Wealth Management
California
$3.95M +$29.5K +627 +0.8%
Ameriprise
19
Ameriprise
Minnesota
$3.83M -$565K -12,017 -13%
AAMU
20
Amundi Asset Management US
Massachusetts
$3.81M -$632K -13,422 -14%
MFS
21
MSI Financial Services
Massachusetts
$3.78M -$327K -6,945 -8%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$3.77M -$749K -15,920 -17%
PVH
23
Psagot Value Holdings
Israel
$3.73M +$535K +11,380 +17%
CFA
24
Cahill Financial Advisors
Minnesota
$3.69M +$1.41K +30 +0%
CAN
25
Cetera Advisor Networks
California
$3.15M +$1.17M +24,787 +60%

PKW Hedge Fund Activity: Q3 2016 in Review

134 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco BuyBack Achievers ETF (PKW) for Q3 2016, worth a combined $465M — down 10% from $516M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PKW positions and 10 closed out — a net gain of 12 holders — while 33 added to existing stakes and 59 trimmed.

The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $2.32M. The largest seller was Morgan Stanley, cutting an estimated $17.8M.

  • 134 institutional investors held Invesco BuyBack Achievers ETF (PKW) as of Q3 2016, up from 125 in Q2 2016.
  • Funds reported $465M of Invesco BuyBack Achievers ETF stock for Q3 2016, down 10% quarter-over-quarter.
  • 22 funds opened new Invesco BuyBack Achievers ETF positions in Q3 2016 and 10 closed out, a net change of +12 holders.
  • The largest Invesco BuyBack Achievers ETF buyer in Q3 2016 was Merriman Wealth Management, an estimated $2.32M added.
  • The largest Invesco BuyBack Achievers ETF seller in Q3 2016 was Morgan Stanley, an estimated $17.8M sold.

Based on aggregated 13F filings for Q3 2016.