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Invesco BuyBack Achievers ETF

174 hedge funds and large institutions have $417M invested in Invesco BuyBack Achievers ETF in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 65 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 16

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

15% more capital invested

Capital invested by funds: $364M → $417M (+$53.4M)

6% more funds holding

Funds holding: 164174 (+10)

0.7% more ownership

Funds ownership: 34.76%35.46% (+0.7%)

43% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 65

Holders
174
Holders Change
+10
Holders Change %
+6.1%
% of All Funds
3.77%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.13%
New
29
Increased
37
Reduced
65
Closed
16
Calls
$298K
Puts
Net Calls
+$298K
Net Calls Change
+$79K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$82.1M -$3.14M -54,365 -4%
Morgan Stanley
2
Morgan Stanley
New York
$42.4M -$2.57M -44,565 -6%
LPL Financial
3
LPL Financial
California
$32.6M +$1.57M +27,230 +5%
UBS Group
4
UBS Group
Switzerland
$18.9M -$3.27M -56,528 -15%
RW
5
RVW Wealth
California
$15.9M +$15.4M +266,309 New
Bank of New York Mellon
6
Bank of New York Mellon
New York
$15.4M -$446K -7,715 -3%
Wells Fargo
7
Wells Fargo
California
$11M -$469K -8,113 -4%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$10.9M -$604K -10,455 -5%
MWM
9
Merriman Wealth Management
Washington
$7.79M +$7.54M +130,618 New
CWAG
10
Compton Wealth Advisory Group
Virginia
$7.42M +$348K +6,020 +5%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$7M -$1.7M -29,432 -20%
PP
12
Prudential plc
United Kingdom
$6.87M +$3.19M +55,300 +92%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$6.8M -$3.84M -66,484 -37%
AIC
14
Archer Investment Corporation
Indiana
$6.78M -$1.18M -20,369 -15%
Ameriprise
15
Ameriprise
Minnesota
$6.73M -$202K -3,495 -3%
SPL
16
Smart Portfolios LLC
Washington
$6.62M -$765K -13,236 -11%
RJA
17
Raymond James & Associates
Florida
$5.98M -$240K -4,162 -4%
PWSG
18
Pacific Wealth Strategies Group
California
$5.23M -$751 -13 -0%
SWM
19
Strategic Wealth Management
Washington
$4.85M -$760K -13,154 -14%
PAG
20
Private Advisor Group
New Jersey
$4.63M +$4.48M +77,577 New
Kovitz Investment Group Partners
21
Kovitz Investment Group Partners
Illinois
$4.32M +$4.18M +72,370 New
AG
22
Advisor Group
Arizona
$4.29M +$133K +2,307 +3%
CS
23
Credit Suisse
Switzerland
$4.15M -$1.37M -23,709 -25%
DWM
24
Destination Wealth Management
California
$4.05M -$32K -554 -0.8%
CFA
25
Cahill Financial Advisors
Minnesota
$3.85M -$33.4K -579 -0.9%

PKW Hedge Fund Activity: Q1 2019 in Review

174 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco BuyBack Achievers ETF (PKW) for Q1 2019, worth a combined $417M — up 15% from $364M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PKW positions and 16 closed out — a net gain of 13 holders — while 37 added to existing stakes and 65 trimmed.

The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $7.54M. The largest seller was Almanack Investment Partners, cutting an estimated $7.08M.

  • 174 institutional investors held Invesco BuyBack Achievers ETF (PKW) as of Q1 2019, up from 164 in Q4 2018.
  • Funds reported $417M of Invesco BuyBack Achievers ETF stock for Q1 2019, up 15% quarter-over-quarter.
  • 29 funds opened new Invesco BuyBack Achievers ETF positions in Q1 2019 and 16 closed out, a net change of +13 holders.
  • The largest Invesco BuyBack Achievers ETF buyer in Q1 2019 was Merriman Wealth Management, an estimated $7.54M added.
  • The largest Invesco BuyBack Achievers ETF seller in Q1 2019 was Almanack Investment Partners, an estimated $7.08M sold.

Based on aggregated 13F filings for Q1 2019.