Invesco NASDAQ Internet ETF
PNQI
28 hedge funds and large institutions have $68M invested in Invesco NASDAQ Internet ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
107% more capital invested
Capital invested by funds: $32.8M → $68M (+$35.3M)
33% more funds holding
Funds holding: 21 → 28 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.42M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.86M |
| 3 |
Jane Street
New York
|
+$3.8M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$3.1M |
| 5 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$328K |
| 2 |
GAM
Griffin Asset Management
New York
|
-$299K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$73.3K |
| 4 |
AIG
American International Group
New York
|
-$42.6K |
| 5 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
-$17.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SMA
26
Simply Money Advisors
Cincinnati,
Ohio
| $4K | +$3.9K | +350 | New |
|
27
Envestnet Asset Management
Chicago,
Illinois
| $4K | +$4.07K | +365 | New |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
GAM
29
Griffin Asset Management
New York
| – | -$299K | -30,540 | Closed |
|
PNQI Hedge Fund Activity: Q3 2013 in Review
28 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ Internet ETF (PNQI) for Q3 2013, worth a combined $68M — up 107% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PNQI positions and 1 closed out — a net gain of 7 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $5.42M. The largest seller was Susquehanna International Group, cutting an estimated $328K.
- 28 institutional investors held Invesco NASDAQ Internet ETF (PNQI) as of Q3 2013, up from 21 in Q2 2013.
- Funds reported $68M of Invesco NASDAQ Internet ETF stock for Q3 2013, up 107% quarter-over-quarter.
- 8 funds opened new Invesco NASDAQ Internet ETF positions in Q3 2013 and 1 closed out, a net change of +7 holders.
- The largest Invesco NASDAQ Internet ETF buyer in Q3 2013 was Bank of America, an estimated $5.42M added.
- The largest Invesco NASDAQ Internet ETF seller in Q3 2013 was Susquehanna International Group, an estimated $328K sold.
Based on aggregated 13F filings for Q3 2013.