Invesco NASDAQ Internet ETF
PNQI
84 hedge funds and large institutions have $125M invested in Invesco NASDAQ Internet ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.91% more ownership
Funds ownership: 134.67% → 137.59% (+2.9%)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
13% less funds holding
Funds holding: 96 → 84 (-12)
14% less capital invested
Capital invested by funds: $145M → $125M (-$19.8M)
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$8.33M |
| 2 |
LAM
L2 Asset Management
Wayland,
Massachusetts
|
+$3.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.51M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.18M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$8.68M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.93M |
| 3 |
Jane Street
New York
|
-$2.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.88M |
| 5 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$942K |
PNQI Hedge Fund Activity: Q1 2020 in Review
84 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ Internet ETF (PNQI) for Q1 2020, worth a combined $125M — down 14% from $145M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of PNQI and 12 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 25 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $8.33M. The largest seller was Bank of America, cutting an estimated $8.68M.
- 84 institutional investors held Invesco NASDAQ Internet ETF (PNQI) as of Q1 2020, down from 96 in Q4 2019.
- Funds reported $125M of Invesco NASDAQ Internet ETF stock for Q1 2020, down 14% quarter-over-quarter.
- 12 funds opened new Invesco NASDAQ Internet ETF positions in Q1 2020 and 21 closed out, a net change of -9 holders.
- The largest Invesco NASDAQ Internet ETF buyer in Q1 2020 was HighTower Advisors, an estimated $8.33M added.
- The largest Invesco NASDAQ Internet ETF seller in Q1 2020 was Bank of America, an estimated $8.68M sold.
Based on aggregated 13F filings for Q1 2020.