Invesco NASDAQ Internet ETF
PNQI
92 hedge funds and large institutions have $177M invested in Invesco NASDAQ Internet ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 32 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
6% more funds holding
Funds holding: 87 → 92 (+5)
14% less capital invested
Capital invested by funds: $207M → $177M (-$29.7M)
37.18% less ownership
Funds ownership: 194.83% → 157.65% (-37%)
53% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$4.15M |
| 2 |
FCAG
First Capital Advisors Group
Little Silver,
New Jersey
|
+$1.38M |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$1.38M |
| 4 |
Morgan Stanley
New York
|
+$845K |
| 5 |
Jane Street
New York
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$49.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$755K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$548K |
| 4 |
LPL Financial
San Diego,
California
|
-$548K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$466K |
PNQI Hedge Fund Activity: Q2 2023 in Review
92 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ Internet ETF (PNQI) for Q2 2023, worth a combined $177M — down 14% from $207M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PNQI positions and 7 closed out — a net gain of 5 holders — while 15 added to existing stakes and 32 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $4.15M. The largest seller was Bank of America, cutting an estimated $49.2M.
- 92 institutional investors held Invesco NASDAQ Internet ETF (PNQI) as of Q2 2023, up from 87 in Q1 2023.
- Funds reported $177M of Invesco NASDAQ Internet ETF stock for Q2 2023, down 14% quarter-over-quarter.
- 12 funds opened new Invesco NASDAQ Internet ETF positions in Q2 2023 and 7 closed out, a net change of +5 holders.
- The largest Invesco NASDAQ Internet ETF buyer in Q2 2023 was Fisher Asset Management, an estimated $4.15M added.
- The largest Invesco NASDAQ Internet ETF seller in Q2 2023 was Bank of America, an estimated $49.2M sold.
Based on aggregated 13F filings for Q2 2023.