Invesco NASDAQ Internet ETF
PNQI
55 hedge funds and large institutions have $65.2M invested in Invesco NASDAQ Internet ETF in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 9 closing their positions.
11% less funds holding
Funds holding: 62 → 55 (-7)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
35% less capital invested
Capital invested by funds: $99.7M → $65.2M (-$34.6M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.4M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.62M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$901K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$562K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.83M |
| 2 |
SG Americas Securities
New York
|
-$8.43M |
| 3 |
Goldman Sachs
New York
|
-$4.39M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.72M |
| 5 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$2.62M |
PNQI Hedge Fund Activity: Q4 2016 in Review
55 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ Internet ETF (PNQI) for Q4 2016, worth a combined $65.2M — down 35% from $99.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PNQI and 5 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $2.4M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $8.83M.
- 55 institutional investors held Invesco NASDAQ Internet ETF (PNQI) as of Q4 2016, down from 62 in Q3 2016.
- Funds reported $65.2M of Invesco NASDAQ Internet ETF stock for Q4 2016, down 35% quarter-over-quarter.
- 5 funds opened new Invesco NASDAQ Internet ETF positions in Q4 2016 and 9 closed out, a net change of -4 holders.
- The largest Invesco NASDAQ Internet ETF buyer in Q4 2016 was Morgan Stanley, an estimated $2.4M added.
- The largest Invesco NASDAQ Internet ETF seller in Q4 2016 was Raymond James Financial Services Advisors, an estimated $8.83M sold.
Based on aggregated 13F filings for Q4 2016.