Invesco NASDAQ Internet ETF
PNQI
74 hedge funds and large institutions have $127M invested in Invesco NASDAQ Internet ETF in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
7% more funds holding
Funds holding: 69 → 74 (+5)
33% less capital invested
Capital invested by funds: $188M → $127M (-$61.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
76.12% less ownership
Funds ownership: 200.77% → 124.65% (-76%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $856K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$2.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.86M |
| 4 |
CAM
Crestone Asset Management
Boulder,
Colorado
|
+$1.4M |
| 5 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$26.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$20.6M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$16.3M |
| 4 |
Jane Street
New York
|
-$6.84M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$4.78M |
PNQI Hedge Fund Activity: Q4 2017 in Review
74 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco NASDAQ Internet ETF (PNQI) for Q4 2017, worth a combined $127M — down 33% from $188M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PNQI positions and 6 closed out — a net gain of 5 holders — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Barometer Capital Management, adding an estimated $2.73M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $26.8M sold.
- 74 institutional investors held Invesco NASDAQ Internet ETF (PNQI) as of Q4 2017, up from 69 in Q3 2017.
- Funds reported $127M of Invesco NASDAQ Internet ETF stock for Q4 2017, down 33% quarter-over-quarter.
- 11 funds opened new Invesco NASDAQ Internet ETF positions in Q4 2017 and 6 closed out, a net change of +5 holders.
- The largest Invesco NASDAQ Internet ETF buyer in Q4 2017 was Barometer Capital Management, an estimated $2.73M added.
- The largest Invesco NASDAQ Internet ETF seller in Q4 2017 was Niemann Capital Management, an estimated $26.8M sold.
Based on aggregated 13F filings for Q4 2017.