Invesco S&P SmallCap Health Care ETF
PSCH
107 hedge funds and large institutions have $224M invested in Invesco S&P SmallCap Health Care ETF in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 17 increasing their positions, 42 reducing their positions, and 31 closing their positions.
1.45% more ownership
Funds ownership: 78.36% → 79.8% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 117 → 107 (-10)
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
38% less capital invested
Capital invested by funds: $359M → $224M (-$135M)
60% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$21.1M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.89M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$4.24M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.87M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.5M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$10.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10M |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$8.23M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIC
126
Meridian Investment Counsel
Lafayette,
California
| – | -$220K | -4,698 | Closed |
|
|
SI
127
Stephens Inc
Little Rock,
Arkansas
| – | -$212K | -4,530 | Closed |
|
|
AP
128
Advisors Preferred
Rockville,
Maryland
| – | -$128K | -2,730 | Closed |
|
|
SPIA
129
Steward Partners Investment Advisory
New York
| – | -$126K | -2,700 | Closed |
|
|
SFM
130
Signet Financial Management
Parsippany,
New Jersey
| – | -$60K | -1,278 | Closed |
|
131
Parallax Volatility Advisers
San Francisco,
California
| – | -$41.5K | -1,014 | -100% |
|
|
AF
132
Allworth Financial
Folsom,
California
| – | -$32K | -684 | Closed |
|
133
BlackRock
New York
| – | -$30K | -651 | Closed |
|
|
PW
134
Price Wealth
Austin,
Texas
| – | -$26K | -558 | Closed |
|
|
CCS
135
Crosspoint Capital Strategies
Orinda,
California
| – | -$19K | -396 | Closed |
|
136
Bessemer Group
Woodbridge,
New Jersey
| – | -$18K | -387 | Closed |
|
|
KF
137
Krilogy Financial
St. Louis,
Missouri
| – | -$14K | -300 | Closed |
|
|
CF
138
Centaurus Financial
Anaheim,
California
| – | -$1.33K | -27 | Closed |
|
PSCH Hedge Fund Activity: Q4 2018 in Review
107 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap Health Care ETF (PSCH) for Q4 2018, worth a combined $224M — down 38% from $359M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PSCH and 23 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 17 added.
The largest buyer was Susquehanna International Group, adding an estimated $21.1M. The largest seller was Morgan Stanley, cutting an estimated $10.5M.
- 107 institutional investors held Invesco S&P SmallCap Health Care ETF (PSCH) as of Q4 2018, down from 117 in Q3 2018.
- Funds reported $224M of Invesco S&P SmallCap Health Care ETF stock for Q4 2018, down 38% quarter-over-quarter.
- 23 funds opened new Invesco S&P SmallCap Health Care ETF positions in Q4 2018 and 31 closed out, a net change of -8 holders.
- The largest Invesco S&P SmallCap Health Care ETF buyer in Q4 2018 was Susquehanna International Group, an estimated $21.1M added.
- The largest Invesco S&P SmallCap Health Care ETF seller in Q4 2018 was Morgan Stanley, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2018.