Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
25 hedge funds and large institutions have $16.4M invested in Invesco S&P SmallCap Utilities & Communication Services ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 12 closing their positions.
2.28% less ownership
Funds ownership: 34.06% → 31.78% (-2.3%)
22% less capital invested
Capital invested by funds: $21M → $16.4M (-$4.61M)
31% less funds holding
Funds holding: 36 → 25 (-11)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.55M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$607K |
| 3 |
LPL Financial
San Diego,
California
|
+$172K |
| 4 |
Jane Street
New York
|
+$150K |
| 5 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.77M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.75M |
| 3 |
Morgan Stanley
New York
|
-$947K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$417K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$364K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
26
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$417K | -7,766 | Closed |
|
|
27
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$364K | -6,775 | Closed |
|
|
WI
28
WrapManager Inc
Mill Valley,
California
| – | -$358K | -6,657 | Closed |
|
|
CMBA
29
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$58K | -1,080 | Closed |
|
|
RCAG
30
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$12.8K | -239 | Closed |
|
|
NR
31
Newfound Research
Wellesley Hills,
Massachusetts
| – | -$12K | -228 | Closed |
|
|
CA
32
Cetera Advisors
Denver,
Colorado
| – | -$11K | -200 | Closed |
|
|
FHB
33
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$10K | -180 | Closed |
|
|
GRP
34
Global Retirement Partners
San Rafael,
California
| – | -$8K | -157 | Closed |
|
|
HR
35
Howe & Rusling
Rochester,
New York
| – | -$8K | -140 | Closed |
|
|
KL
36
KWMG LLC
Overland Park,
Kansas
| – | -$3K | -60 | Closed |
|
PSCU Hedge Fund Activity: Q2 2019 in Review
25 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) for Q2 2019, worth a combined $16.4M — down 22% from $21M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PSCU and 2 opened new positions — a net loss of 10 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.55M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.77M sold.
- 25 institutional investors held Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) as of Q2 2019, down from 36 in Q1 2019.
- Funds reported $16.4M of Invesco S&P SmallCap Utilities & Communication Services ETF stock for Q2 2019, down 22% quarter-over-quarter.
- 2 funds opened new Invesco S&P SmallCap Utilities & Communication Services ETF positions in Q2 2019 and 12 closed out, a net change of -10 holders.
- The largest Invesco S&P SmallCap Utilities & Communication Services ETF buyer in Q2 2019 was Royal Bank of Canada, an estimated $2.55M added.
- The largest Invesco S&P SmallCap Utilities & Communication Services ETF seller in Q2 2019 was Susquehanna International Group, an estimated $1.77M sold.
Based on aggregated 13F filings for Q2 2019.