Invesco Floating Rate Municipal Income ETF
31 hedge funds and large institutions have $41.9M invested in Invesco Floating Rate Municipal Income ETF in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 16 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
15% more funds holding
Funds holding: 27 → 31 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.56% less ownership
Funds ownership: 32.54% → 27.98% (-4.6%)
20% less capital invested
Capital invested by funds: $52.5M → $41.9M (-$10.5M)
94% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$592K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$106K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$98.5K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.9K |
| 5 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
+$39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$2.49M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
-$2.17M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.28M |
| 5 |
Morgan Stanley
New York
|
-$958K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $30K | +$6.84K | +274 | +30% |
|
|
NES
27
New England Securities
New York
| $27K | -$835K | -33,448 | -97% |
|
|
ACS
28
Archford Capital Strategies
Swansea,
Illinois
| $9.99K | – | – | – |
|
|
MAS
29
Madden Advisory Services
Jacksonville,
Florida
| $3K | – | – | – |
|
|
AIG
30
American International Group
New York
| $2.5K | – | – | – |
|
31
Ameriprise
Minneapolis,
Minnesota
| $2K | +$1.65K | +66 | New |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$47K | -1,900 | Closed |
|
|
VIA
33
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$25K | -1,000 | Closed |
|
PVI Hedge Fund Activity: Q2 2014 in Review
31 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2014, worth a combined $41.9M — down 20% from $52.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PVI positions and 2 closed out — a net gain of 4 holders — while 1 added to existing stakes and 16 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $592K. The largest seller was Signature Estate & Investment Advisors, cutting an estimated $2.49M.
- 31 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $41.9M of Invesco Floating Rate Municipal Income ETF stock for Q2 2014, down 20% quarter-over-quarter.
- 6 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2014 and 2 closed out, a net change of +4 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2014 was Jane Street, an estimated $592K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2014 was Signature Estate & Investment Advisors, an estimated $2.49M sold.
Based on aggregated 13F filings for Q2 2014.