Invesco Floating Rate Municipal Income ETF
PVI
22 hedge funds and large institutions have $26.3M invested in Invesco Floating Rate Municipal Income ETF in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0.41% more ownership
Funds ownership: 30.13% → 30.54% (+0.41%)
8% less funds holding
Funds holding: 24 → 22 (-2)
10% less capital invested
Capital invested by funds: $29.3M → $26.3M (-$3.03M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.53M |
| 2 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$997K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$114K |
| 4 |
Citigroup
New York
|
+$9.95K |
| 5 |
HC
Hurley Capital
New York
|
+$9.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.33M |
| 2 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
-$1.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.18M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$564K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$463K |
PVI Hedge Fund Activity: Q2 2015 in Review
22 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2015, worth a combined $26.3M — down 10% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PVI and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, opening a new position worth an estimated $1.53M. The largest seller was Morgan Stanley, cutting an estimated $1.33M.
- 22 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2015, down from 24 in Q1 2015.
- Funds reported $26.3M of Invesco Floating Rate Municipal Income ETF stock for Q2 2015, down 10% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2015 and 4 closed out, a net change of -1 holder.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2015 was Jane Street, an estimated $1.53M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2015 was Morgan Stanley, an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2015.