Invesco Oil & Gas Services ETF
36 hedge funds and large institutions have $47.9M invested in Invesco Oil & Gas Services ETF in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 4 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
1.21% less ownership
Funds ownership: 8.33% → 7.12% (-1.2%)
5% less funds holding
Funds holding: 38 → 36 (-2)
11% less capital invested
Capital invested by funds: $53.9M → $47.9M (-$6.08M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$985K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$782K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$600K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$13.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.02M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$364K |
| 4 |
Goldman Sachs
New York
|
-$298K |
| 5 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KT
26
Kanaly Trust
Houston,
Texas
| $49K | – | – | – |
|
|
WA
27
WealthTrust-Arizona
Scottsdale,
Arizona
| $30K | – | – | – |
|
28
Federated Hermes
Pittsburgh,
Pennsylvania
| $21K | +$19.6K | +140 | New |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $17K | – | – | – |
|
|
AIG
30
American International Group
New York
| $6.93K | -$5.59K | -40 | -47% |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| $6K | – | – | – |
|
32
Citigroup
New York
| $5K | -$4.89K | -35 | -50% |
|
|
HFM
33
Hartford Financial Management
Hartford,
Connecticut
| $4K | +$4.47K | +32 | New |
|
|
OIA
34
Optimum Investment Advisors
Chicago,
Illinois
| $3K | – | – | – |
|
|
WA
35
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
|
ARMC
36
American Research & Management Company
Marion,
Massachusetts
| $1K | – | – | – |
|
|
AP
37
Advisors Preferred
Rockville,
Maryland
| – | -$364K | -2,700 | Closed |
|
|
38
Goldman Sachs
New York
| – | -$298K | -2,210 | Closed |
|
|
NES
39
New England Securities
New York
| – | -$27K | -200 | Closed |
|
|
WTC
40
WhitTier Trust Company
Reno,
Nevada
| – | -$10K | -74 | Closed |
|
PXJ Hedge Fund Activity: Q2 2014 in Review
36 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco Oil & Gas Services ETF (PXJ) for Q2 2014, worth a combined $47.9M — down 11% from $53.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PXJ and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 13 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.17M. The largest seller was Lazard Asset Management, cutting an estimated $13.3M.
- 36 institutional investors held Invesco Oil & Gas Services ETF (PXJ) as of Q2 2014, down from 38 in Q1 2014.
- Funds reported $47.9M of Invesco Oil & Gas Services ETF stock for Q2 2014, down 11% quarter-over-quarter.
- 3 funds opened new Invesco Oil & Gas Services ETF positions in Q2 2014 and 4 closed out, a net change of -1 holder.
- The largest Invesco Oil & Gas Services ETF buyer in Q2 2014 was Virtu Financial, an estimated $1.17M added.
- The largest Invesco Oil & Gas Services ETF seller in Q2 2014 was Lazard Asset Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2014.