Invesco Oil & Gas Services ETF
32 hedge funds and large institutions have $55.1M invested in Invesco Oil & Gas Services ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
6% less funds holding
Funds holding: 34 → 32 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36.77% less ownership
Funds ownership: 96.77% → 59.99% (-37%)
38% less capital invested
Capital invested by funds: $89.4M → $55.1M (-$34.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.55M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.12M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.72M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.54M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$396K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$47.1M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.08M |
| 3 |
Goldman Sachs
New York
|
-$574K |
| 4 |
Two Sigma Investments
New York
|
-$524K |
| 5 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$328K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
26
Global Retirement Partners
San Rafael,
California
| $11.6K | -$699 | -24 | -6% |
|
27
Barclays
London,
United Kingdom
| $6.35K | – | – | – |
|
|
PTC
28
Private Trust Company
Cleveland,
Ohio
| $5.81K | +$3.44K | +118 | +182% |
|
|
CAM
29
Creekmur Asset Management
Morton,
Illinois
| $5.33K | -$6.79K | -233 | -58% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$243K | -8,354 | -98% |
|
|
TFA
31
Toth Financial Advisory
Leesburg,
Virginia
| $1.59K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $127 | – | – | – |
|
33
Wells Fargo
San Francisco,
California
| $9 | – | – | – |
|
|
34
Goldman Sachs
New York
| – | -$574K | -20,000 | Closed |
|
|
35
Two Sigma Investments
New York
| – | -$524K | -18,280 | Closed |
|
|
MWM
36
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$328K | -11,421 | Closed |
|
|
AWS
37
Atria Wealth Solutions
New York
| – | -$216K | -7,531 | Closed |
|
|
ASN
38
Advisory Services Network
Atlanta,
Georgia
| – | -$10.3K | -360 | Closed |
|
39
Citigroup
New York
| – | -$57 | -2 | Closed |
|
PXJ Hedge Fund Activity: Q1 2024 in Review
32 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Oil & Gas Services ETF (PXJ) for Q1 2024, worth a combined $55.1M — down 38% from $89.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PXJ and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $3.55M. The largest seller was Morgan Stanley, cutting an estimated $47.1M.
- 32 institutional investors held Invesco Oil & Gas Services ETF (PXJ) as of Q1 2024, down from 34 in Q4 2023.
- Funds reported $55.1M of Invesco Oil & Gas Services ETF stock for Q1 2024, down 38% quarter-over-quarter.
- 4 funds opened new Invesco Oil & Gas Services ETF positions in Q1 2024 and 6 closed out, a net change of -2 holders.
- The largest Invesco Oil & Gas Services ETF buyer in Q1 2024 was Bank of America, an estimated $3.55M added.
- The largest Invesco Oil & Gas Services ETF seller in Q1 2024 was Morgan Stanley, an estimated $47.1M sold.
Based on aggregated 13F filings for Q1 2024.