Invesco Oil & Gas Services ETF
34 hedge funds and large institutions have $32.9M invested in Invesco Oil & Gas Services ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 33 → 34 (+1)
3.91% less ownership
Funds ownership: 9.64% → 5.73% (-3.9%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
44% less capital invested
Capital invested by funds: $58.3M → $32.9M (-$25.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Patriot Wealth Management
Houston,
Texas
|
+$4.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.24M |
| 3 |
AIG
American International Group
New York
|
+$327K |
| 4 |
MAS
Madden Advisory Services
Jacksonville,
Florida
|
+$316K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$30.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$891K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$323K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$305K |
| 5 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
-$74.3K |
PXJ Hedge Fund Activity: Q3 2013 in Review
34 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco Oil & Gas Services ETF (PXJ) for Q3 2013, worth a combined $32.9M — down 44% from $58.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PXJ positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Patriot Wealth Management, opening a new position worth an estimated $4.6M. The largest seller was Citigroup, cutting an estimated $30.4M.
- 34 institutional investors held Invesco Oil & Gas Services ETF (PXJ) as of Q3 2013, up from 33 in Q2 2013.
- Funds reported $32.9M of Invesco Oil & Gas Services ETF stock for Q3 2013, down 44% quarter-over-quarter.
- 7 funds opened new Invesco Oil & Gas Services ETF positions in Q3 2013 and 5 closed out, a net change of +2 holders.
- The largest Invesco Oil & Gas Services ETF buyer in Q3 2013 was Patriot Wealth Management, an estimated $4.6M added.
- The largest Invesco Oil & Gas Services ETF seller in Q3 2013 was Citigroup, an estimated $30.4M sold.
Based on aggregated 13F filings for Q3 2013.