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Invesco Dividend Achievers ETF
PFM

125 hedge funds and large institutions have $369M invested in Invesco Dividend Achievers ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 32 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

28% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 32

2% more funds holding

Funds holding: 123 → 125 (+2)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1.5% less ownership

Funds ownership: 58.37% → 56.87% (-1.5%)

9% less capital invested

Capital invested by funds: $408M → $369M (-$38.6M)

Holders
125
Holders Change
+2
Holders Change %
+1.63%
% of All Funds
1.99%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
15
Increased
41
Reduced
32
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CL
Choreo LLC
Illinois
+$7.31M
2
APWA
Atlas Private Wealth Advisors
New Jersey
+$1.89M
3
FAM
Flaharty Asset Management
Florida
+$1.4M
4
Citadel Advisors
Citadel Advisors
Florida
+$1.09M
5
Mariner
Mariner
Kansas
+$942K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$20.1M
2
Osaic Holdings
Osaic Holdings
Arizona
-$17.5M
3
Citigroup
Citigroup
New York
-$5.58M
4
LPL Financial
LPL Financial
California
-$4.19M
5
PAG
Private Advisor Group
New Jersey
-$2.08M
Name Holding Trade Value Shares
Change 		Change in
Stake
Baird Financial Group
26
Baird Financial Group
Wisconsin
$1.78M +$101K +2,753 +6%
CW
27
CreativeOne Wealth
Kansas
$1.59M +$325K +8,881 +26%
CAN
28
Cetera Advisor Networks
California
$1.58M +$325K +8,881 +26%
IFWM
29
Institute for Wealth Management
Colorado
$1.49M – – –
KAS
30
Kestra Advisory Services
Texas
$1.48M +$25.2K +688 +2%
EH
31
Equitable Holdings
New York
$1.44M +$784K +21,412 +120%
EA
32
Eudaimonia Advisors
Tennessee
$1.29M -$95.1K -2,600 -7%
Charles Schwab
33
Charles Schwab
California
$1.17M -$455K -12,441 -28%
Citadel Advisors
34
Citadel Advisors
Florida
$1.09M +$1.09M +29,695 New
SPIA
35
Steward Partners Investment Advisory
New York
$1.08M +$385K +10,516 +55%
HighTower Advisors
36
HighTower Advisors
Illinois
$1.05M +$35.2K +963 +3%
MML Investors Services
37
MML Investors Services
Massachusetts
$911K -$13.3K -364 -1%
SWA
38
Strategies Wealth Advisors
Michigan
$891K +$695 +19 +0.1%
PAG
39
Private Advisor Group
New Jersey
$880K -$2.08M -56,918 -70%
Koshinski Asset Management
40
Koshinski Asset Management
Illinois
$874K – – –
FHA
41
Flagship Harbor Advisors
Massachusetts
$840K -$7.65K -209 -0.9%
FPCP
42
Fort Point Capital Partners
California
$734K +$73.5K +2,008 +11%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$677K +$318K +8,684 +88%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$663K +$44.2K +1,207 +7%
WA
45
WBH Advisory
Maryland
$603K +$603K +16,488 New
DBT
46
Dubuque Bank & Trust
Iowa
$586K – – –
Envestnet Asset Management
47
Envestnet Asset Management
Illinois
$559K +$20.9K +570 +4%
BAM
48
Belpointe Asset Management
Nevada
$551K +$537K +14,676 +3,862%
SWP
49
Stratos Wealth Partners
Ohio
$539K +$73 +2 +0%
Bank of New York Mellon
50
Bank of New York Mellon
New York
$513K -$37 -1 -0%
1
2
3 4 5

PFM Hedge Fund Activity: Q1 2023 in Review

125 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Dividend Achievers ETF (PFM) for Q1 2023, worth a combined $369M — down 9.5% from $408M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new PFM positions and 11 closed out — a net gain of 4 holders — while 41 added to existing stakes and 32 trimmed.

The largest buyer was Choreo LLC, opening a new position worth an estimated $7.31M. The largest seller was Bank of America, cutting an estimated $20.1M.

  • 125 institutional investors held Invesco Dividend Achievers ETF (PFM) as of Q1 2023, up from 123 in Q4 2022.
  • Funds reported $369M of Invesco Dividend Achievers ETF stock for Q1 2023, down 9.5% quarter-over-quarter.
  • 15 funds opened new Invesco Dividend Achievers ETF positions in Q1 2023 and 11 closed out, a net change of +4 holders.
  • The largest Invesco Dividend Achievers ETF buyer in Q1 2023 was Choreo LLC, an estimated $7.31M added.
  • The largest Invesco Dividend Achievers ETF seller in Q1 2023 was Bank of America, an estimated $20.1M sold.

Based on aggregated 13F filings for Q1 2023.