Invesco Dividend Achievers ETF
PFM
67 hedge funds and large institutions have $103M invested in Invesco Dividend Achievers ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 18 closing their positions.
6.62% more ownership
Funds ownership: 33.3% → 39.92% (+6.6%)
5% less capital invested
Capital invested by funds: $108M → $103M (-$4.92M)
12% less funds holding
Funds holding: 76 → 67 (-9)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.3M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$9.38M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.73M |
| 5 |
Morgan Stanley
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.58M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.91M |
| 3 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$1.27M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$1.22M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$556K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NEGWA
76
New England Guild Wealth Advisors
Avon,
Connecticut
| – | -$246K | -8,025 | Closed |
|
|
CA
77
Cetera Advisors
Denver,
Colorado
| – | -$240K | -7,819 | Closed |
|
|
WF
78
Welch & Forbes
Boston,
Massachusetts
| – | -$208K | -6,760 | Closed |
|
|
BAM
79
Belpointe Asset Management
Reno,
Nevada
| – | -$125K | -4,068 | Closed |
|
|
ACM
80
Allred Capital Management
Dallas,
Texas
| – | -$52.4K | -1,710 | Closed |
|
|
TCWM
81
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$43K | -1,396 | Closed |
|
82
JP Morgan Chase
New York
| – | -$29K | -940 | Closed |
|
|
RIA
83
Realta Investment Advisors
Wilmington,
Delaware
| – | -$9K | -300 | Closed |
|
|
PFGIA
84
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$7K | -240 | Closed |
|
|
OPS
85
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$4K | -135 | Closed |
|
86
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -43 | Closed |
|
PFM Hedge Fund Activity: Q1 2020 in Review
67 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco Dividend Achievers ETF (PFM) for Q1 2020, worth a combined $103M — down 4.6% from $108M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PFM and 12 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was LPL Financial, adding an estimated $10.3M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $3.58M sold.
- 67 institutional investors held Invesco Dividend Achievers ETF (PFM) as of Q1 2020, down from 76 in Q4 2019.
- Funds reported $103M of Invesco Dividend Achievers ETF stock for Q1 2020, down 4.6% quarter-over-quarter.
- 12 funds opened new Invesco Dividend Achievers ETF positions in Q1 2020 and 18 closed out, a net change of -6 holders.
- The largest Invesco Dividend Achievers ETF buyer in Q1 2020 was LPL Financial, an estimated $10.3M added.
- The largest Invesco Dividend Achievers ETF seller in Q1 2020 was Envestnet Asset Management, an estimated $3.58M sold.
Based on aggregated 13F filings for Q1 2020.