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Invesco Dividend Achievers ETF

85 hedge funds and large institutions have $190M invested in Invesco Dividend Achievers ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

42% more capital invested

Capital invested by funds: $134M → $190M (+$55.7M)

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

6% more funds holding

Funds holding: 8085 (+5)

6.21% more ownership

Funds ownership: 40.42%46.63% (+6.2%)

Holders
85
Holders Change
+5
Holders Change %
+6.25%
% of All Funds
1.72%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
27
Reduced
22
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$54M +$30.4M +1,014,730 +132%
Invesco
2
Invesco
Georgia
$16.2M -$851K -28,449 -5%
Morgan Stanley
3
Morgan Stanley
New York
$14.4M +$5.12M +171,049 +56%
Bank of America
4
Bank of America
North Carolina
$11.5M -$33.8K -1,131 -0.3%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$11.1M +$81K +2,708 +0.7%
RJA
6
Raymond James & Associates
Florida
$9.2M +$2.1M +70,326 +30%
JMPWA
7
JP Morgan Private Wealth Advisors
California
$8.9M -$367K -12,274 -4%
Wells Fargo
8
Wells Fargo
California
$8.77M +$366K +12,246 +4%
GLA
9
Good Life Advisors
Pennsylvania
$7.07M +$6.98M +233,379 New
RJFSA
10
Raymond James Financial Services Advisors
Florida
$5.06M -$79.8K -2,666 -2%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$4.64M +$1.26M +42,145 +38%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$4.46M +$1.78M +59,542 +68%
UBS Group
13
UBS Group
Switzerland
$2.56M +$65K +2,174 +3%
Osaic Holdings
14
Osaic Holdings
Arizona
$2.1M -$242K -8,086 -10%
FFN
15
Focus Financial Network
Minnesota
$1.96M +$19.4K +650 +1%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$1.74M +$1.68M +56,002 +4,230%
SFG
17
StrategIQ Financial Group
Indiana
$1.72M -$283K -9,465 -14%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$1.65M -$18.2K -608 -1%
KAS
19
Kestra Advisory Services
Texas
$1.43M +$1.42M +47,387 New
GVAG
20
Great Valley Advisor Group
Delaware
$1.29M +$540K +18,044 +74%
IFWM
21
Institute for Wealth Management
Colorado
$1.25M -$29.9K -1,000 -2%
Charles Schwab
22
Charles Schwab
California
$1.03M -$13.9K -463 -1%
Carson Wealth (CWM LLC)
23
Carson Wealth (CWM LLC)
Nebraska
$910K
WA
24
WBH Advisory
Maryland
$860K -$6.46K -216 -0.8%
CFG
25
Citizens Financial Group
Rhode Island
$804K +$162K +5,431 +26%

PFM Hedge Fund Activity: Q3 2020 in Review

85 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Dividend Achievers ETF (PFM) for Q3 2020, worth a combined $190M — up 42% from $134M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new PFM positions and 8 closed out — a net gain of 5 holders — while 27 added to existing stakes and 22 trimmed.

The largest buyer was LPL Financial, adding an estimated $30.4M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.04M sold.

  • 85 institutional investors held Invesco Dividend Achievers ETF (PFM) as of Q3 2020, up from 80 in Q2 2020.
  • Funds reported $190M of Invesco Dividend Achievers ETF stock for Q3 2020, up 42% quarter-over-quarter.
  • 13 funds opened new Invesco Dividend Achievers ETF positions in Q3 2020 and 8 closed out, a net change of +5 holders.
  • The largest Invesco Dividend Achievers ETF buyer in Q3 2020 was LPL Financial, an estimated $30.4M added.
  • The largest Invesco Dividend Achievers ETF seller in Q3 2020 was Citadel Advisors, an estimated $1.04M sold.

Based on aggregated 13F filings for Q3 2020.