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Invesco Dividend Achievers ETF

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: 123125 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (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
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$109M -$4.19M -114,510 -4%
Morgan Stanley
2
Morgan Stanley
New York
$33.5M -$77.7K -2,123 -0.2%
FAM
3
Flaharty Asset Management
Florida
$25.9M +$1.4M +38,187 +6%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$16.9M -$94.7K -2,588 -0.6%
Invesco
5
Invesco
Georgia
$16.3M +$239K +6,522 +1%
Bank of America
6
Bank of America
North Carolina
$16M -$20.1M -550,018 -56%
WSTAM
7
Wilbanks Smith & Thomas Asset Management
Virginia
$14.8M +$163K +4,444 +1%
APWA
8
Atlas Private Wealth Advisors
New Jersey
$14.2M +$1.89M +51,556 +15%
Osaic Holdings
9
Osaic Holdings
Arizona
$12.8M -$17.5M -478,175 -58%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$9.28M -$250K -6,825 -3%
Mariner
11
Mariner
Kansas
$8.86M +$942K +25,729 +12%
RJA
12
Raymond James & Associates
Florida
$8.55M -$122K -3,347 -1%
CL
13
Choreo LLC
Illinois
$7.31M +$7.31M +199,673 New
Wells Fargo
14
Wells Fargo
California
$5.7M -$51.5K -1,408 -0.9%
UBS Group
15
UBS Group
Switzerland
$4.35M -$266K -7,280 -6%
CFG
16
Citizens Financial Group
Rhode Island
$4.3M +$18K +491 +0.4%
JMPWA
17
JP Morgan Private Wealth Advisors
California
$3.99M -$189K -5,167 -5%
FFN
18
Focus Financial Network
Minnesota
$3.77M +$72.9K +1,993 +2%
TWC
19
TD Waterhouse Canada
Ontario, Canada
$2.43M -$58.6K -1,602 -2%
NRI
20
NFP Retirement Inc
California
$2.42M +$76.8K +2,100 +3%
AAS
21
Avantax Advisory Services
Texas
$2.28M +$143K +3,919 +7%
MCM
22
MAI Capital Management
Ohio
$2.13M -$14K -382 -0.7%
SFG
23
StrategIQ Financial Group
Indiana
$2.01M +$219K +5,979 +12%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$1.81M -$447K -12,221 -20%
CAGAS
25
Capital Advisory Group Advisory Services
Minnesota
$1.79M +$3.59K +98 +0.2%

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.