Invesco Financial Preferred ETF
PGF
153 hedge funds and large institutions have $295M invested in Invesco Financial Preferred ETF in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 53 reducing their positions, and 22 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 53
2.74% less ownership
Funds ownership: 20.38% → 17.64% (-2.7%)
3% less funds holding
Funds holding: 158 → 153 (-5)
14% less capital invested
Capital invested by funds: $342M → $295M (-$47.5M)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $839K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$5.12M |
| 2 |
AP
Appleton Partners
Boston,
Massachusetts
|
+$3.69M |
| 3 |
SG Americas Securities
New York
|
+$3.12M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$2.36M |
| 5 |
AWS
AJ Wealth Strategies
New York
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$47.4M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$19.3M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$4.95M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$1.76M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.59M |
PGF Hedge Fund Activity: Q1 2017 in Review
153 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2017, worth a combined $295M — down 14% from $342M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PGF and 18 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 52 added.
The largest buyer was Access Financial Services, adding an estimated $5.12M. The largest seller was Bank of America, cutting an estimated $47.4M.
- 153 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2017, down from 158 in Q4 2016.
- Funds reported $295M of Invesco Financial Preferred ETF stock for Q1 2017, down 14% quarter-over-quarter.
- 18 funds opened new Invesco Financial Preferred ETF positions in Q1 2017 and 22 closed out, a net change of -4 holders.
- The largest Invesco Financial Preferred ETF buyer in Q1 2017 was Access Financial Services, an estimated $5.12M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2017 was Bank of America, an estimated $47.4M sold.
Based on aggregated 13F filings for Q1 2017.