Invesco Financial Preferred ETF
PGF
169 hedge funds and large institutions have $286M invested in Invesco Financial Preferred ETF in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 60 reducing their positions, and 17 closing their positions.
0.24% more ownership
Funds ownership: 17.81% → 18.05% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
4% less capital invested
Capital invested by funds: $297M → $286M (-$10.8M)
2% less funds holding
Funds holding: 172 → 169 (-3)
10% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 60
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $232K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CNO Financial Group
Carmel,
Indiana
|
+$18.5M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$3.94M |
| 3 |
PI
PineBridge Investments
New York
|
+$3.55M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$2.7M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$13.4M |
| 2 |
AWS
AJ Wealth Strategies
New York
|
-$7.42M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.38M |
| 4 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$3.05M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.42M |
PGF Hedge Fund Activity: Q1 2018 in Review
169 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2018, worth a combined $286M — down 3.6% from $297M a quarter earlier.
Fund positioning in PGF was balanced in Q1 2018: 17 funds opened new positions, 17 closed out, 54 added to existing stakes and 60 trimmed.
The largest buyer was CNO Financial Group, opening a new position worth an estimated $18.5M. The largest seller was Bank of America, cutting an estimated $13.4M.
- 169 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2018, down from 172 in Q4 2017.
- Funds reported $286M of Invesco Financial Preferred ETF stock for Q1 2018, down 3.6% quarter-over-quarter.
- 17 funds opened new Invesco Financial Preferred ETF positions in Q1 2018 and 17 closed out, a net change of 0 holders.
- The largest Invesco Financial Preferred ETF buyer in Q1 2018 was CNO Financial Group, an estimated $18.5M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2018 was Bank of America, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2018.