Invesco Financial Preferred ETF
PGF
185 hedge funds and large institutions have $208M invested in Invesco Financial Preferred ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
2% more funds holding
Funds holding: 181 → 185 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.52% less ownership
Funds ownership: 21.67% → 21.15% (-0.52%)
8% less capital invested
Capital invested by funds: $226M → $208M (-$17.8M)
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.62M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$848K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$842K |
| 5 |
CFO
Custos Family Office
Austin,
Texas
|
+$707K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$13.7M |
| 2 |
BFS
Bard Financial Services
Branford,
Connecticut
|
-$1.13M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$1.11M |
| 4 |
Renaissance Technologies
New York
|
-$1.08M |
| 5 |
FCA
FinTrust Capital Advisors
Greenville,
South Carolina
|
-$813K |
PGF Hedge Fund Activity: Q3 2023 in Review
185 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2023, worth a combined $208M — down 7.9% from $226M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PGF positions and 13 closed out — a net gain of 7 holders — while 49 added to existing stakes and 59 trimmed.
The largest buyer was Jane Street, adding an estimated $1.92M. The largest seller was Rockefeller Capital Management, exiting entirely with an estimated $13.7M sold.
- 185 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2023, up from 181 in Q2 2023.
- Funds reported $208M of Invesco Financial Preferred ETF stock for Q3 2023, down 7.9% quarter-over-quarter.
- 20 funds opened new Invesco Financial Preferred ETF positions in Q3 2023 and 13 closed out, a net change of +7 holders.
- The largest Invesco Financial Preferred ETF buyer in Q3 2023 was Jane Street, an estimated $1.92M added.
- The largest Invesco Financial Preferred ETF seller in Q3 2023 was Rockefeller Capital Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2023.