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Invesco Financial Preferred ETF

173 hedge funds and large institutions have $360M invested in Invesco Financial Preferred ETF in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 36 increasing their positions, 63 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

37% more capital invested

Capital invested by funds: $262M → $360M (+$97.9M)

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

8.98% more ownership

Funds ownership: 15.84%24.82% (+9%)

4% more funds holding

Funds holding: 167173 (+6)

43% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 63

Holders
173
Holders Change
+6
Holders Change %
+3.59%
% of All Funds
3.85%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.09%
New
35
Increased
36
Reduced
63
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
51
Citigroup
New York
$631K -$84.9K -4,811 -12%
Stifel Financial
52
Stifel Financial
Missouri
$623K -$30.7K -1,738 -5%
RIA
53
Regal Investment Advisors
Michigan
$611K +$12K +678 +2%
PMG
54
ProVise Management Group
Florida
$596K
HCM
55
Hollencrest Capital Management
California
$550K
OIA
56
Optimum Investment Advisors
Illinois
$550K
BMA
57
Brooks Moore & Associates
Tennessee
$543K +$552K +31,299 New
GAM
58
Gould Asset Management
California
$541K +$2.29K +130 +0.4%
NFG
59
Noven Financial Group
Colorado
$531K -$481K -27,262 -47%
DADC
60
D.A. Davidson & Co
Montana
$526K
SAM
61
SignalPoint Asset Management
Missouri
$496K -$26.2K -1,487 -5%
BF
62
BOK Financial
Oklahoma
$486K
IFWM
63
Institute for Wealth Management
Colorado
$480K +$487K +27,624 New
Fifth Third Bancorp
64
Fifth Third Bancorp
Ohio
$454K +$217K +12,289 +89%
CFA
65
Cahill Financial Advisors
Minnesota
$437K +$40.6K +2,300 +10%
EWM
66
Endurance Wealth Management
Rhode Island
$431K
Creative Planning
67
Creative Planning
Kansas
$424K -$30.6K -1,732 -7%
FSA
68
Fort Sheridan Advisors
Illinois
$411K +$418K +23,700 New
JA
69
JOYN Advisors
Georgia
$404K -$31.8K -1,802 -7%
AWM
70
Affinity Wealth Management
Delaware
$399K +$405K +22,977 New
AWS
71
AJ Wealth Strategies
New York
$369K -$6.46K -366 -2%
AF
72
Affiance Financial
Minnesota
$358K -$85.2K -4,830 -19%
SPC
73
Sigma Planning Corp
Michigan
$344K +$8.1K +459 +2%
FMWA
74
Forvis Mazars Wealth Advisors
Missouri
$343K
FAAS
75
First Allied Advisory Services
California
$341K -$141K -7,980 -29%

PGF Hedge Fund Activity: Q4 2018 in Review

173 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2018, worth a combined $360M — up 37% from $262M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PGF positions and 26 closed out — a net gain of 9 holders — while 36 added to existing stakes and 63 trimmed.

The largest buyer was Bank of America, adding an estimated $103M. The largest seller was Ameriprise, exiting entirely with an estimated $23.4M sold.

  • 173 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2018, up from 167 in Q3 2018.
  • Funds reported $360M of Invesco Financial Preferred ETF stock for Q4 2018, up 37% quarter-over-quarter.
  • 35 funds opened new Invesco Financial Preferred ETF positions in Q4 2018 and 26 closed out, a net change of +9 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q4 2018 was Bank of America, an estimated $103M added.
  • The largest Invesco Financial Preferred ETF seller in Q4 2018 was Ameriprise, an estimated $23.4M sold.

Based on aggregated 13F filings for Q4 2018.