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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
SFM
76
Signet Financial Management
New Jersey
$332K +$3.9K +221 +1%
OC
77
Oppenheimer & Co
New York
$329K -$81.7K -4,633 -20%
HighTower Advisors
78
HighTower Advisors
Illinois
$326K +$8.05K +456 +3%
DP
79
Dearborn Partners
Illinois
$315K +$320K +18,146 New
NNP
80
Nachman Norwood & Parrott
South Carolina
$315K +$320K +18,155 New
Janney Montgomery Scott
81
Janney Montgomery Scott
Pennsylvania
$314K +$5.96K +338 +2%
WS
82
Wedbush Securities
California
$311K -$22.6K -1,279 -7%
BW
83
Bison Wealth
Georgia
$304K
IWA
84
IBEX Wealth Advisors
New Jersey
$293K +$298K +16,890 New
Goldman Sachs
85
Goldman Sachs
New York
$288K -$1.33M -75,113 -82%
KIG
86
Kessler Investment Group
Indiana
$286K +$4.34K +246 +2%
CA
87
Cetera Advisors
Colorado
$284K -$139K -7,903 -33%
Baird Financial Group
88
Baird Financial Group
Wisconsin
$275K +$1.15K +65 +0.4%
AFM
89
Abbot Financial Management
Massachusetts
$272K
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$272K +$22.3K +1,264 +9%
ONB
91
Old National Bancorp
Indiana
$268K
CAPTRUST Financial Advisors
92
CAPTRUST Financial Advisors
North Carolina
$260K
RT
93
Rockland Trust
Massachusetts
$250K -$174K -9,840 -41%
CHA
94
Carmichael Hill & Associates
Maryland
$250K -$18.8K -1,065 -7%
US Bancorp
95
US Bancorp
Minnesota
$250K -$2.91K -165 -1%
CCA
96
Clearwater Capital Advisors
Illinois
$244K -$436K -24,718 -64%
MIAN
97
Mariner Independent Advisor Network
Kansas
$244K +$2.96K +168 +1%
ACM
98
Aviance Capital Management
Florida
$235K -$339K -19,190 -59%
SBIA
99
Sheaff Brock Investment Advisors
Indiana
$228K +$31.8K +1,800 +16%
CAN
100
Claraphi Advisory Network
United States
$224K -$26.5K -1,501 -10%

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.