Invesco Financial Preferred ETF
PGF
210 hedge funds and large institutions have $394M invested in Invesco Financial Preferred ETF in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 71 increasing their positions, 49 reducing their positions, and 7 closing their positions.
529% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 7
45% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 49
34% more capital invested
Capital invested by funds: $293M → $394M (+$101M)
19% more funds holding
Funds holding: 176 → 210 (+34)
3.37% more ownership
Funds ownership: 18.54% → 21.91% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$33.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.85M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.69M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.95M |
| 5 |
Morgan Stanley
New York
|
+$3.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$995K |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$759K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$611K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$547K |
| 5 |
RM
Resource Management
Metairie,
Louisiana
|
-$506K |
PGF Hedge Fund Activity: Q4 2020 in Review
210 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2020, worth a combined $394M — up 34% from $293M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PGF positions and 7 closed out — a net gain of 37 holders — while 71 added to existing stakes and 49 trimmed.
The largest buyer was Exchange Traded Concepts, adding an estimated $33.8M. The largest seller was Citadel Advisors, exiting entirely with an estimated $995K sold.
- 210 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2020, up from 176 in Q3 2020.
- Funds reported $394M of Invesco Financial Preferred ETF stock for Q4 2020, up 34% quarter-over-quarter.
- 44 funds opened new Invesco Financial Preferred ETF positions in Q4 2020 and 7 closed out, a net change of +37 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2020 was Exchange Traded Concepts, an estimated $33.8M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2020 was Citadel Advisors, an estimated $995K sold.
Based on aggregated 13F filings for Q4 2020.