Invesco Financial Preferred ETF
PGF
206 hedge funds and large institutions have $432M invested in Invesco Financial Preferred ETF in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $394M → $432M (+$38.3M)
1.83% more ownership
Funds ownership: 21.91% → 23.74% (+1.8%)
6% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 66
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
2% less funds holding
Funds holding: 210 → 206 (-4)
85% less call options, than puts
Call options by funds: $264K | Put options by funds: $1.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$24.5M |
| 2 |
Morgan Stanley
New York
|
+$17.8M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$5.1M |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$4.07M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.21M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.57M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$2.39M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.37M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.98M |
PGF Hedge Fund Activity: Q1 2021 in Review
206 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2021, worth a combined $432M — up 9.7% from $394M a quarter earlier.
Fund positioning in PGF was balanced in Q1 2021: 20 funds opened new positions, 20 closed out, 70 added to existing stakes and 66 trimmed.
The largest buyer was Foundations Investment Advisors, adding an estimated $24.5M. The largest seller was Royal Bank of Canada, cutting an estimated $6.21M.
- 206 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2021, down from 210 in Q4 2020.
- Funds reported $432M of Invesco Financial Preferred ETF stock for Q1 2021, up 9.7% quarter-over-quarter.
- 20 funds opened new Invesco Financial Preferred ETF positions in Q1 2021 and 20 closed out, a net change of 0 holders.
- The largest Invesco Financial Preferred ETF buyer in Q1 2021 was Foundations Investment Advisors, an estimated $24.5M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2021 was Royal Bank of Canada, an estimated $6.21M sold.
Based on aggregated 13F filings for Q1 2021.