Invesco Financial Preferred ETF
PGF
187 hedge funds and large institutions have $223M invested in Invesco Financial Preferred ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 61 reducing their positions, and 45 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.17% less ownership
Funds ownership: 22.91% → 20.75% (-2.2%)
11% less capital invested
Capital invested by funds: $250M → $223M (-$27.3M)
13% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 61
17% less funds holding
Funds holding: 226 → 187 (-39)
33% less call options, than puts
Call options by funds: $244K | Put options by funds: $364K
73% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
+$3.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.96M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.89M |
| 4 |
CFO
Custos Family Office
Austin,
Texas
|
+$1.78M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.1M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$2.74M |
| 4 |
Cohen & Steers
New York
|
-$2.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.76M |
PGF Hedge Fund Activity: Q1 2023 in Review
187 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2023, worth a combined $223M — down 11% from $250M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of PGF and 12 opened new positions — a net loss of 33 holders — while 61 trimmed existing stakes and 53 added.
The largest buyer was Rockefeller Capital Management, adding an estimated $3.83M. The largest seller was Jane Street, cutting an estimated $16.1M.
- 187 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2023, down from 226 in Q4 2022.
- Funds reported $223M of Invesco Financial Preferred ETF stock for Q1 2023, down 11% quarter-over-quarter.
- 12 funds opened new Invesco Financial Preferred ETF positions in Q1 2023 and 45 closed out, a net change of -33 holders.
- The largest Invesco Financial Preferred ETF buyer in Q1 2023 was Rockefeller Capital Management, an estimated $3.83M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2023 was Jane Street, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2023.