Invesco Financial Preferred ETF
PGF
182 hedge funds and large institutions have $211M invested in Invesco Financial Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 67 reducing their positions, and 24 closing their positions.
4,450% more call options, than puts
Call options by funds: $273K | Put options by funds: $6K
1.42% more ownership
Funds ownership: 21.15% → 22.58% (+1.4%)
1% more capital invested
Capital invested by funds: $208M → $211M (+$2.99M)
2% less funds holding
Funds holding: 185 → 182 (-3)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
42% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 67
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.2M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.63M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.39M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.36M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFO
Custos Family Office
Austin,
Texas
|
-$8.84M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$6.44M |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
-$6.04M |
| 4 |
Jane Street
New York
|
-$3.89M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$2.09M |
PGF Hedge Fund Activity: Q4 2023 in Review
182 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2023, worth a combined $211M — up 1.4% from $208M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PGF and 21 opened new positions — a net loss of 3 holders — while 67 trimmed existing stakes and 39 added.
The largest buyer was Morgan Stanley, adding an estimated $24.2M. The largest seller was Custos Family Office, exiting entirely with an estimated $8.84M sold.
- 182 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2023, down from 185 in Q3 2023.
- Funds reported $211M of Invesco Financial Preferred ETF stock for Q4 2023, up 1.4% quarter-over-quarter.
- 21 funds opened new Invesco Financial Preferred ETF positions in Q4 2023 and 24 closed out, a net change of -3 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2023 was Morgan Stanley, an estimated $24.2M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2023 was Custos Family Office, an estimated $8.84M sold.
Based on aggregated 13F filings for Q4 2023.