Invesco Financial Preferred ETF
PGF
118 hedge funds and large institutions have $190M invested in Invesco Financial Preferred ETF in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 24 reducing their positions, and 13 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 24
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
4% more funds holding
Funds holding: 114 → 118 (+4)
2% more capital invested
Capital invested by funds: $186M → $190M (+$4.44M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.12% less ownership
Funds ownership: 12.74% → 12.62% (-0.12%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $781K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$899K |
| 3 |
Jane Street
New York
|
+$869K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$728K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.54M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$2.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.31M |
| 4 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
-$926K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
126
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$37K | -2,000 | Closed |
|
|
NPC
127
National Planning Corporation
El Segundo,
California
| – | -$19.8K | -1,080 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$16K | -879 | Closed |
|
|
WTB
129
Washington Trust Bank
Spokane,
Washington
| – | -$14K | -750 | Closed |
|
|
RCG
130
Ruggie Capital Group
Tavares,
Florida
| – | -$11K | -590 | Closed |
|
PGF Hedge Fund Activity: Q1 2015 in Review
118 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2015, worth a combined $190M — up 2.4% from $186M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PGF positions and 13 closed out — a net gain of 6 holders — while 41 added to existing stakes and 24 trimmed.
The largest buyer was Transamerica Financial Advisors, opening a new position worth an estimated $4.71M. The largest seller was Wellington Management Group, cutting an estimated $5.54M.
- 118 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2015, up from 114 in Q4 2014.
- Funds reported $190M of Invesco Financial Preferred ETF stock for Q1 2015, up 2.4% quarter-over-quarter.
- 19 funds opened new Invesco Financial Preferred ETF positions in Q1 2015 and 13 closed out, a net change of +6 holders.
- The largest Invesco Financial Preferred ETF buyer in Q1 2015 was Transamerica Financial Advisors, an estimated $4.71M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2015 was Wellington Management Group, an estimated $5.54M sold.
Based on aggregated 13F filings for Q1 2015.