Invesco Financial Preferred ETF
PGF
170 hedge funds and large institutions have $276M invested in Invesco Financial Preferred ETF in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
30% more capital invested
Capital invested by funds: $213M → $276M (+$63.3M)
2.47% more ownership
Funds ownership: 15.96% → 18.42% (+2.5%)
8% less funds holding
Funds holding: 184 → 170 (-14)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $589K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$50.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.83M |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$2.29M |
| 4 |
AWS
AJ Wealth Strategies
New York
|
+$2.21M |
| 5 |
CL
Cabana LLC
Fayetteville,
Arkansas
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$7.05M |
| 2 |
Renaissance Technologies
New York
|
-$2.22M |
| 3 |
Jane Street
New York
|
-$2.14M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.47M |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$1.47M |
PGF Hedge Fund Activity: Q2 2019 in Review
170 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q2 2019, worth a combined $276M — up 30% from $213M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PGF and 17 opened new positions — a net loss of 10 holders — while 41 trimmed existing stakes and 57 added.
The largest buyer was Foundations Investment Advisors, adding an estimated $50.5M. The largest seller was Joseph P. Lucia & Associates, cutting an estimated $7.05M.
- 170 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q2 2019, down from 184 in Q1 2019.
- Funds reported $276M of Invesco Financial Preferred ETF stock for Q2 2019, up 30% quarter-over-quarter.
- 17 funds opened new Invesco Financial Preferred ETF positions in Q2 2019 and 27 closed out, a net change of -10 holders.
- The largest Invesco Financial Preferred ETF buyer in Q2 2019 was Foundations Investment Advisors, an estimated $50.5M added.
- The largest Invesco Financial Preferred ETF seller in Q2 2019 was Joseph P. Lucia & Associates, an estimated $7.05M sold.
Based on aggregated 13F filings for Q2 2019.