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Invesco Financial Preferred ETF

173 hedge funds and large institutions have $360M invested in Invesco Financial Preferred ETF in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 36 increasing their positions, 63 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

37% more capital invested

Capital invested by funds: $262M → $360M (+$97.9M)

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

8.98% more ownership

Funds ownership: 15.84%24.82% (+9%)

4% more funds holding

Funds holding: 167173 (+6)

43% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 63

Holders
173
Holders Change
+6
Holders Change %
+3.59%
% of All Funds
3.85%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.09%
New
35
Increased
36
Reduced
63
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IBOK
151
Independence Bank of Kentucky
Kentucky
$16K
RFA
152
Reilly Financial Advisors
California
$12K -$23.8K -1,350 -66%
CIAS
153
Capital Investment Advisory Services
North Carolina
$10K +$10.5K +594 New
CAGAS
154
Capital Advisory Group Advisory Services
Minnesota
$9K -$1.76K -100 -17%
BWM
155
BerganKDV Wealth Management
Minnesota
$9K
BWL
156
Bogart Wealth LLC
Virginia
$9K
MFW
157
Mosaic Family Wealth
Missouri
$9K
WIM
158
Westside Investment Management
California
$8.4K
IFAM
159
Institutional & Family Asset Management
Colorado
$8K
BFEC
160
Benjamin F. Edwards & Company
Missouri
$7K -$19K -1,076 -72%
GWMIA
161
Global Wealth Management Investment Advisory
Florida
$7K +$7.43K +421 New
LFG
162
Larson Financial Group
Missouri
$6K +$5.96K +338 New
DSC
163
Duncker Streett & Co
Missouri
$5K
GWS
164
Glassman Wealth Services
Virginia
$4K
AWM
165
AllSquare Wealth Management
New York
$3K
AA
166
AlphaMark Advisors
Kentucky
$3K
LPWM
167
Lake Point Wealth Management
Texas
$3K +$3.1K +176 New
Rockefeller Capital Management
168
Rockefeller Capital Management
New York
$2K +$1.76K +100 New
SFA
169
Semmax Financial Advisors
North Carolina
$1K +$741 +42 New
NA
170
NewEdge Advisors
Louisiana
$639 -$67K -3,798 -9%
WA
171
WBH Advisory
Maryland
$341 -$130K -7,373 -27%
WBG
172
Wharton Business Group
Pennsylvania
-$6.95M -381,815 Closed
JMPWA
173
JP Morgan Private Wealth Advisors
California
-$1.41M -77,293 Closed
PWM
174
Paulson Wealth Management
Illinois
-$797K -44,679 Closed
FFS
175
Founders Financial Securities
Maryland
-$789K -43,366 Closed

PGF Hedge Fund Activity: Q4 2018 in Review

173 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2018, worth a combined $360M — up 37% from $262M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PGF positions and 26 closed out — a net gain of 9 holders — while 36 added to existing stakes and 63 trimmed.

The largest buyer was Bank of America, adding an estimated $103M. The largest seller was Ameriprise, exiting entirely with an estimated $23.4M sold.

  • 173 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2018, up from 167 in Q3 2018.
  • Funds reported $360M of Invesco Financial Preferred ETF stock for Q4 2018, up 37% quarter-over-quarter.
  • 35 funds opened new Invesco Financial Preferred ETF positions in Q4 2018 and 26 closed out, a net change of +9 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q4 2018 was Bank of America, an estimated $103M added.
  • The largest Invesco Financial Preferred ETF seller in Q4 2018 was Ameriprise, an estimated $23.4M sold.

Based on aggregated 13F filings for Q4 2018.