Invesco Financial Preferred ETF
PGF
172 hedge funds and large institutions have $297M invested in Invesco Financial Preferred ETF in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 14 closing their positions.
150% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 14
33% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 46
13% more funds holding
Funds holding: 152 → 172 (+20)
6% more capital invested
Capital invested by funds: $279M → $297M (+$17.7M)
1.05% more ownership
Funds ownership: 16.76% → 17.81% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.53M |
| 2 |
AWS
AJ Wealth Strategies
New York
|
+$2.16M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.42M |
| 4 |
Renaissance Technologies
New York
|
+$967K |
| 5 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.26M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.17M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$1.08M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.03M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$885K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
176
Two Sigma Securities
New York
| – | -$212K | -11,187 | Closed |
|
|
CHA
177
Cedar Hill Associates
Chicago,
Illinois
| – | -$210K | -11,068 | Closed |
|
|
VF
178
Virtu Financial
New York
| – | -$203K | -10,717 | Closed |
|
|
RJT
179
Raymond James Trust
St. Petersburg,
Florida
| – | -$193K | -10,185 | Closed |
|
|
NFG
180
Next Financial Group
Houston,
Texas
| – | -$84K | -4,452 | Closed |
|
|
MCIA
181
Mountain Capital Investment Advisors
Westminster,
Colorado
| – | -$57K | -3,014 | Closed |
|
|
OAM
182
Oppenheimer Asset Management
New York
| – | -$32K | -1,700 | Closed |
|
|
AF
183
Allworth Financial
Folsom,
California
| – | -$28K | -1,500 | Closed |
|
|
PFA
184
Pathway Financial Advisors
South Burlington,
Vermont
| – | +$114 | +6 | New |
|
185
Simplex Trading
Chicago,
Illinois
| – | +$397 | +21 | New |
|
PGF Hedge Fund Activity: Q4 2017 in Review
172 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2017, worth a combined $297M — up 6.3% from $279M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new PGF positions and 14 closed out — a net gain of 21 holders — while 61 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $9.53M. The largest seller was UBS Group, cutting an estimated $1.26M.
- 172 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2017, up from 152 in Q3 2017.
- Funds reported $297M of Invesco Financial Preferred ETF stock for Q4 2017, up 6.3% quarter-over-quarter.
- 35 funds opened new Invesco Financial Preferred ETF positions in Q4 2017 and 14 closed out, a net change of +21 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2017 was Bank of America, an estimated $9.53M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2017 was UBS Group, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2017.