Invesco Financial Preferred ETF
PGF
167 hedge funds and large institutions have $262M invested in Invesco Financial Preferred ETF in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 18 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
2.38% less ownership
Funds ownership: 18.23% → 15.84% (-2.4%)
3% less funds holding
Funds holding: 172 → 167 (-5)
10% less capital invested
Capital invested by funds: $290M → $262M (-$27.7M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $182K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$1.09M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$892K |
| 3 |
DIP
DT Investment Partners
Chadds Ford,
Pennsylvania
|
+$677K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$651K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$24.9M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
-$6.46M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$4.81M |
| 4 |
AFS
Access Financial Services
Minneapolis,
Minnesota
|
-$2.91M |
| 5 |
BCM
Bluefin Capital Management
New York
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCA
176
Bay Colony Advisors
Concord,
Massachusetts
| – | -$34K | -1,827 | Closed |
|
177
SEI Investments
Oaks,
Pennsylvania
| – | -$24K | -1,289 | Closed |
|
|
JCM
178
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$19K | -1,017 | Closed |
|
|
POIA
179
Pin Oak Investment Advisors
Houston,
Texas
| – | -$16K | -844 | Closed |
|
|
CAC
180
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$7.35K | -400 | Closed |
|
|
CF
181
Centaurus Financial
Anaheim,
California
| – | -$5K | -286 | Closed |
|
|
AIM
182
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$1K | -68 | Closed |
|
183
Fidelity Investments
Boston,
Massachusetts
| – | +$37 | +2 | New |
|
184
Simplex Trading
Chicago,
Illinois
| – | +$239 | +13 | New |
|
PGF Hedge Fund Activity: Q3 2018 in Review
167 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2018, worth a combined $262M — down 9.6% from $290M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PGF and 14 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 59 added.
The largest buyer was Wolverine Trading, adding an estimated $1.09M. The largest seller was Horizon Investments, cutting an estimated $24.9M.
- 167 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2018, down from 172 in Q2 2018.
- Funds reported $262M of Invesco Financial Preferred ETF stock for Q3 2018, down 9.6% quarter-over-quarter.
- 14 funds opened new Invesco Financial Preferred ETF positions in Q3 2018 and 18 closed out, a net change of -4 holders.
- The largest Invesco Financial Preferred ETF buyer in Q3 2018 was Wolverine Trading, an estimated $1.09M added.
- The largest Invesco Financial Preferred ETF seller in Q3 2018 was Horizon Investments, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2018.