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Invesco Financial Preferred ETF
PGF

174 hedge funds and large institutions have $185M invested in Invesco Financial Preferred ETF in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 67 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

636% more call options, than puts

Call options by funds: $405K | Put options by funds: $55K

2.85% less ownership

Funds ownership: 22.58% → 19.73% (-2.8%)

4% less funds holding

Funds holding: 182 → 174 (-8)

12% less capital invested

Capital invested by funds: $211M → $185M (-$25.9M)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

43% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 67

Holders
174
Holders Change
-8
Holders Change %
-4.4%
% of All Funds
2.51%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
12
Increased
38
Reduced
67
Closed
17
Calls
$405K
Puts
$55K
Net Calls
+$350K
Net Calls Change
+$83K

Top Buyers

Rank Fund Capital Flow
1
RH
RFG Holdings
Texas
+$13M
2
EW
Evoke Wealth
California
+$3.36M
3
LPL Financial
LPL Financial
California
+$2.45M
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$884K
5
Wells Fargo
Wells Fargo
California
+$455K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$31.4M
2
Bank of America
Bank of America
North Carolina
-$6.74M
3
OMC
Old Mission Capital
Illinois
-$1.86M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.62M
5
PAG
Private Advisor Group
New Jersey
-$1.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
Lido Advisors
176
Lido Advisors
California
– -$505K -34,606 Closed
Koshinski Asset Management
177
Koshinski Asset Management
Illinois
– -$253K -17,334 Closed
HF
178
HRT Financial
New York
– -$244K -16,772 Closed
KF
179
Krilogy Financial
Missouri
– -$233K -16,006 Closed
MI
180
Motiv8 Investments
Florida
– -$221K -15,150 Closed
TSS
181
Two Sigma Securities
New York
– -$183K -12,583 Closed
JWCA
182
J.W. Cole Advisors
Florida
– -$163K -11,179 Closed
DI
183
DAGCO Inc
Ohio
– -$136K -9,320 Closed
DWS
184
Dynamic Wealth Strategies
California
– -$136K -9,320 Closed
LC
185
Lindbrook Capital
California
– -$117K -8,000 Closed
NFA
186
Northwest Financial Advisors
Virginia
– -$17.3K -1,190 Closed
GI
187
Gradient Investments
Minnesota
– -$15.7K -1,074 Closed
GGI
188
Godsey & Gibb Inc
Virginia
– -$14.6K -1,000 Closed
AC
189
AlphaCore Capital
California
– -$7.29K -500 Closed
SC
190
SouthState Corp
Florida
– -$3.35K -230 Closed
Simplex Trading
191
Simplex Trading
Illinois
– -$2K -166 Closed
4 5 6 7
8

PGF Hedge Fund Activity: Q1 2024 in Review

174 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2024, worth a combined $185M — down 12% from $211M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of PGF and 12 opened new positions — a net loss of 5 holders — while 67 trimmed existing stakes and 38 added.

The largest buyer was RFG Holdings, opening a new position worth an estimated $13M. The largest seller was Morgan Stanley, cutting an estimated $31.4M.

  • 174 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2024, down from 182 in Q4 2023.
  • Funds reported $185M of Invesco Financial Preferred ETF stock for Q1 2024, down 12% quarter-over-quarter.
  • 12 funds opened new Invesco Financial Preferred ETF positions in Q1 2024 and 17 closed out, a net change of -5 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q1 2024 was RFG Holdings, an estimated $13M added.
  • The largest Invesco Financial Preferred ETF seller in Q1 2024 was Morgan Stanley, an estimated $31.4M sold.

Based on aggregated 13F filings for Q1 2024.