Invesco Financial Preferred ETF
PGF
191 hedge funds and large institutions have $318M invested in Invesco Financial Preferred ETF in 2019 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 59 increasing their positions, 49 reducing their positions, and 11 closing their positions.
35,000% more call options, than puts
Call options by funds: $351K | Put options by funds: $1K
282% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 11
20% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 49
19% more funds holding
Funds holding: 161 → 191 (+30)
0% less capital invested
Capital invested by funds: $319M → $318M (-$1.3M)
0.9% less ownership
Funds ownership: 20.71% → 19.82% (-0.9%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.6M |
| 2 |
Morgan Stanley
New York
|
+$3.2M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$1.66M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.55M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
Cabana LLC
Fayetteville,
Arkansas
|
-$17.6M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$14.2M |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
-$665K |
| 4 |
FAN
Financial Advisors Network
Tustin,
California
|
-$625K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GEA
201
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$1.88K | -100 | Closed |
|
202
Fidelity Investments
Boston,
Massachusetts
| – | +$56 | +3 | New |
|
PGF Hedge Fund Activity: Q4 2019 in Review
191 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2019, worth a combined $318M — down 0.41% from $319M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PGF positions and 11 closed out — a net gain of 31 holders — while 59 added to existing stakes and 49 trimmed.
The largest buyer was Bank of America, adding an estimated $4.6M. The largest seller was Cabana LLC, cutting an estimated $17.6M.
- 191 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2019, up from 161 in Q3 2019.
- Funds reported $318M of Invesco Financial Preferred ETF stock for Q4 2019, down 0.41% quarter-over-quarter.
- 42 funds opened new Invesco Financial Preferred ETF positions in Q4 2019 and 11 closed out, a net change of +31 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2019 was Bank of America, an estimated $4.6M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2019 was Cabana LLC, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2019.