Invesco Financial Preferred ETF
PGF
186 hedge funds and large institutions have $212M invested in Invesco Financial Preferred ETF in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 66 reducing their positions, and 27 closing their positions.
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 191 → 186 (-5)
4.28% less ownership
Funds ownership: 19.82% → 15.54% (-4.3%)
18% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 66
33% less capital invested
Capital invested by funds: $318M → $212M (-$106M)
67% less call options, than puts
Call options by funds: $640K | Put options by funds: $1.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.49M |
| 2 |
Morgan Stanley
New York
|
+$2.98M |
| 3 |
CTA
Chesley Taft & Associates
Chicago,
Illinois
|
+$1.86M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$1.82M |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
Cabana LLC
Fayetteville,
Arkansas
|
-$22.1M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$19.3M |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$8.86M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.79M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$7.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Mariner
Overland Park,
Kansas
| – | -$244K | -12,928 | Closed |
|
|
KFP
202
KMG Fiduciary Partners
Toledo,
Ohio
| – | -$191K | -10,125 | Closed |
|
|
RIA
203
Realta Investment Advisors
Wilmington,
Delaware
| – | -$110K | -6,015 | Closed |
|
|
CI
204
CX Institutional
Auburn,
Indiana
| – | -$93K | -4,945 | Closed |
|
|
RMAM
205
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$70K | -3,761 | Closed |
|
|
IA
206
IFP Advisors
Tampa,
Florida
| – | -$34.5K | -1,900 | Closed |
|
|
BCI
207
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$22K | -1,173 | Closed |
|
|
FWP
208
FAS Wealth Partners
Leawood,
Kansas
| – | -$16K | -864 | Closed |
|
|
CFG
209
Citizens Financial Group
Providence,
Rhode Island
| – | -$10K | -548 | Closed |
|
|
LFA
210
Lighthouse Financial Advisors
New Market,
Maryland
| – | -$1K | -99 | Closed |
|
|
EIP
211
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | +$18 | +1 | +9% |
|
|
PA
212
Procyon Advisors
Shelton,
Connecticut
| – | +$36 | +2 | New |
|
PGF Hedge Fund Activity: Q1 2020 in Review
186 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2020, worth a combined $212M — down 33% from $318M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PGF positions and 27 closed out — a net gain of 1 holder — while 54 added to existing stakes and 66 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.49M. The largest seller was Cabana LLC, exiting entirely with an estimated $22.1M sold.
- 186 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2020, down from 191 in Q4 2019.
- Funds reported $212M of Invesco Financial Preferred ETF stock for Q1 2020, down 33% quarter-over-quarter.
- 28 funds opened new Invesco Financial Preferred ETF positions in Q1 2020 and 27 closed out, a net change of +1 holder.
- The largest Invesco Financial Preferred ETF buyer in Q1 2020 was Wells Fargo, an estimated $5.49M added.
- The largest Invesco Financial Preferred ETF seller in Q1 2020 was Cabana LLC, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2020.