Invesco Financial Preferred ETF
PGF
191 hedge funds and large institutions have $396M invested in Invesco Financial Preferred ETF in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 81 increasing their positions, 46 reducing their positions, and 19 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 46
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.39% less ownership
Funds ownership: 24.31% → 21.92% (-2.4%)
7% less funds holding
Funds holding: 205 → 191 (-14)
13% less capital invested
Capital invested by funds: $455M → $396M (-$59.1M)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.33M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.79M |
| 2 |
AWS
AJ Wealth Strategies
New York
|
+$3.24M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.65M |
| 4 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$1.58M |
| 5 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$32.6M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$29.2M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$5.07M |
| 4 |
CRI
Colonial River Investments
Midlothian,
Virginia
|
-$1.25M |
| 5 |
FI
Financial Insights
Tacoma,
Washington
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSIA
201
Charles Schwab Investment Advisory
San Francisco,
California
| – | -$401K | -20,800 | Closed |
|
|
CL
202
Cabana LLC
Fayetteville,
Arkansas
| – | -$277K | -14,436 | Closed |
|
|
JWCA
203
J.W. Cole Advisors
Tampa,
Florida
| – | -$276K | -14,316 | Closed |
|
|
TSS
204
Two Sigma Securities
New York
| – | -$274K | -14,211 | Closed |
|
|
NL
205
NWAM LLC
Mercer Island,
Washington
| – | -$215K | -11,152 | Closed |
|
|
RIG
206
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$205K | -10,613 | Closed |
|
|
FI
207
Financial Insights
Tacoma,
Washington
| – | -$1.25M | -6,500 | Closed |
|
|
ACA
208
Aptus Capital Advisors
Fairhope,
Alabama
| – | -$51K | -2,645 | Closed |
|
|
SB
209
Strategic Blueprint
Atlanta,
Georgia
| – | -$39K | -2,012 | Closed |
|
|
EVM
210
Eaton Vance Management
Boston,
Massachusetts
| – | -$19K | -1,000 | Closed |
|
211
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -100 | Closed |
|
|
RF
212
Robbins Farley
Bedford,
New Hampshire
| – | +$57 | +3 | New |
|
PGF Hedge Fund Activity: Q3 2021 in Review
191 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2021, worth a combined $396M — down 13% from $455M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PGF and 10 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 81 added.
The largest buyer was Morgan Stanley, adding an estimated $4.79M. The largest seller was Exchange Traded Concepts, exiting entirely with an estimated $32.6M sold.
- 191 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2021, down from 205 in Q2 2021.
- Funds reported $396M of Invesco Financial Preferred ETF stock for Q3 2021, down 13% quarter-over-quarter.
- 10 funds opened new Invesco Financial Preferred ETF positions in Q3 2021 and 19 closed out, a net change of -9 holders.
- The largest Invesco Financial Preferred ETF buyer in Q3 2021 was Morgan Stanley, an estimated $4.79M added.
- The largest Invesco Financial Preferred ETF seller in Q3 2021 was Exchange Traded Concepts, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2021.