Invesco Financial Preferred ETF
PGF
114 hedge funds and large institutions have $182M invested in Invesco Financial Preferred ETF in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
48% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 25
12% more capital invested
Capital invested by funds: $162M → $182M (+$19.7M)
6% more funds holding
Funds holding: 108 → 114 (+6)
1.12% more ownership
Funds ownership: 11.62% → 12.74% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.7M |
| 2 |
Morgan Stanley
New York
|
+$5.62M |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.81M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$2.39M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.92M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.55M |
| 3 |
IAS
IMA Advisory Services
Denver,
Colorado
|
-$1.78M |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$1.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$640K |
PGF Hedge Fund Activity: Q4 2014 in Review
114 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2014, worth a combined $182M — up 12% from $162M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PGF positions and 8 closed out — a net gain of 8 holders — while 37 added to existing stakes and 25 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $10.7M. The largest seller was Wells Fargo, cutting an estimated $3.92M.
- 114 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2014, up from 108 in Q3 2014.
- Funds reported $182M of Invesco Financial Preferred ETF stock for Q4 2014, up 12% quarter-over-quarter.
- 16 funds opened new Invesco Financial Preferred ETF positions in Q4 2014 and 8 closed out, a net change of +8 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2014 was Wellington Management Group, an estimated $10.7M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2014 was Wells Fargo, an estimated $3.92M sold.
Based on aggregated 13F filings for Q4 2014.