Invesco Financial Preferred ETF
PGF
135 hedge funds and large institutions have $341M invested in Invesco Financial Preferred ETF in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 26 reducing their positions, and 11 closing their positions.
155% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 11
90% more capital invested
Capital invested by funds: $180M → $341M (+$161M)
88% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 26
13% more funds holding
Funds holding: 119 → 135 (+16)
9.24% more ownership
Funds ownership: 12.66% → 21.9% (+9.2%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$23.3M |
| 2 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$22.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$21.4M |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
+$18.5M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$3.54M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.85M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$833K |
| 4 |
JA
JOYN Advisors
Atlanta,
Georgia
|
-$488K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$347K |
PGF Hedge Fund Activity: Q4 2015 in Review
135 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2015, worth a combined $341M — up 90% from $180M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PGF positions and 11 closed out — a net gain of 17 holders — while 49 added to existing stakes and 26 trimmed.
The largest buyer was LPL Financial, adding an estimated $23.3M. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $3.54M sold.
- 135 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2015, up from 119 in Q3 2015.
- Funds reported $341M of Invesco Financial Preferred ETF stock for Q4 2015, up 90% quarter-over-quarter.
- 28 funds opened new Invesco Financial Preferred ETF positions in Q4 2015 and 11 closed out, a net change of +17 holders.
- The largest Invesco Financial Preferred ETF buyer in Q4 2015 was LPL Financial, an estimated $23.3M added.
- The largest Invesco Financial Preferred ETF seller in Q4 2015 was Bluefin Capital Management, an estimated $3.54M sold.
Based on aggregated 13F filings for Q4 2015.