Invesco Financial Preferred ETF
PGF
131 hedge funds and large institutions have $284M invested in Invesco Financial Preferred ETF in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 16 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
11% more capital invested
Capital invested by funds: $255M → $284M (+$28.5M)
2% more funds holding
Funds holding: 128 → 131 (+3)
0.34% more ownership
Funds ownership: 16.07% → 16.42% (+0.34%)
34% less call options, than puts
Call options by funds: $262K | Put options by funds: $395K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.54M |
| 3 |
UFF
USA Financial Formulas
Ada,
Michigan
|
+$3.95M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$2.79M |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$2.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$19M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.25M |
| 3 |
AIG
American International Group
New York
|
-$1.61M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$828K |
| 5 |
SPWA
SteelBridge Private Wealth Advisors
Naples,
Florida
|
-$500K |
PGF Hedge Fund Activity: Q2 2016 in Review
131 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q2 2016, worth a combined $284M — up 11% from $255M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PGF positions and 16 closed out — a net gain of 5 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13.8M. The largest seller was LPL Financial, cutting an estimated $19M.
- 131 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q2 2016, up from 128 in Q1 2016.
- Funds reported $284M of Invesco Financial Preferred ETF stock for Q2 2016, up 11% quarter-over-quarter.
- 21 funds opened new Invesco Financial Preferred ETF positions in Q2 2016 and 16 closed out, a net change of +5 holders.
- The largest Invesco Financial Preferred ETF buyer in Q2 2016 was Morgan Stanley, an estimated $13.8M added.
- The largest Invesco Financial Preferred ETF seller in Q2 2016 was LPL Financial, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2016.