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Invesco Financial Preferred ETF

153 hedge funds and large institutions have $295M invested in Invesco Financial Preferred ETF in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 53 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 53

2.74% less ownership

Funds ownership: 20.38%17.64% (-2.7%)

3% less funds holding

Funds holding: 158153 (-5)

14% less capital invested

Capital invested by funds: $342M → $295M (-$47.5M)

18% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 22

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $839K

Holders
153
Holders Change
-5
Holders Change %
-3.16%
% of All Funds
3.81%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
18
Increased
52
Reduced
53
Closed
22
Calls
Puts
$839K
Net Calls
-$839K
Net Calls Change
+$833K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$36M -$47.4M -2,570,719 -57%
HI
2
Horizon Investments
North Carolina
$29.6M -$19.3M -1,044,556 -40%
Morgan Stanley
3
Morgan Stanley
New York
$25.1M -$1.07M -57,950 -4%
UBS Group
4
UBS Group
Switzerland
$20.8M +$1.64M +88,978 +9%
ACM
5
Aviance Capital Management
Florida
$18.9M -$4.95M -268,144 -21%
LPL Financial
6
LPL Financial
California
$15.6M -$1.59M -86,276 -9%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$6.82M +$1.76M +95,517 +35%
BAAM
8
Baker Avenue Asset Management
California
$5.87M -$59K -3,197 -1%
Asset Management One
9
Asset Management One
Japan
$5.61M +$2.36M +128,100 +74%
AFS
10
Access Financial Services
Minnesota
$5.52M +$5.12M +277,780 +1,548%
Ameriprise
11
Ameriprise
Minnesota
$4.64M +$480K +26,006 +12%
NSIM
12
North Star Investment Management
Illinois
$4.59M -$160K -8,668 -3%
CG
13
Caprock Group
Idaho
$4.43M -$374K -20,279 -8%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$3.87M +$205K +11,099 +6%
GC
15
Guggenheim Capital
Illinois
$3.83M -$750K -40,647 -17%
FIM
16
Freedom Investment Management
Connecticut
$3.82M +$446K +24,165 +13%
AP
17
Appleton Partners
Massachusetts
$3.73M +$3.69M +199,818 New
KFC
18
Klingenstein Fields & Co
New York
$3.57M -$53.5K -2,900 -1%
FAN
19
Financial Advisors Network
California
$3.55M +$120K +6,497 +4%
AWS
20
AJ Wealth Strategies
New York
$3.21M +$2.29M +124,042 +257%
SG Americas Securities
21
SG Americas Securities
New York
$3.15M +$3.12M +169,000 New
WBG
22
Wharton Business Group
Pennsylvania
$3.11M
Wells Fargo
23
Wells Fargo
California
$2.96M +$991K +53,725 +51%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$2.87M -$712K -38,601 -20%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$2.87M +$105K +5,694 +4%

PGF Hedge Fund Activity: Q1 2017 in Review

153 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q1 2017, worth a combined $295M — down 14% from $342M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of PGF and 18 opened new positions — a net loss of 4 holders — while 53 trimmed existing stakes and 52 added.

The largest buyer was Access Financial Services, adding an estimated $5.12M. The largest seller was Bank of America, cutting an estimated $47.4M.

  • 153 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q1 2017, down from 158 in Q4 2016.
  • Funds reported $295M of Invesco Financial Preferred ETF stock for Q1 2017, down 14% quarter-over-quarter.
  • 18 funds opened new Invesco Financial Preferred ETF positions in Q1 2017 and 22 closed out, a net change of -4 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q1 2017 was Access Financial Services, an estimated $5.12M added.
  • The largest Invesco Financial Preferred ETF seller in Q1 2017 was Bank of America, an estimated $47.4M sold.

Based on aggregated 13F filings for Q1 2017.