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Invesco Financial Preferred ETF

156 hedge funds and large institutions have $303M invested in Invesco Financial Preferred ETF in 2017 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 66 increasing their positions, 41 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 41

29% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 14

2% more funds holding

Funds holding: 153156 (+3)

3% more capital invested

Capital invested by funds: $295M → $303M (+$7.82M)

0.12% more ownership

Funds ownership: 17.64%17.76% (+0.12%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

100% less call options, than puts

Call options by funds: $1K | Put options by funds: $512K

Holders
156
Holders Change
+3
Holders Change %
+1.96%
% of All Funds
3.89%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
18
Increased
66
Reduced
41
Closed
14
Calls
$1K
Puts
$512K
Net Calls
-$511K
Net Calls Change
+$328K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$37.4M +$610K +32,199 +2%
HI
2
Horizon Investments
North Carolina
$29M -$1.2M -63,101 -4%
Morgan Stanley
3
Morgan Stanley
New York
$23.4M -$2.26M -119,010 -9%
UBS Group
4
UBS Group
Switzerland
$21.3M +$28.7K +1,515 +0.1%
ACM
5
Aviance Capital Management
Florida
$17.4M -$1.94M -102,550 -10%
LPL Financial
6
LPL Financial
California
$16.1M +$211K +11,131 +1%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$7.6M +$611K +32,246 +9%
Asset Management One
8
Asset Management One
Japan
$7.31M +$1.56M +82,100 +27%
BAAM
9
Baker Avenue Asset Management
California
$6M -$1.55K -82 -0%
AFS
10
Access Financial Services
Minnesota
$5.62M -$29.2K -1,542 -0.5%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$4.83M +$868K +45,769 +22%
NSIM
12
North Star Investment Management
Illinois
$4.75M +$47.1K +2,486 +1%
AP
13
Appleton Partners
Massachusetts
$4.49M +$667K +35,210 +18%
AWS
14
AJ Wealth Strategies
New York
$4.26M +$961K +50,697 +29%
GC
15
Guggenheim Capital
Illinois
$4.05M +$139K +7,316 +4%
FIM
16
Freedom Investment Management
Connecticut
$4.04M +$129K +6,811 +3%
Wells Fargo
17
Wells Fargo
California
$3.68M +$641K +33,842 +21%
FAN
18
Financial Advisors Network
California
$3.68M +$109K +5,732 +3%
MML Investors Services
19
MML Investors Services
Massachusetts
$3.55M +$3.52M +185,830 New
KFC
20
Klingenstein Fields & Co
New York
$3.54M -$108K -5,700 -3%
WBG
21
Wharton Business Group
Pennsylvania
$3.18M
SG Americas Securities
22
SG Americas Securities
New York
$3.15M -$75.8K -4,000 -2%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$3.05M +$111K +5,874 +4%
Ameriprise
24
Ameriprise
Minnesota
$2.91M -$1.82M -96,126 -39%
PAG
25
Private Advisor Group
New Jersey
$2.62M +$139K +7,344 +6%

PGF Hedge Fund Activity: Q2 2017 in Review

156 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q2 2017, worth a combined $303M — up 2.7% from $295M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PGF positions and 14 closed out — a net gain of 4 holders — while 66 added to existing stakes and 41 trimmed.

The largest buyer was MML Investors Services, opening a new position worth an estimated $3.52M. The largest seller was Caprock Group, exiting entirely with an estimated $4.43M sold.

  • 156 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q2 2017, up from 153 in Q1 2017.
  • Funds reported $303M of Invesco Financial Preferred ETF stock for Q2 2017, up 2.7% quarter-over-quarter.
  • 18 funds opened new Invesco Financial Preferred ETF positions in Q2 2017 and 14 closed out, a net change of +4 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q2 2017 was MML Investors Services, an estimated $3.52M added.
  • The largest Invesco Financial Preferred ETF seller in Q2 2017 was Caprock Group, an estimated $4.43M sold.

Based on aggregated 13F filings for Q2 2017.