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Invesco Financial Preferred ETF

172 hedge funds and large institutions have $297M invested in Invesco Financial Preferred ETF in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 14

33% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 46

13% more funds holding

Funds holding: 152172 (+20)

6% more capital invested

Capital invested by funds: $279M → $297M (+$17.7M)

1.05% more ownership

Funds ownership: 16.76%17.81% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
172
Holders Change
+20
Holders Change %
+13.16%
% of All Funds
3.9%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
35
Increased
61
Reduced
46
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$43.2M +$9.53M +503,741 +28%
Morgan Stanley
2
Morgan Stanley
New York
$23.3M +$619K +32,691 +3%
HI
3
Horizon Investments
North Carolina
$22M +$328K +17,304 +2%
UBS Group
4
UBS Group
Switzerland
$20.7M -$1.26M -66,371 -6%
LPL Financial
5
LPL Financial
California
$16.3M -$367K -19,375 -2%
Asset Management One
6
Asset Management One
Japan
$9.22M +$411K +21,700 +5%
FIAS
7
FinTrust Investment Advisory Services
South Carolina
$8.6M +$239K +12,623 +3%
AWS
8
AJ Wealth Strategies
New York
$7.42M +$2.16M +114,137 +41%
BAAM
9
Baker Avenue Asset Management
California
$6.69M +$207K +10,929 +3%
AFS
10
Access Financial Services
Minnesota
$6.28M +$624K +32,989 +11%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$6.25M -$791K -41,795 -11%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$6.21M +$1.42M +74,854 +29%
NSIM
13
North Star Investment Management
Illinois
$5.05M +$476K +25,149 +10%
FIM
14
Freedom Investment Management
Connecticut
$4.5M +$164K +8,686 +4%
AP
15
Appleton Partners
Massachusetts
$4.35M +$73.4K +3,880 +2%
GC
16
Guggenheim Capital
Illinois
$4.04M +$153K +8,086 +4%
DIP
17
DT Investment Partners
Pennsylvania
$3.7M +$283K +14,947 +8%
FAN
18
Financial Advisors Network
California
$3.68M -$99.8K -5,275 -3%
KFC
19
Klingenstein Fields & Co
New York
$3.48M -$18.9K -1,000 -0.5%
Wells Fargo
20
Wells Fargo
California
$3.36M -$1.03M -54,378 -23%
WBG
21
Wharton Business Group
Pennsylvania
$3.19M +$125K +6,625 +4%
PI
22
PFS Investments
Georgia
$2.9M +$2.99M +157,878 New
MML Investors Services
23
MML Investors Services
Massachusetts
$2.84M +$425K +22,437 +18%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$2.69M -$179K -9,466 -6%
PFS
25
Prospera Financial Services
Texas
$2.61M +$4.73K +250 +0.2%

PGF Hedge Fund Activity: Q4 2017 in Review

172 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2017, worth a combined $297M — up 6.3% from $279M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new PGF positions and 14 closed out — a net gain of 21 holders — while 61 added to existing stakes and 46 trimmed.

The largest buyer was Bank of America, adding an estimated $9.53M. The largest seller was UBS Group, cutting an estimated $1.26M.

  • 172 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2017, up from 152 in Q3 2017.
  • Funds reported $297M of Invesco Financial Preferred ETF stock for Q4 2017, up 6.3% quarter-over-quarter.
  • 35 funds opened new Invesco Financial Preferred ETF positions in Q4 2017 and 14 closed out, a net change of +21 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q4 2017 was Bank of America, an estimated $9.53M added.
  • The largest Invesco Financial Preferred ETF seller in Q4 2017 was UBS Group, an estimated $1.26M sold.

Based on aggregated 13F filings for Q4 2017.