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Invesco Financial Preferred ETF

167 hedge funds and large institutions have $262M invested in Invesco Financial Preferred ETF in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 46

2.38% less ownership

Funds ownership: 18.23%15.84% (-2.4%)

3% less funds holding

Funds holding: 172167 (-5)

10% less capital invested

Capital invested by funds: $290M → $262M (-$27.7M)

22% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 18

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $182K

Holders
167
Holders Change
-5
Holders Change %
-2.91%
% of All Funds
3.82%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
14
Increased
59
Reduced
46
Closed
18
Calls
Puts
$182K
Net Calls
-$182K
Net Calls Change
-$182K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$30.6M +$299K +16,284 +1%
Ameriprise
2
Ameriprise
Minnesota
$23.4M +$23.7K +1,288 New
Morgan Stanley
3
Morgan Stanley
New York
$20.6M -$570K -31,029 -3%
CFG
4
CNO Financial Group
Indiana
$18.2M
LPL Financial
5
LPL Financial
California
$13.8M -$60.3K -3,281 -0.4%
UBS Group
6
UBS Group
Switzerland
$13.7M +$44.7K +2,430 +0.3%
BAAM
7
Baker Avenue Asset Management
California
$7M +$80.4K +4,375 +1%
PI
8
PFS Investments
Georgia
$6.95M -$6.46M -351,571 -48%
WBG
9
Wharton Business Group
Pennsylvania
$6.95M
Asset Management One
10
Asset Management One
Japan
$6.27M -$893K -48,600 -12%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$5.78M +$211K +11,454 +4%
Wells Fargo
12
Wells Fargo
California
$5.72M +$126K +6,836 +2%
NSIM
13
North Star Investment Management
Illinois
$5.61M +$392K +21,347 +7%
DIP
14
DT Investment Partners
Pennsylvania
$5.36M +$677K +36,808 +14%
AP
15
Appleton Partners
Massachusetts
$4.41M +$107K +5,815 +2%
MML Investors Services
16
MML Investors Services
Massachusetts
$3.56M +$651K +35,435 +22%
GC
17
Guggenheim Capital
Illinois
$3.08M -$661K -35,932 -18%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$3.04M +$892K +48,507 +41%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$3.02M +$292K +15,898 +11%
AG
20
Advisor Group
Arizona
$2.96M +$521K +28,353 +21%
HI
21
Horizon Investments
North Carolina
$2.78M -$24.9M -1,356,236 -90%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$2.58M -$463K -25,166 -15%
RJA
23
Raymond James & Associates
Florida
$2.53M +$266K +14,470 +12%
NC
24
NewSquare Capital
Pennsylvania
$2.34M +$285K +15,495 +14%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$1.99M -$424K -23,065 -17%

PGF Hedge Fund Activity: Q3 2018 in Review

167 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2018, worth a combined $262M — down 9.6% from $290M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of PGF and 14 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 59 added.

The largest buyer was Wolverine Trading, adding an estimated $1.09M. The largest seller was Horizon Investments, cutting an estimated $24.9M.

  • 167 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2018, down from 172 in Q2 2018.
  • Funds reported $262M of Invesco Financial Preferred ETF stock for Q3 2018, down 9.6% quarter-over-quarter.
  • 14 funds opened new Invesco Financial Preferred ETF positions in Q3 2018 and 18 closed out, a net change of -4 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q3 2018 was Wolverine Trading, an estimated $1.09M added.
  • The largest Invesco Financial Preferred ETF seller in Q3 2018 was Horizon Investments, an estimated $24.9M sold.

Based on aggregated 13F filings for Q3 2018.