Invesco Financial Preferred ETF
PGF
174 hedge funds and large institutions have $246M invested in Invesco Financial Preferred ETF in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 26 closing their positions.
276% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $802K
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
16% more capital invested
Capital invested by funds: $212M → $246M (+$34.1M)
1.42% more ownership
Funds ownership: 15.54% → 16.96% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 185 → 174 (-11)
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
ARS Wealth Advisors
St. Petersburg,
Florida
|
+$16.1M |
| 2 |
Morgan Stanley
New York
|
+$9.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.58M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.84M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$10.6M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$1.35M |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$1.18M |
| 4 |
Jane Street
New York
|
-$1.06M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$997K |
PGF Hedge Fund Activity: Q2 2020 in Review
174 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q2 2020, worth a combined $246M — up 16% from $212M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PGF and 17 opened new positions — a net loss of 9 holders — while 45 trimmed existing stakes and 57 added.
The largest buyer was ARS Wealth Advisors, opening a new position worth an estimated $16.1M. The largest seller was Gradient Investments, cutting an estimated $10.6M.
- 174 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q2 2020, down from 185 in Q1 2020.
- Funds reported $246M of Invesco Financial Preferred ETF stock for Q2 2020, up 16% quarter-over-quarter.
- 17 funds opened new Invesco Financial Preferred ETF positions in Q2 2020 and 26 closed out, a net change of -9 holders.
- The largest Invesco Financial Preferred ETF buyer in Q2 2020 was ARS Wealth Advisors, an estimated $16.1M added.
- The largest Invesco Financial Preferred ETF seller in Q2 2020 was Gradient Investments, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2020.