Invesco Financial Preferred ETF
PGF
176 hedge funds and large institutions have $300M invested in Invesco Financial Preferred ETF in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 45 reducing their positions, and 20 closing their positions.
1,283% more call options, than puts
Call options by funds: $3.07M | Put options by funds: $222K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
36% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 45
22% more capital invested
Capital invested by funds: $246M → $300M (+$53.5M)
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
1.58% more ownership
Funds ownership: 16.96% → 18.54% (+1.6%)
1% more funds holding
Funds holding: 174 → 176 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWM
BT Wealth Management
Atlanta,
Georgia
|
+$7.86M |
| 2 |
CL
CIM LLC
Albany,
New York
|
+$6.46M |
| 3 |
Morgan Stanley
New York
|
+$4.42M |
| 4 |
MWA
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
|
+$3.39M |
| 5 |
LPL Financial
San Diego,
California
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.61M |
| 2 |
TA
TCG Advisors
Austin,
Texas
|
-$1.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$869K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$831K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$793K |
PGF Hedge Fund Activity: Q3 2020 in Review
176 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2020, worth a combined $300M — up 22% from $246M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PGF positions and 20 closed out — a net gain of 3 holders — while 61 added to existing stakes and 45 trimmed.
The largest buyer was BT Wealth Management, adding an estimated $7.86M. The largest seller was Prospera Financial Services, exiting entirely with an estimated $1.61M sold.
- 176 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2020, up from 174 in Q2 2020.
- Funds reported $300M of Invesco Financial Preferred ETF stock for Q3 2020, up 22% quarter-over-quarter.
- 23 funds opened new Invesco Financial Preferred ETF positions in Q3 2020 and 20 closed out, a net change of +3 holders.
- The largest Invesco Financial Preferred ETF buyer in Q3 2020 was BT Wealth Management, an estimated $7.86M added.
- The largest Invesco Financial Preferred ETF seller in Q3 2020 was Prospera Financial Services, an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2020.