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Invesco Financial Preferred ETF

210 hedge funds and large institutions have $394M invested in Invesco Financial Preferred ETF in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 71 increasing their positions, 49 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

529% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 7

45% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 49

34% more capital invested

Capital invested by funds: $293M → $394M (+$101M)

19% more funds holding

Funds holding: 176210 (+34)

3.37% more ownership

Funds ownership: 18.54%21.91% (+3.4%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
210
Holders Change
+34
Holders Change %
+19.32%
% of All Funds
3.72%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
44
Increased
71
Reduced
49
Closed
7
Calls
$217K
Puts
Net Calls
+$217K
Net Calls Change
-$2.63M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$48.7M +$3.88M +204,266 +9%
Bank of America
2
Bank of America
North Carolina
$36.7M +$1.94M +102,028 +6%
ETC
3
Exchange Traded Concepts
Oklahoma
$36.5M +$33.8M +1,781,828 +1,516%
LPL Financial
4
LPL Financial
California
$23.8M +$3.41M +179,405 +17%
Wells Fargo
5
Wells Fargo
California
$19.7M +$4.85M +255,421 +33%
AWA
6
ARS Wealth Advisors
Florida
$19.6M +$813K +42,851 +4%
UBS Group
7
UBS Group
Switzerland
$15.6M +$654K +34,438 +4%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$13.1M +$4.69M +247,283 +57%
BWM
9
BT Wealth Management
Georgia
$10.2M +$1.81M +95,107 +22%
CL
10
CIM LLC
New York
$6.64M +$98.6K +5,192 +1%
Osaic Holdings
11
Osaic Holdings
Arizona
$6.41M +$185K +9,736 +3%
FCA
12
FinTrust Capital Advisors
South Carolina
$5.82M -$202K -10,650 -3%
EW
13
Evoke Wealth
California
$5.45M +$1.41M +74,090 +35%
NSIM
14
North Star Investment Management
Illinois
$4.79M +$20.5K +1,080 +0.4%
MML Investors Services
15
MML Investors Services
Massachusetts
$4.49M +$93K +4,898 +2%
AP
16
Appleton Partners
Massachusetts
$4.32M +$151K +7,945 +4%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$4.2M +$147K +7,754 +4%
Wolverine Trading
18
Wolverine Trading
Illinois
$4.15M +$3.68M +193,633 +842%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$4.08M +$275K +14,494 +7%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$4M +$3.95M +207,998 New
Asset Management One
21
Asset Management One
Japan
$3.94M -$390K -20,560 -9%
MWA
22
MFA Wealth Advisors
Pennsylvania
$3.6M +$96.4K +5,081 +3%
AWS
23
AJ Wealth Strategies
New York
$3.44M +$579K +30,483 +20%
CAN
24
Cetera Advisor Networks
California
$3.15M +$222K +11,676 +8%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$2.96M +$223K +11,733 +8%

PGF Hedge Fund Activity: Q4 2020 in Review

210 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2020, worth a combined $394M — up 34% from $293M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new PGF positions and 7 closed out — a net gain of 37 holders — while 71 added to existing stakes and 49 trimmed.

The largest buyer was Exchange Traded Concepts, adding an estimated $33.8M. The largest seller was Citadel Advisors, exiting entirely with an estimated $995K sold.

  • 210 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2020, up from 176 in Q3 2020.
  • Funds reported $394M of Invesco Financial Preferred ETF stock for Q4 2020, up 34% quarter-over-quarter.
  • 44 funds opened new Invesco Financial Preferred ETF positions in Q4 2020 and 7 closed out, a net change of +37 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q4 2020 was Exchange Traded Concepts, an estimated $33.8M added.
  • The largest Invesco Financial Preferred ETF seller in Q4 2020 was Citadel Advisors, an estimated $995K sold.

Based on aggregated 13F filings for Q4 2020.