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Invesco Financial Preferred ETF

226 hedge funds and large institutions have $250M invested in Invesco Financial Preferred ETF in 2022 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 51 increasing their positions, 81 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

817% more call options, than puts

Call options by funds: $220K | Put options by funds: $24K

180% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 15

10% more funds holding

Funds holding: 205226 (+21)

0.58% more ownership

Funds ownership: 22.33%22.91% (+0.58%)

6% less capital invested

Capital invested by funds: $267M → $250M (-$17M)

37% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 81

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
226
Holders Change
+21
Holders Change %
+10.24%
% of All Funds
3.63%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
42
Increased
51
Reduced
81
Closed
15
Calls
$220K
Puts
$24K
Net Calls
+$196K
Net Calls Change
+$196K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$40.5M +$2.41M +162,673 +6%
Bank of America
2
Bank of America
North Carolina
$27.7M +$1.38M +93,343 +5%
LPL Financial
3
LPL Financial
California
$16.4M -$1.6M -108,187 -9%
Jane Street
4
Jane Street
New York
$15.9M +$15M +1,016,938 +1,143%
Rockefeller Capital Management
5
Rockefeller Capital Management
New York
$10.3M +$1.8M +121,346 +20%
Wells Fargo
6
Wells Fargo
California
$9.67M -$758K -51,237 -7%
EW
7
Evoke Wealth
California
$7.06M -$22.8K -1,539 -0.3%
UBS Group
8
UBS Group
Switzerland
$6.35M -$2.82M -190,659 -30%
CFO
9
Custos Family Office
Texas
$6.31M +$1.33M +89,714 +26%
CL
10
CIM LLC
New York
$5.36M +$174K +11,752 +4%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$5.36M -$605K -40,926 -10%
NSIM
12
North Star Investment Management
Illinois
$4.95M +$88.9K +6,006 +2%
SWIG
13
Strategic Wealth Investment Group
Kentucky
$4.14M +$394K +26,651 +11%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$3.77M -$1.32M -88,956 -25%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$3.43M -$251K -16,980 -7%
JAM
16
Jacobs Asset Management
New York
$2.74M +$1.75M +118,570 +166%
Ameriprise
17
Ameriprise
Minnesota
$2.55M +$225K +15,189 +9%
Cohen & Steers
18
Cohen & Steers
New York
$2.22M +$2.28M +154,032 New
AWM
19
Accel Wealth Management
Iowa
$2.21M -$202K -13,665 -8%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$2.11M +$1.69M +114,398 +355%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$2.04M -$76K -5,140 -4%
Osaic Holdings
22
Osaic Holdings
Arizona
$2.02M -$310K -20,930 -13%
PFS
23
Prospera Financial Services
Texas
$1.97M +$71.7K +4,845 +4%
FIM
24
Freedom Investment Management
Connecticut
$1.73M -$327K -22,078 -15%
Stifel Financial
25
Stifel Financial
Missouri
$1.69M -$92.6K -6,260 -5%

PGF Hedge Fund Activity: Q4 2022 in Review

226 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q4 2022, worth a combined $250M — down 6.4% from $267M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PGF positions and 15 closed out — a net gain of 27 holders — while 51 added to existing stakes and 81 trimmed.

The largest buyer was Jane Street, adding an estimated $15M. The largest seller was ARS Wealth Advisors Group, exiting entirely with an estimated $15.4M sold.

  • 226 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q4 2022, up from 205 in Q3 2022.
  • Funds reported $250M of Invesco Financial Preferred ETF stock for Q4 2022, down 6.4% quarter-over-quarter.
  • 42 funds opened new Invesco Financial Preferred ETF positions in Q4 2022 and 15 closed out, a net change of +27 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q4 2022 was Jane Street, an estimated $15M added.
  • The largest Invesco Financial Preferred ETF seller in Q4 2022 was ARS Wealth Advisors Group, an estimated $15.4M sold.

Based on aggregated 13F filings for Q4 2022.