Invesco Financial Preferred ETF
PGF
181 hedge funds and large institutions have $226M invested in Invesco Financial Preferred ETF in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 56 reducing their positions, and 20 closing their positions.
580% more call options, than puts
Call options by funds: $136K | Put options by funds: $20K
1% more capital invested
Capital invested by funds: $223M → $226M (+$3.09M)
0.92% more ownership
Funds ownership: 20.75% → 21.67% (+0.92%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 56
3% less funds holding
Funds holding: 187 → 181 (-6)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$5.65M |
| 2 |
Jane Street
New York
|
+$3.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.62M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$1.05M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.49M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.83M |
| 3 |
BDWCC
B&D White Capital Company
Lakeway,
Texas
|
-$1.12M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$840K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$817K |
PGF Hedge Fund Activity: Q2 2023 in Review
181 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q2 2023, worth a combined $226M — up 1.4% from $223M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PGF and 14 opened new positions — a net loss of 6 holders — while 56 trimmed existing stakes and 53 added.
The largest buyer was Truist Financial, adding an estimated $5.65M. The largest seller was Morgan Stanley, cutting an estimated $6.49M.
- 181 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q2 2023, down from 187 in Q1 2023.
- Funds reported $226M of Invesco Financial Preferred ETF stock for Q2 2023, up 1.4% quarter-over-quarter.
- 14 funds opened new Invesco Financial Preferred ETF positions in Q2 2023 and 20 closed out, a net change of -6 holders.
- The largest Invesco Financial Preferred ETF buyer in Q2 2023 was Truist Financial, an estimated $5.65M added.
- The largest Invesco Financial Preferred ETF seller in Q2 2023 was Morgan Stanley, an estimated $6.49M sold.
Based on aggregated 13F filings for Q2 2023.