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Invesco Financial Preferred ETF

185 hedge funds and large institutions have $208M invested in Invesco Financial Preferred ETF in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

2% more funds holding

Funds holding: 181185 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.52% less ownership

Funds ownership: 21.67%21.15% (-0.52%)

8% less capital invested

Capital invested by funds: $226M → $208M (-$17.8M)

17% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 59

Holders
185
Holders Change
+4
Holders Change %
+2.21%
% of All Funds
2.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
49
Reduced
59
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$33.3M -$344K -24,144 -1%
LPL Financial
2
LPL Financial
California
$15.7M -$317K -22,264 -2%
Bank of America
3
Bank of America
North Carolina
$15.4M +$1.62M +113,610 +12%
Wells Fargo
4
Wells Fargo
California
$10.9M -$467K -32,775 -4%
PAG
5
Private Advisor Group
New Jersey
$9.65M +$172K +12,050 +2%
CFO
6
Custos Family Office
Texas
$8.84M +$707K +49,576 +9%
Truist Financial
7
Truist Financial
North Carolina
$7.28M +$523K +36,704 +8%
EW
8
Evoke Wealth
California
$6.78M +$2.49K +175 +0%
Jane Street
9
Jane Street
New York
$6.27M +$1.92M +134,798 +43%
UBS Group
10
UBS Group
Switzerland
$5.55M -$261K -18,325 -4%
SWIG
11
Strategic Wealth Investment Group
Kentucky
$5.45M +$289K +20,307 +6%
CL
12
CIM LLC
New York
$5.21M +$311K +21,788 +6%
NSIM
13
North Star Investment Management
Illinois
$4.6M -$90.2K -6,327 -2%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$4.28M -$803K -56,324 -16%
Ameriprise
15
Ameriprise
Minnesota
$4.08M +$848K +59,496 +26%
Osaic Holdings
16
Osaic Holdings
Arizona
$2.42M +$593K +41,612 +32%
AWM
17
Accel Wealth Management
Iowa
$2.21M -$71.6K -5,021 -3%
BAAM
18
Baker Avenue Asset Management
California
$2.09M +$195K +13,678 +10%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$1.94M -$172K -12,035 -8%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$1.86M -$51.5K -3,615 -3%
PFS
21
Prospera Financial Services
Texas
$1.85M -$62.7K -4,397 -3%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$1.64M +$9.85K +691 +0.6%
GC
23
Guggenheim Capital
Illinois
$1.63M -$312K -21,892 -16%
IRC
24
Investors Research Corp
Georgia
$1.59M +$142K +9,938 +10%
FIM
25
Freedom Investment Management
Connecticut
$1.44M -$304K -21,351 -17%

PGF Hedge Fund Activity: Q3 2023 in Review

185 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Financial Preferred ETF (PGF) for Q3 2023, worth a combined $208M — down 7.9% from $226M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PGF positions and 13 closed out — a net gain of 7 holders — while 49 added to existing stakes and 59 trimmed.

The largest buyer was Jane Street, adding an estimated $1.92M. The largest seller was Rockefeller Capital Management, exiting entirely with an estimated $13.7M sold.

  • 185 institutional investors held Invesco Financial Preferred ETF (PGF) as of Q3 2023, up from 181 in Q2 2023.
  • Funds reported $208M of Invesco Financial Preferred ETF stock for Q3 2023, down 7.9% quarter-over-quarter.
  • 20 funds opened new Invesco Financial Preferred ETF positions in Q3 2023 and 13 closed out, a net change of +7 holders.
  • The largest Invesco Financial Preferred ETF buyer in Q3 2023 was Jane Street, an estimated $1.92M added.
  • The largest Invesco Financial Preferred ETF seller in Q3 2023 was Rockefeller Capital Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q3 2023.