Invesco Golden Dragon China ETF
37 hedge funds and large institutions have $16.3M invested in Invesco Golden Dragon China ETF in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.57% less ownership
Funds ownership: 12.9% → 12.32% (-0.57%)
12% less funds holding
Funds holding: 42 → 37 (-5)
21% less capital invested
Capital invested by funds: $20.5M → $16.3M (-$4.24M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$941K |
| 2 |
VF
Virtu Financial
New York
|
+$803K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$628K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$585K |
| 5 |
LPL Financial
San Diego,
California
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.02M |
| 2 |
HFM
Harvest Fund Management
Beijing,
China
|
-$621K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$514K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$508K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$369K |
PGJ Hedge Fund Activity: Q4 2025 in Review
37 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Invesco Golden Dragon China ETF (PGJ) for Q4 2025, worth a combined $16.3M — down 21% from $20.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PGJ and 4 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $941K. The largest seller was Morgan Stanley, cutting an estimated $3.02M.
- 37 institutional investors held Invesco Golden Dragon China ETF (PGJ) as of Q4 2025, down from 42 in Q3 2025.
- Funds reported $16.3M of Invesco Golden Dragon China ETF stock for Q4 2025, down 21% quarter-over-quarter.
- 4 funds opened new Invesco Golden Dragon China ETF positions in Q4 2025 and 9 closed out, a net change of -5 holders.
- The largest Invesco Golden Dragon China ETF buyer in Q4 2025 was Susquehanna International Group, an estimated $941K added.
- The largest Invesco Golden Dragon China ETF seller in Q4 2025 was Morgan Stanley, an estimated $3.02M sold.
Based on aggregated 13F filings for Q4 2025.