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Invesco Preferred ETF

506 hedge funds and large institutions have $3.08B invested in Invesco Preferred ETF in 2021 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 205 increasing their positions, 146 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 146

34% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 53

3% more funds holding

Funds holding: 492506 (+14)

2.74% more ownership

Funds ownership: 41.35%44.09% (+2.7%)

2% more call options, than puts

Call options by funds: $206K | Put options by funds: $201K

2% more capital invested

Capital invested by funds: $3.02B → $3.08B (+$61.2M)

24% less funds holding in top 10

Funds holding in top 10: 1713 (-4)

Holders
506
Holders Change
+14
Holders Change %
+2.85%
% of All Funds
8.88%
Holding in Top 10
13
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-23.53%
% of All Funds
0.23%
New
71
Increased
205
Reduced
146
Closed
53
Calls
$206K
Puts
$201K
Net Calls
+$5K
Net Calls Change
+$5K
Name Holding Trade Value Shares
Change
Change in
Stake
IWM
226
IHT Wealth Management
Illinois
$638K +$310K +20,826 +96%
CAAS
227
Capital Asset Advisory Services
Michigan
$635K -$876K -58,896 -58%
JF
228
JSF Financial
California
$631K +$194K +13,056 +45%
SFS
229
Sowell Financial Services
Arkansas
$630K -$15.9K -1,066 -2%
CA
230
Cetera Advisors
Colorado
$622K +$7.18K +483 +1%
CFA
231
Camarda Financial Advisors
Florida
$615K -$105K -7,033 -15%
BAAM
232
Baker Avenue Asset Management
California
$610K
PP
233
Prudential plc
United Kingdom
$600K -$297K -20,000 -33%
CK
234
Cohen Klingenstein
New York
$600K
FMC
235
First Merchants Corp
Indiana
$600K
SSWM
236
Sheets Smith Wealth Management
North Carolina
$593K -$2.5M -168,288 -81%
CAC
237
Certified Advisory Corp
Florida
$587K +$582K +39,106 New
MAFM
238
Mid Atlantic Financial Management
Pennsylvania
$584K -$9.77K -657 -2%
AAM
239
Autus Asset Management
Arizona
$572K +$103K +6,950 +22%
OFA
240
Oak Family Advisors
Illinois
$565K +$4.83K +325 +0.9%
AIC
241
Argus Investors Counsel
New York
$557K +$351K +23,600 +174%
FWM
242
Frontier Wealth Management
Missouri
$541K -$82K -5,511 -13%
BA
243
Bluesphere Advisors
Pennsylvania
$541K +$937 +63 +0.2%
SXL
244
Summit X LLC
Missouri
$540K -$23.9K -1,605 -4%
SG
245
StoneX Group
New York
$537K +$40.8K +2,744 +8%
US Bancorp
246
US Bancorp
Minnesota
$534K +$13.3K +897 +3%
CCB
247
Cutter & Co Brokerage
Missouri
$530K -$52.4K -3,526 -9%
PIA
248
Pinion Investment Advisors
Kansas
$522K +$104K +7,010 +25%
IF
249
Intrua Financial
Texas
$515K +$51.9K +3,493 +11%
JGIA
250
Jackson Grant Investment Advisers
Connecticut
$514K +$180K +12,071 +54%

PGX Hedge Fund Activity: Q1 2021 in Review

506 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q1 2021, worth a combined $3.08B — up 2% from $3.02B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new PGX positions and 53 closed out — a net gain of 18 holders — while 205 added to existing stakes and 146 trimmed.

The largest buyer was Bessemer Group, adding an estimated $115M. The largest seller was Charles Schwab, exiting entirely with an estimated $53.7M sold.

  • 506 institutional investors held Invesco Preferred ETF (PGX) as of Q1 2021, up from 492 in Q4 2020.
  • Funds reported $3.08B of Invesco Preferred ETF stock for Q1 2021, up 2% quarter-over-quarter.
  • 71 funds opened new Invesco Preferred ETF positions in Q1 2021 and 53 closed out, a net change of +18 holders.
  • The largest Invesco Preferred ETF buyer in Q1 2021 was Bessemer Group, an estimated $115M added.
  • The largest Invesco Preferred ETF seller in Q1 2021 was Charles Schwab, an estimated $53.7M sold.

Based on aggregated 13F filings for Q1 2021.