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Invesco Preferred ETF

314 hedge funds and large institutions have $2.33B invested in Invesco Preferred ETF in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 105 increasing their positions, 115 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

4% more capital invested

Capital invested by funds: $2.24B → $2.33B (+$90.4M)

0.95% more ownership

Funds ownership: 42.82%43.77% (+0.95%)

2% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 45

9% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 115

2% less funds holding

Funds holding: 320314 (-6)

Holders
314
Holders Change
-6
Holders Change %
-1.88%
% of All Funds
7.19%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.32%
New
44
Increased
105
Reduced
115
Closed
45
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
QCIG
251
Quad-Cities Investment Group
Iowa
$63K +$63.5K +4,386 New
JCM
252
Jacobi Capital Management
Pennsylvania
$62K +$37.4K +2,584 +153%
PFSC
253
Peoples Financial Services Corp
Pennsylvania
$58K
CFA
254
Carroll Financial Associates
North Carolina
$57K +$2.1K +145 +4%
STA
255
Summit Trail Advisors
New York
$57K +$56.5K +3,900 New
ME
256
McIlrath & Eck
Washington
$56K -$7.38K -510 -12%
GI
257
Gradient Investments
Minnesota
$55K -$3.56K -246 -6%
DSC
258
Duncker Streett & Co
Missouri
$54K
ST
259
Smithfield Trust
Pennsylvania
$52K
SA
260
SRH Advisors
Kansas
$51K
BWM
261
BerganKDV Wealth Management
Minnesota
$51K +$50.3K +3,476 New
FFW
262
Fusion Family Wealth
New York
$50K -$17.6K -1,215 -26%
LYV
263
Live Your Vision
Pennsylvania
$48K
BC
264
Barnett & Company
Tennessee
$44K -$10.1K -700 -19%
LWCFA
265
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$44K
CWA
266
Clarus Wealth Advisors
Arizona
$43K +$43K +2,968 New
PA
267
Parallel Advisors
California
$39K -$1.67K -115 -4%
QAM
268
QCI Asset Management
New York
$38K
VFA
269
Valeo Financial Advisors
Indiana
$38K +$362 +25 +1%
IF
270
Ironwood Financial
Arizona
$36K -$2.61K -180 -7%
BBPWM
271
Blue Bell Private Wealth Management
Pennsylvania
$34K -$4.34K -300 -11%
FHA
272
Flagship Harbor Advisors
Massachusetts
$34K +$34K +2,349 New
ACS
273
Archford Capital Strategies
Illinois
$32K -$86.9K -6,000 -73%
CCMW
274
Cypress Capital Management (Wyoming)
Wyoming
$31K -$19.5K -1,350 -39%
FHA
275
First Horizon Advisors
Tennessee
$30K +$7.14K +493 +31%

PGX Hedge Fund Activity: Q2 2018 in Review

314 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2018, worth a combined $2.33B — up 4% from $2.24B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of PGX and 44 opened new positions — a net loss of 1 holder — while 115 trimmed existing stakes and 105 added.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $141M. The largest seller was First Allied Advisory Services, cutting an estimated $12.8M.

  • 314 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2018, down from 320 in Q1 2018.
  • Funds reported $2.33B of Invesco Preferred ETF stock for Q2 2018, up 4% quarter-over-quarter.
  • 44 funds opened new Invesco Preferred ETF positions in Q2 2018 and 45 closed out, a net change of -1 holder.
  • The largest Invesco Preferred ETF buyer in Q2 2018 was Cohen & Steers, an estimated $141M added.
  • The largest Invesco Preferred ETF seller in Q2 2018 was First Allied Advisory Services, an estimated $12.8M sold.

Based on aggregated 13F filings for Q2 2018.