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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
BlackRock
276
BlackRock
New York
$28K +$28.3K +1,955 New
William Blair & Company
277
William Blair & Company
Illinois
$27K -$1.44M -99,625 -98%
MSFP
278
Mark Sheptoff Financial Planning
Connecticut
$25K
MIM
279
Macroview Investment Management
Maryland
$25K +$24.9K +1,721 New
AssetMark Inc
280
AssetMark Inc
California
$22K +$21.9K +1,510 New
PCFFS
281
Pacific Center for Financial Services
California
$21K
AIM
282
Advantage Investment Management
Iowa
$20K -$122K -8,440 -86%
SF
283
Synovus Financial
Georgia
$20K -$376 -26 -2%
BCA
284
Bay Colony Advisors
Massachusetts
$20K +$19.9K +1,374 New
AF
285
Allworth Financial
California
$17K +$16.6K +1,148 New
AIP
286
Ameritas Investment Partners
Nebraska
$16K -$2.9K -200 -15%
BCA
287
Bray Capital Advisors
Florida
$15K
FCMT
288
Founders Capital Management (Texas)
Texas
$15K
WAM
289
Wealthspire Advisors (Maryland)
Maryland
$15K
GCM
290
Gables Capital Management
Florida
$15K +$14.5K +1,000 New
KJWM
291
Kiley Juergens Wealth Management
Washington
$14K +$14.5K +1,000 New
MA
292
MUFG Americas
New York
$12K
FWM
293
Focused Wealth Management
New York
$12K +$174 +12 +1%
CAL
294
Capital Analysts LLC
Pennsylvania
$12K +$10.7K +739 +1,296%
SNT
295
Security National Trust
West Virginia
$10K
CPA
296
Clear Perspective Advisors
Illinois
$9K
TL
297
TrueWealth LLC
Georgia
$8K +$5.62K +388 +271%
UBS AM
298
UBS AM
Illinois
$6.03K +$5.99K +414 New
HCM
299
Highlander Capital Management
New Jersey
$6K
PCG
300
Private Capital Group
Connecticut
$4K

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.