Invesco Preferred ETF
466 hedge funds and large institutions have $1.99B invested in Invesco Preferred ETF in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 139 increasing their positions, 188 reducing their positions, and 53 closing their positions.
8,200% more call options, than puts
Call options by funds: $166K | Put options by funds: $2K
0.39% less ownership
Funds ownership: 46.36% → 45.97% (-0.39%)
5% less funds holding
Funds holding: 491 → 466 (-25)
5% less capital invested
Capital invested by funds: $2.1B → $1.99B (-$114M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
26% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 188
34% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 53
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$46.6M |
| 2 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$26.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$13.8M |
| 4 |
JP Morgan Chase
New York
|
+$5.28M |
| 5 |
Morgan Stanley
New York
|
+$4.31M |
Top Sellers
PGX Hedge Fund Activity: Q2 2024 in Review
466 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2024, worth a combined $1.99B — down 5.4% from $2.1B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of PGX and 35 opened new positions — a net loss of 18 holders — while 188 trimmed existing stakes and 139 added.
The largest buyer was Bank of America, adding an estimated $46.6M. The largest seller was Spectrum Asset Management (Connecticut), cutting an estimated $37.2M.
- 466 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2024, down from 491 in Q1 2024.
- Funds reported $1.99B of Invesco Preferred ETF stock for Q2 2024, down 5.4% quarter-over-quarter.
- 35 funds opened new Invesco Preferred ETF positions in Q2 2024 and 53 closed out, a net change of -18 holders.
- The largest Invesco Preferred ETF buyer in Q2 2024 was Bank of America, an estimated $46.6M added.
- The largest Invesco Preferred ETF seller in Q2 2024 was Spectrum Asset Management (Connecticut), an estimated $37.2M sold.
Based on aggregated 13F filings for Q2 2024.