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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
SFG
301
SevenBridge Financial Group
Pennsylvania
$4K
WF
302
WealthTrust Fairport
Ohio
$4K
NDSI
303
Newman Dignan & Sheerar Inc
Rhode Island
$3.97K -$131K -9,076 -3%
AIM
304
Anchor Investment Management
South Carolina
$3.64K
AWM
305
AllSquare Wealth Management
New York
$3K +$2.9K +200 New
GEA
306
Glen Eagle Advisors
New Jersey
$1.82K +$1.81K +125 New
NA
307
NewEdge Advisors
Louisiana
$1.47K +$310K +21,411 +27%
WT
308
Whittier Trust
California
$1K
BWM
309
Baystate Wealth Management
Massachusetts
$1K +$14 +1 +1%
SMFS
310
Squar Milner Financial Services
California
$1K +$1.03K +71 New
AFNAS
311
American Financial Network Advisory Services
California
$468 +$232 +16 New
FRA
312
Front Row Advisors
California
$15
CM
313
Columbus Macro
Pennsylvania
-$11.7M -803,400 Closed
VFA
314
Voya Financial Advisors
Connecticut
-$4.41M -303,347 Closed
SC
315
Scotia Capital
Ontario, Canada
-$3.09M -211,500 Closed
FWM
316
Frontier Wealth Management
Missouri
-$2.83M -193,930 Closed
SLA
317
Silver Lake Advisory
Utah
-$1.87M -128,040 Closed
AWM
318
Arbor Wealth Management
Florida
-$1.1M -76,388 Closed
CTC
319
Central Trust Company
Missouri
-$980K -67,130 Closed
WCM
320
Wallace Capital Management
Texas
-$841K -57,600 Closed
Citadel Advisors
321
Citadel Advisors
Florida
-$823K -56,404 Closed
FF
322
Friedenthal Financial
New Jersey
-$761K -52,104 Closed
IBOK
323
Independence Bank of Kentucky
Kentucky
-$663K -45,385 Closed
BCM
324
Breiter Capital Management
Florida
-$646K -44,270 Closed
Thrivent Financial for Lutherans
325
Thrivent Financial for Lutherans
Minnesota
-$539K -36,892 Closed

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.