Invesco Preferred ETF
347 hedge funds and large institutions have $2.04B invested in Invesco Preferred ETF in 2019 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 125 increasing their positions, 114 reducing their positions, and 39 closing their positions.
15% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 39
7% more capital invested
Capital invested by funds: $1.91B → $2.04B (+$130M)
10% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 114
1% more funds holding
Funds holding: 344 → 347 (+3)
0% more funds holding in top 10
Funds holding in top 10: 17 → 17 (0)
0.23% less ownership
Funds ownership: 42.52% → 42.29% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$12.4M |
| 2 |
Morgan Stanley
New York
|
+$10.3M |
| 3 |
Goldman Sachs
New York
|
+$8.55M |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$8.31M |
| 5 |
FF
Friedenthal Financial
Marlton,
New Jersey
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CNO Financial Group
Carmel,
Indiana
|
-$47.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$41.5M |
| 3 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$9.17M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
376
Gradient Investments
Arden Hills,
Minnesota
| – | -$27K | -2,013 | Closed |
|
|
EWA
377
ERTS Wealth Advisors
Marquette,
Michigan
| – | -$24K | -1,780 | Closed |
|
|
W
378
WealthOne
Albany,
New York
| – | -$13K | -980 | Closed |
|
379
BlackRock
New York
| – | -$12K | -920 | Closed |
|
|
BBPWM
380
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$9K | -653 | Closed |
|
|
RFM
381
Royal Fund Management
Lady Lake,
Florida
| – | -$8K | -633 | Closed |
|
382
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3K | -246 | Closed |
|
|
BCA
383
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -94 | Closed |
|
|
SMFS
384
Squar Milner Financial Services
Irvine,
California
| – | -$1K | -71 | Closed |
|
|
BWM
385
Baystate Wealth Management
Boston,
Massachusetts
| – | -$1K | -51 | Closed |
|
|
DWM
386
Destination Wealth Management
Walnut Creek,
California
| – | +$114 | +8 | New |
|
PGX Hedge Fund Activity: Q1 2019 in Review
347 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q1 2019, worth a combined $2.04B — up 6.8% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PGX positions and 39 closed out — a net gain of 6 holders — while 125 added to existing stakes and 114 trimmed.
The largest buyer was Jane Street, adding an estimated $12.4M. The largest seller was CNO Financial Group, exiting entirely with an estimated $47.9M sold.
- 347 institutional investors held Invesco Preferred ETF (PGX) as of Q1 2019, up from 344 in Q4 2018.
- Funds reported $2.04B of Invesco Preferred ETF stock for Q1 2019, up 6.8% quarter-over-quarter.
- 45 funds opened new Invesco Preferred ETF positions in Q1 2019 and 39 closed out, a net change of +6 holders.
- The largest Invesco Preferred ETF buyer in Q1 2019 was Jane Street, an estimated $12.4M added.
- The largest Invesco Preferred ETF seller in Q1 2019 was CNO Financial Group, an estimated $47.9M sold.
Based on aggregated 13F filings for Q1 2019.