Invesco Preferred ETF
506 hedge funds and large institutions have $3.43B invested in Invesco Preferred ETF in 2021 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 223 increasing their positions, 135 reducing their positions, and 32 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 135
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
2% more capital invested
Capital invested by funds: $3.37B → $3.43B (+$62.4M)
0% more funds holding
Funds holding: 506 → 506 (0)
0.45% less ownership
Funds ownership: 44.61% → 44.16% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$39M |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$18M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$15M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$11.8M |
| 5 |
Morgan Stanley
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.9M |
| 2 |
Renaissance Technologies
New York
|
-$11.3M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$11.1M |
| 4 |
HA
Harfst & Associates
Sheridan,
Wyoming
|
-$7.22M |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$6.65M |
PGX Hedge Fund Activity: Q3 2021 in Review
506 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q3 2021, worth a combined $3.43B — up 1.9% from $3.37B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PGX positions and 32 closed out — a net gain of 5 holders — while 223 added to existing stakes and 135 trimmed.
The largest buyer was Bank of America, adding an estimated $39M. The largest seller was Royal Bank of Canada, cutting an estimated $17.9M.
- 506 institutional investors held Invesco Preferred ETF (PGX) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $3.43B of Invesco Preferred ETF stock for Q3 2021, up 1.9% quarter-over-quarter.
- 37 funds opened new Invesco Preferred ETF positions in Q3 2021 and 32 closed out, a net change of +5 holders.
- The largest Invesco Preferred ETF buyer in Q3 2021 was Bank of America, an estimated $39M added.
- The largest Invesco Preferred ETF seller in Q3 2021 was Royal Bank of Canada, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2021.