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Invesco Preferred ETF

494 hedge funds and large institutions have $2.22B invested in Invesco Preferred ETF in 2023 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 119 increasing their positions, 216 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more call options, than puts

Call options by funds: $111K | Put options by funds: $73K

49% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 49

6% more capital invested

Capital invested by funds: $2.09B → $2.22B (+$127M)

3% more funds holding

Funds holding: 478494 (+16)

2.19% more ownership

Funds ownership: 46.58%48.77% (+2.2%)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

45% less repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 216

Holders
494
Holders Change
+16
Holders Change %
+3.35%
% of All Funds
7.2%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
73
Increased
119
Reduced
216
Closed
49
Calls
$111K
Puts
$73K
Net Calls
+$38K
Net Calls Change
-$1.18M
Name Holding Trade Value Shares
Change
Change in
Stake
MWM
376
Mattern Wealth Management
Kansas
$115K -$4.37K -400 -4%
FWM
377
Focused Wealth Management
New York
$114K +$218 +20 +0.2%
PA
378
Parallel Advisors
California
$109K -$102K -9,313 -50%
UB
379
UMB Bank
Missouri
$104K +$98.6K +9,033 New
CIAS
380
Capital Investment Advisory Services
North Carolina
$97.1K +$10.9K +1,003 +13%
AWM
381
Avior Wealth Management
Nebraska
$95.4K -$63.2K -5,787 -41%
SAM
382
S.A. Mason
Michigan
$95.3K
WSCM
383
Wellington Shields Capital Management
New York
$93.2K +$382 +35 +0.4%
TRCT
384
Tower Research Capital (TRC)
New York
$90K +$60.4K +5,532 +239%
TSWM
385
Tyler-Stone Wealth Management
Ohio
$89.6K +$709 +65 +0.8%
PSB
386
Piscataqua Savings Bank
New Hampshire
$85.7K -$278K -25,500 -77%
HT
387
Headlands Technologies
Illinois
$83.5K +$69.7K +6,382 +712%
RF
388
Robbins Farley
New Hampshire
$83K
BAM
389
Bellevue Asset Management
Washington
$77.6K -$1.76K -161 -2%
RPCA
390
Running Point Capital Advisors
California
$77.1K -$24.1K -2,212 -25%
BSB
391
Bangor Savings Bank
Maine
$74.6K
BCWM
392
Bartlett & Co Wealth Management
Ohio
$74.4K
BC
393
Bartlett & Co
Ohio
$74K
CFGS
394
Concourse Financial Group Securities
Alabama
$69.7K +$7.09K +650 +12%
TCA
395
Trifecta Capital Advisors
Illinois
$68.5K +$65.2K +5,975 New
CHA
396
Carmichael Hill & Associates
Maryland
$66.9K -$6.06K -555 -9%
TF
397
Tompkins Financial
New York
$65.9K -$72.1K -6,606 -53%
ASBI
398
American State Bank (Iowa)
Iowa
$64.5K +$1.89K +173 +3%
CA
399
Clearstead Advisors
Ohio
$63.9K -$60.9K -5,575 -50%
DSC
400
Duncker Streett & Co
Missouri
$63.1K

PGX Hedge Fund Activity: Q4 2023 in Review

494 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2023, worth a combined $2.22B — up 6.1% from $2.09B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new PGX positions and 49 closed out — a net gain of 24 holders — while 119 added to existing stakes and 216 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $81.6M. The largest seller was LPL Financial, cutting an estimated $42.8M.

  • 494 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2023, up from 478 in Q3 2023.
  • Funds reported $2.22B of Invesco Preferred ETF stock for Q4 2023, up 6.1% quarter-over-quarter.
  • 73 funds opened new Invesco Preferred ETF positions in Q4 2023 and 49 closed out, a net change of +24 holders.
  • The largest Invesco Preferred ETF buyer in Q4 2023 was Morgan Stanley, an estimated $81.6M added.
  • The largest Invesco Preferred ETF seller in Q4 2023 was LPL Financial, an estimated $42.8M sold.

Based on aggregated 13F filings for Q4 2023.