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Invesco Preferred ETF

416 hedge funds and large institutions have $2.45B invested in Invesco Preferred ETF in 2019 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 175 increasing their positions, 90 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

252% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 25

94% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 90

16% more funds holding

Funds holding: 358416 (+58)

8% more capital invested

Capital invested by funds: $2.27B → $2.45B (+$175M)

0.82% more ownership

Funds ownership: 40.84%41.66% (+0.82%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

Holders
416
Holders Change
+58
Holders Change %
+16.2%
% of All Funds
8.2%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.32%
New
88
Increased
175
Reduced
90
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TWA
401
TCI Wealth Advisors
Arizona
$3K -$2.54K -170 -47%
SIAS
402
Shine Investment Advisory Services
Colorado
$3K
TA
403
TFG Advisers
Michigan
$3K +$3.13K +210 New
Chevy Chase Trust
404
Chevy Chase Trust
Maryland
$2K +$1.6K +107 New
IFWM
405
Institute for Wealth Management
Colorado
$2K +$1.67K +112 New
LFG
406
Larson Financial Group
Missouri
$2K +$1.67K +112 New
AIS
407
Accurate Investment Solutions
Pennsylvania
$2K +$1.99K +133 New
Cohen & Steers
408
Cohen & Steers
New York
$1K -$41.6M -2,785,762 -100%
TT
409
TI-Trust
Illinois
$1K +$806 +54 New
MPCG
410
Matrix Private Capital Group
New York
$1K +$881 +59 New
PGAM
411
Princeton Global Asset Management
New Jersey
$160
SHWM
412
Silicon Hills Wealth Management
Texas
$7 +$15 +1 New
TLP
413
Trinity Legacy Partners
Texas
-$29.9M -1,980,064 Closed
Jane Street
414
Jane Street
New York
-$4.99M -331,915 Closed
AP
415
Advisors Preferred
Maryland
-$3.08M -204,861 Closed
CWM
416
Centric Wealth Management
Illinois
-$1.99M -132,959 Closed
M&T Bank
417
M&T Bank
New York
-$1.13M -75,144 Closed
CA
418
Calton & Associates
Florida
-$714K -47,504 Closed
GSWM
419
Golden State Wealth Management
California
-$402K -26,774 Closed
FGAM
420
Financial Gravity Asset Management
Texas
-$342K -22,916 -100%
Northern Trust
421
Northern Trust
Illinois
-$316K -21,019 Closed
FI
422
FormulaFolio Investments
Michigan
-$216K -14,361 Closed
GM
423
GeoWealth Management
Illinois
-$185K -12,306 Closed
MPW
424
MA Private Wealth
California
-$182K -12,148 Closed
ACG
425
Allen Capital Group
Nebraska
-$156K -10,453 Closed

PGX Hedge Fund Activity: Q4 2019 in Review

416 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2019, worth a combined $2.45B — up 7.7% from $2.27B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new PGX positions and 25 closed out — a net gain of 63 holders — while 175 added to existing stakes and 90 trimmed.

The largest buyer was Bank of America, adding an estimated $31.9M. The largest seller was Cohen & Steers, cutting an estimated $41.6M.

  • 416 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2019, up from 358 in Q3 2019.
  • Funds reported $2.45B of Invesco Preferred ETF stock for Q4 2019, up 7.7% quarter-over-quarter.
  • 88 funds opened new Invesco Preferred ETF positions in Q4 2019 and 25 closed out, a net change of +63 holders.
  • The largest Invesco Preferred ETF buyer in Q4 2019 was Bank of America, an estimated $31.9M added.
  • The largest Invesco Preferred ETF seller in Q4 2019 was Cohen & Steers, an estimated $41.6M sold.

Based on aggregated 13F filings for Q4 2019.