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Invesco Preferred ETF

269 hedge funds and large institutions have $1.9B invested in Invesco Preferred ETF in 2017 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 116 increasing their positions, 59 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 16

97% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 59

13% more funds holding in top 10

Funds holding in top 10: 1517 (+2)

11% more funds holding

Funds holding: 242269 (+27)

10% more capital invested

Capital invested by funds: $1.73B → $1.9B (+$167M)

0.82% less ownership

Funds ownership: 37.17%36.35% (-0.82%)

Holders
269
Holders Change
+27
Holders Change %
+11.16%
% of All Funds
6.71%
Holding in Top 10
17
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+13.33%
% of All Funds
0.42%
New
44
Increased
116
Reduced
59
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FNBTCON
26
First National Bank & Trust Co of Newtown
Pennsylvania
$9.77M +$171K +11,390 +2%
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$9.43M +$3.92M +261,104 +72%
PAG
28
Private Advisor Group
New Jersey
$8.34M +$629K +41,908 +8%
Asset Management One
29
Asset Management One
Japan
$8.23M +$2.5M +166,200 +44%
NFG
30
Noven Financial Group
Colorado
$8.09M +$123K +8,220 +2%
CCM
31
Covington Capital Management
California
$7.78M +$197K +13,100 +3%
AIA
32
Allegis Investment Advisors
Idaho
$7.74M +$3.18M +211,607 +70%
GC
33
Guggenheim Capital
Illinois
$7.71M +$201K +13,378 +3%
FWM
34
Frontier Wealth Management
Missouri
$7.5M +$178K +11,884 +2%
Envestnet Asset Management
35
Envestnet Asset Management
Illinois
$7.37M -$9.09M -605,325 -55%
CAN
36
Cetera Advisor Networks
California
$6.08M +$5.02M +334,412 +488%
BWM
37
Biltmore Wealth Management
Arizona
$6.04M -$164K -10,940 -3%
FWM
38
FFT Wealth Management
Pennsylvania
$5.95M +$133K +8,834 +2%
WCM
39
Weatherstone Capital Management
Colorado
$5.28M +$5.06M +337,099 +2,809%
MSWM
40
Mader & Shannon Wealth Management
Missouri
$5.16M +$5.13M +341,402 New
AP
41
Advisors Preferred
Maryland
$5.11M +$4.06M +270,565 +399%
CCM
42
Compton Capital Management
Rhode Island
$5.01M -$12K -800 -0.2%
MCM
43
MV Capital Management
Maryland
$4.86M +$311K +20,737 +7%
BWM
44
BerganKDV Wealth Management
Minnesota
$4.79M +$48.9K +3,257 +1%
Janney Montgomery Scott
45
Janney Montgomery Scott
Pennsylvania
$4.76M +$534K +35,586 +13%
RJFSA
46
Raymond James Financial Services Advisors
Florida
$4.75M +$821K +54,714 +21%
AG
47
Appleton Group
Wisconsin
$4.74M -$17K -1,134 -0.4%
CT
48
Coastline Trust
Rhode Island
$4.72M +$152K +10,140 +3%
CWM
49
CMH Wealth Management
New Hampshire
$4.64M +$17.5K +1,165 +0.4%
NDSI
50
Newman Dignan & Sheerar Inc
Rhode Island
$4.5M -$179K -11,937 -4%

PGX Hedge Fund Activity: Q2 2017 in Review

269 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2017, worth a combined $1.9B — up 9.7% from $1.73B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new PGX positions and 16 closed out — a net gain of 28 holders — while 116 added to existing stakes and 59 trimmed.

The largest buyer was Wells Fargo, adding an estimated $42.7M. The largest seller was Bank of America, cutting an estimated $53.4M.

  • 269 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2017, up from 242 in Q1 2017.
  • Funds reported $1.9B of Invesco Preferred ETF stock for Q2 2017, up 9.7% quarter-over-quarter.
  • 44 funds opened new Invesco Preferred ETF positions in Q2 2017 and 16 closed out, a net change of +28 holders.
  • The largest Invesco Preferred ETF buyer in Q2 2017 was Wells Fargo, an estimated $42.7M added.
  • The largest Invesco Preferred ETF seller in Q2 2017 was Bank of America, an estimated $53.4M sold.

Based on aggregated 13F filings for Q2 2017.