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Invesco Preferred ETF

314 hedge funds and large institutions have $2.33B invested in Invesco Preferred ETF in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 105 increasing their positions, 115 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

4% more capital invested

Capital invested by funds: $2.24B → $2.33B (+$90.4M)

0.95% more ownership

Funds ownership: 42.82%43.77% (+0.95%)

2% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 45

9% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 115

2% less funds holding

Funds holding: 320314 (-6)

Holders
314
Holders Change
-6
Holders Change %
-1.88%
% of All Funds
7.19%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.32%
New
44
Increased
105
Reduced
115
Closed
45
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
26
Advisor Group
Arizona
$8.07M +$346K +23,911 +5%
BTS
27
BB&T Securities
Virginia
$8.05M +$965K +66,665 +14%
NFG
28
Noven Financial Group
Colorado
$7.96M -$355K -24,554 -4%
CWM
29
Cornerstone Wealth Management
Missouri
$7.74M +$1.64M +113,242 New
SFA
30
Sequoia Financial Advisors
Ohio
$7.7M +$777K +53,650 +11%
Asset Management One
31
Asset Management One
Japan
$7.66M -$1.32M -91,000 -15%
Jane Street
32
Jane Street
New York
$6.96M +$3.52M +243,022 +103%
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$6.46M +$873K +60,283 +16%
GC
34
Guggenheim Capital
Illinois
$6.44M -$91.3K -6,306 -1%
Envestnet Asset Management
35
Envestnet Asset Management
Illinois
$5.76M -$24K -1,658 -0.4%
AA
36
Apriem Advisors
California
$5.71M +$144K +9,934 +3%
AG
37
Appleton Group
Wisconsin
$5.48M +$5.45M +376,267 New
CWM
38
CMH Wealth Management
New Hampshire
$5.24M +$559K +38,605 +12%
FWM
39
FFT Wealth Management
Pennsylvania
$5.11M -$298K -20,552 -6%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$4.89M
CCM
41
Compton Capital Management
Rhode Island
$4.81M
MCM
42
MV Capital Management
Maryland
$4.8M -$98.4K -6,795 -2%
ISB
43
Iowa State Bank
Iowa
$4.77M +$24.1K +1,665 +0.5%
PI
44
PineBridge Investments
New York
$4.68M -$623K -43,000 -12%
IA
45
IndexIQ Advisors
New York
$4.68M +$4.65M +321,203 New
Prudential Financial
46
Prudential Financial
New Jersey
$4.37M -$104K -7,200 -2%
ACM
47
AlphaStar Capital Management
North Carolina
$4.3M +$155K +10,682 +4%
BWM
48
Biltmore Wealth Management
Arizona
$3.93M -$148K -10,221 -4%
PAG
49
Private Advisor Group
New Jersey
$3.9M +$923K +63,739 +31%
TF
50
Tompkins Financial
New York
$3.8M +$125K +8,618 +3%

PGX Hedge Fund Activity: Q2 2018 in Review

314 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2018, worth a combined $2.33B — up 4% from $2.24B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of PGX and 44 opened new positions — a net loss of 1 holder — while 115 trimmed existing stakes and 105 added.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $141M. The largest seller was First Allied Advisory Services, cutting an estimated $12.8M.

  • 314 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2018, down from 320 in Q1 2018.
  • Funds reported $2.33B of Invesco Preferred ETF stock for Q2 2018, up 4% quarter-over-quarter.
  • 44 funds opened new Invesco Preferred ETF positions in Q2 2018 and 45 closed out, a net change of -1 holder.
  • The largest Invesco Preferred ETF buyer in Q2 2018 was Cohen & Steers, an estimated $141M added.
  • The largest Invesco Preferred ETF seller in Q2 2018 was First Allied Advisory Services, an estimated $12.8M sold.

Based on aggregated 13F filings for Q2 2018.