Invesco Preferred ETF
362 hedge funds and large institutions have $2.19B invested in Invesco Preferred ETF in 2019 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 152 increasing their positions, 101 reducing their positions, and 29 closing their positions.
69% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 29
50% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 101
7% more capital invested
Capital invested by funds: $2.04B → $2.19B (+$153M)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
4% more funds holding
Funds holding: 347 → 362 (+15)
0.11% less ownership
Funds ownership: 42.29% → 42.19% (-0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$28.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.6M |
| 3 |
LPL Financial
San Diego,
California
|
+$11.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$14M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$8.04M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$7.95M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$4.46M |
| 5 |
EFS
Econ Financial Services
Harrisburg,
Pennsylvania
|
-$3.77M |
PGX Hedge Fund Activity: Q2 2019 in Review
362 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2019, worth a combined $2.19B — up 7.5% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PGX positions and 29 closed out — a net gain of 20 holders — while 152 added to existing stakes and 101 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $28.1M. The largest seller was Jane Street, exiting entirely with an estimated $14M sold.
- 362 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2019, up from 347 in Q1 2019.
- Funds reported $2.19B of Invesco Preferred ETF stock for Q2 2019, up 7.5% quarter-over-quarter.
- 49 funds opened new Invesco Preferred ETF positions in Q2 2019 and 29 closed out, a net change of +20 holders.
- The largest Invesco Preferred ETF buyer in Q2 2019 was Cohen & Steers, an estimated $28.1M added.
- The largest Invesco Preferred ETF seller in Q2 2019 was Jane Street, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2019.