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Invesco Preferred ETF

427 hedge funds and large institutions have $2.71B invested in Invesco Preferred ETF in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 184 increasing their positions, 115 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 115

38% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 40

15% more capital invested

Capital invested by funds: $2.35B → $2.71B (+$361M)

3% more funds holding

Funds holding: 414427 (+13)

0.02% more ownership

Funds ownership: 41.75%41.77% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $421K

Holders
427
Holders Change
+13
Holders Change %
+3.14%
% of All Funds
8.62%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.38%
New
55
Increased
184
Reduced
115
Closed
40
Calls
Puts
$421K
Net Calls
-$421K
Net Calls Change
-$525K
Name Holding Trade Value Shares
Change
Change in
Stake
KAS
26
Kestra Advisory Services
Texas
$12.8M +$12.7M +866,362 New
Stifel Financial
27
Stifel Financial
Missouri
$10.7M +$2.48M +169,195 +30%
Creative Planning
28
Creative Planning
Kansas
$10.7M +$7.95M +542,245 +297%
CCM
29
Covington Capital Management
California
$10.6M +$2.34M +159,327 +28%
PT
30
Plimoth Trust
Massachusetts
$10.5M -$61.4K -4,183 -0.6%
SAMC
31
Spectrum Asset Management (Connecticut)
Connecticut
$10.3M -$56.6K -3,861 -0.6%
BMM
32
Buffington Mohr McNeal
Idaho
$10.2M -$41.6K -2,836 -0.4%
BCI
33
Brinker Capital Investments
Pennsylvania
$9.95M +$9.38M +639,888 +1,802%
FNBTCON
34
First National Bank & Trust Co of Newtown
Pennsylvania
$9.55M +$29.5K +2,010 +0.3%
CCMG
35
Clark Capital Management Group
Pennsylvania
$9.43M +$1.68M +114,391 +22%
PA
36
Parkside Advisors
California
$9.18M +$575K +39,206 +7%
ISB
37
Iowa State Bank
Iowa
$9M +$1.32M +89,886 +17%
Janney Montgomery Scott
38
Janney Montgomery Scott
Pennsylvania
$8.81M -$913K -62,251 -9%
TYCC
39
Texas Yale Capital Corp
Florida
$8.3M -$19.7K -1,340 -0.2%
RJA
40
Raymond James & Associates
Florida
$7.14M +$439K +29,941 +7%
Invesco
41
Invesco
Georgia
$6.69M -$3.89M -265,383 -37%
SKK
42
Shepherd Kaplan Krochuk
Massachusetts
$6.53M +$4.87M +332,045 +299%
TC
43
Tatro Capital
Kentucky
$6.41M +$1.22M +83,518 +24%
CA
44
Crewe Advisors
Utah
$5.91M +$29.4K +2,006 +0.5%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$5.82M +$1.64M +111,876 +40%
ML
46
McAdam LLC
Pennsylvania
$5.77M +$350K +23,891 +6%
Cetera Investment Advisers
47
Cetera Investment Advisers
Illinois
$5.57M +$104K +7,058 +2%
AGA
48
Arkos Global Advisors
Texas
$5.54M +$940K +64,078 +21%
ACA
49
Atlas Capital Advisors
Wyoming
$5.47M +$1.52M +103,849 +39%
AAP
50
Arax Advisory Partners
Colorado
$5.24M -$116K -7,934 -2%

PGX Hedge Fund Activity: Q3 2020 in Review

427 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q3 2020, worth a combined $2.71B — up 15% from $2.35B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PGX positions and 40 closed out — a net gain of 15 holders — while 184 added to existing stakes and 115 trimmed.

The largest buyer was Bank of America, adding an estimated $34.7M. The largest seller was Truist Financial, cutting an estimated $8.12M.

  • 427 institutional investors held Invesco Preferred ETF (PGX) as of Q3 2020, up from 414 in Q2 2020.
  • Funds reported $2.71B of Invesco Preferred ETF stock for Q3 2020, up 15% quarter-over-quarter.
  • 55 funds opened new Invesco Preferred ETF positions in Q3 2020 and 40 closed out, a net change of +15 holders.
  • The largest Invesco Preferred ETF buyer in Q3 2020 was Bank of America, an estimated $34.7M added.
  • The largest Invesco Preferred ETF seller in Q3 2020 was Truist Financial, an estimated $8.12M sold.

Based on aggregated 13F filings for Q3 2020.