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Invesco Preferred ETF

506 hedge funds and large institutions have $3.08B invested in Invesco Preferred ETF in 2021 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 205 increasing their positions, 146 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 146

34% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 53

3% more funds holding

Funds holding: 492506 (+14)

2.74% more ownership

Funds ownership: 41.35%44.09% (+2.7%)

2% more call options, than puts

Call options by funds: $206K | Put options by funds: $201K

2% more capital invested

Capital invested by funds: $3.02B → $3.08B (+$61.2M)

24% less funds holding in top 10

Funds holding in top 10: 1713 (-4)

Holders
506
Holders Change
+14
Holders Change %
+2.85%
% of All Funds
8.88%
Holding in Top 10
13
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-23.53%
% of All Funds
0.23%
New
71
Increased
205
Reduced
146
Closed
53
Calls
$206K
Puts
$201K
Net Calls
+$5K
Net Calls Change
+$5K
Name Holding Trade Value Shares
Change
Change in
Stake
Cetera Investment Advisers
26
Cetera Investment Advisers
Illinois
$12.4M +$6.15M +413,612 +100%
ISB
27
Iowa State Bank
Iowa
$12.3M +$2.18M +146,475 +22%
KAS
28
Kestra Advisory Services
Texas
$11.8M -$2.08M -139,612 -15%
PA
29
Parkside Advisors
California
$11.2M +$1.08M +72,608 +11%
Creative Planning
30
Creative Planning
Kansas
$11.1M -$67.4K -4,530 -0.6%
PT
31
Plimoth Trust
Massachusetts
$10.8M +$144K +9,685 +1%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$10.4M +$220K +14,797 +2%
CA
33
Crewe Advisors
Utah
$10.3M +$1.81M +121,626 +22%
CCMG
34
Clark Capital Management Group
Pennsylvania
$10.2M +$757K +50,919 +8%
BMM
35
Buffington Mohr McNeal
Idaho
$10.1M -$191K -12,868 -2%
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$10M -$18.2M -1,223,503 -65%
ONB
37
Old National Bancorp
Indiana
$9.84M +$532K +35,755 +6%
AWM
38
AE Wealth Management
Kansas
$9.75M +$1.56M +105,163 +19%
FNBTCON
39
First National Bank & Trust Co of Newtown
Pennsylvania
$9.52M -$281K -18,926 -3%
ODCM
40
Old Dominion Capital Management
Virginia
$9.41M +$3.66M +245,780 +64%
Mercer Global Advisors
41
Mercer Global Advisors
Colorado
$8.71M +$734K +49,380 +9%
RJA
42
Raymond James & Associates
Florida
$8.66M -$327K -21,991 -4%
PAG
43
Private Advisor Group
New Jersey
$8.5M +$2.69M +180,856 +47%
SAMC
44
Spectrum Asset Management (Connecticut)
Connecticut
$8.46M -$985K -66,236 -11%
Renaissance Technologies
45
Renaissance Technologies
New York
$8.19M -$1.08M -72,597 -12%
MCM
46
MV Capital Management
Maryland
$7.6M +$2.27M +152,741 +43%
TC
47
Tatro Capital
Kentucky
$7.4M +$584K +39,295 +9%
ML
48
McAdam LLC
Pennsylvania
$7.31M +$278K +18,705 +4%
BRWA
49
B. Riley Wealth Advisors
Florida
$7.3M +$6.71M +450,966 +1,271%
Invesco
50
Invesco
Georgia
$7.16M +$554K +37,271 +8%

PGX Hedge Fund Activity: Q1 2021 in Review

506 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q1 2021, worth a combined $3.08B — up 2% from $3.02B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new PGX positions and 53 closed out — a net gain of 18 holders — while 205 added to existing stakes and 146 trimmed.

The largest buyer was Bessemer Group, adding an estimated $115M. The largest seller was Charles Schwab, exiting entirely with an estimated $53.7M sold.

  • 506 institutional investors held Invesco Preferred ETF (PGX) as of Q1 2021, up from 492 in Q4 2020.
  • Funds reported $3.08B of Invesco Preferred ETF stock for Q1 2021, up 2% quarter-over-quarter.
  • 71 funds opened new Invesco Preferred ETF positions in Q1 2021 and 53 closed out, a net change of +18 holders.
  • The largest Invesco Preferred ETF buyer in Q1 2021 was Bessemer Group, an estimated $115M added.
  • The largest Invesco Preferred ETF seller in Q1 2021 was Charles Schwab, an estimated $53.7M sold.

Based on aggregated 13F filings for Q1 2021.