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Invesco Preferred ETF

491 hedge funds and large institutions have $2.1B invested in Invesco Preferred ETF in 2024 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 150 increasing their positions, 183 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

290% more call options, than puts

Call options by funds: $164K | Put options by funds: $42K

19% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 47

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

1% less funds holding

Funds holding: 494491 (-3)

2.42% less ownership

Funds ownership: 48.77%46.36% (-2.4%)

5% less capital invested

Capital invested by funds: $2.22B → $2.1B (-$120M)

18% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 183

Holders
491
Holders Change
-3
Holders Change %
-0.61%
% of All Funds
7.07%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.1%
New
56
Increased
150
Reduced
183
Closed
47
Calls
$164K
Puts
$42K
Net Calls
+$122K
Net Calls Change
+$84K
Name Holding Trade Value Shares
Change
Change in
Stake
AA
476
Ancora Advisors
Ohio
$1.28K +$589 +50 +86%
OC
477
Oakworth Capital
Alabama
$1.06K
LCM
478
Logan Capital Management
Pennsylvania
$1.06K +$12 +1 +1%
VWM
479
Venturi Wealth Management
Texas
$1.05K
FPFS
480
First Personal Financial Services
North Carolina
$1.02K +$1.01K +86 New
POIA
481
Pin Oak Investment Advisors
Texas
$1K
AP
482
Aspect Partners
Virginia
$891 +$884 +75 New
SSB
483
Sandy Spring Bank
Maryland
$855
FMII
484
Farmers & Merchants Investments Inc
Nebraska
$760
PA
485
PSI Advisors
Florida
$725
CSWM
486
Cassady Schiller Wealth Management
Ohio
$499 +$495 +42 New
BC
487
Barrett & Company
Rhode Island
$413
PFBT
488
Parkside Financial Bank & Trust
Missouri
$250
GEA
489
Glen Eagle Advisors
New Jersey
$154
SAM
490
Smartleaf Asset Management
Massachusetts
$101 +$12 +1 +14%
Fidelity Investments
491
Fidelity Investments
Massachusetts
$12 -$177 -15 -94%
GA
492
GoalVest Advisory
New York
$12 -$12 -1 -50%
OSAM
493
O'Shaughnessy Asset Management
Connecticut
$1
GBWM
494
Granite Bay Wealth Management
New Hampshire
-$9.79M -897,163 Closed
GS
495
GTS Securities
New York
-$9.41M -820,566 Closed
Principal Financial Group
496
Principal Financial Group
Iowa
-$6.91M -602,725 Closed
JIP
497
Jaffetilchin Investment Partners
Florida
-$3.6M -314,205 Closed
First Trust Advisors
498
First Trust Advisors
Illinois
-$2.48M -215,969 Closed
GC
499
Guidance Capital
Kentucky
-$1.04M -90,989 Closed
AC
500
AlphaCore Capital
California
-$898K -78,283 Closed

PGX Hedge Fund Activity: Q1 2024 in Review

491 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q1 2024, worth a combined $2.1B — down 5.4% from $2.22B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new PGX positions and 47 closed out — a net gain of 9 holders — while 150 added to existing stakes and 183 trimmed.

The largest buyer was LPL Financial, adding an estimated $19.5M. The largest seller was Morgan Stanley, cutting an estimated $106M.

  • 491 institutional investors held Invesco Preferred ETF (PGX) as of Q1 2024, down from 494 in Q4 2023.
  • Funds reported $2.1B of Invesco Preferred ETF stock for Q1 2024, down 5.4% quarter-over-quarter.
  • 56 funds opened new Invesco Preferred ETF positions in Q1 2024 and 47 closed out, a net change of +9 holders.
  • The largest Invesco Preferred ETF buyer in Q1 2024 was LPL Financial, an estimated $19.5M added.
  • The largest Invesco Preferred ETF seller in Q1 2024 was Morgan Stanley, an estimated $106M sold.

Based on aggregated 13F filings for Q1 2024.