Invesco Preferred ETF
523 hedge funds and large institutions have $2.84B invested in Invesco Preferred ETF in 2022 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 153 increasing their positions, 219 reducing their positions, and 66 closing their positions.
0.04% less ownership
Funds ownership: 42.45% → 42.41% (-0.04%)
3% less funds holding
Funds holding: 539 → 523 (-16)
15% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 66
15% less capital invested
Capital invested by funds: $3.36B → $2.84B (-$518M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
30% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 219
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$22.7M |
| 2 |
AWS
AJ Wealth Strategies
New York
|
+$7.44M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.29M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$6.96M |
| 5 |
Renaissance Technologies
New York
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$28.5M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$19M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$17.4M |
| 5 |
PI
PFS Investments
Duluth,
Georgia
|
-$14.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
576
Manchester Capital Management
Manchester,
Vermont
| – | -$12K | -775 | Closed |
|
|
BC
577
Barnett & Company
Chattanooga,
Tennessee
| – | -$11K | -700 | Closed |
|
|
EVM
578
Eaton Vance Management
Boston,
Massachusetts
| – | -$9K | -601 | Closed |
|
|
CPFP
579
Clear Perspectives Financial Planning
Cincinnati,
Ohio
| – | -$8K | -532 | Closed |
|
|
SFM
580
Signet Financial Management
Parsippany,
New Jersey
| – | -$7K | -479 | Closed |
|
|
ACA
581
Aptus Capital Advisors
Fairhope,
Alabama
| – | -$5K | -330 | Closed |
|
|
RIA
582
Richwood Investment Advisors
Cincinnati,
Ohio
| – | -$5K | -300 | Closed |
|
583
Franklin Resources
San Mateo,
California
| – | -$2K | -148 | Closed |
|
|
MPCG
584
Matrix Private Capital Group
New York
| – | +$209 | +15 | New |
|
PGX Hedge Fund Activity: Q1 2022 in Review
523 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q1 2022, worth a combined $2.84B — down 15% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PGX and 56 opened new positions — a net loss of 10 holders — while 219 trimmed existing stakes and 153 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $22.7M. The largest seller was Envestnet Asset Management, cutting an estimated $28.5M.
- 523 institutional investors held Invesco Preferred ETF (PGX) as of Q1 2022, down from 539 in Q4 2021.
- Funds reported $2.84B of Invesco Preferred ETF stock for Q1 2022, down 15% quarter-over-quarter.
- 56 funds opened new Invesco Preferred ETF positions in Q1 2022 and 66 closed out, a net change of -10 holders.
- The largest Invesco Preferred ETF buyer in Q1 2022 was First Trust Advisors, an estimated $22.7M added.
- The largest Invesco Preferred ETF seller in Q1 2022 was Envestnet Asset Management, an estimated $28.5M sold.
Based on aggregated 13F filings for Q1 2022.