We are live on ! Find out more
PGX icon

Invesco Preferred ETF

232 hedge funds and large institutions have $1.59B invested in Invesco Preferred ETF in 2016 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 73 increasing their positions, 86 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 36

2% more funds holding

Funds holding: 227232 (+5)

3.42% less ownership

Funds ownership: 40.19%36.77% (-3.4%)

15% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 86

19% less capital invested

Capital invested by funds: $1.95B → $1.59B (-$362M)

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

Holders
232
Holders Change
+5
Holders Change %
+2.2%
% of All Funds
5.8%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.33%
New
45
Increased
73
Reduced
86
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
51
Baird Financial Group
Wisconsin
$2.88M -$413K -28,340 -12%
DLCIG
52
D.L. Carlson Investment Group
New Hampshire
$2.85M +$917K +62,948 +46%
AIA
53
Allegis Investment Advisors
Idaho
$2.85M +$88.3K +6,064 +3%
TF
54
Tompkins Financial
New York
$2.82M +$58.8K +4,036 +2%
RWM
55
Ritholtz Wealth Management
New York
$2.59M +$2.65M +182,162 New
Jane Street
56
Jane Street
New York
$2.48M +$2.06M +141,452 +429%
TFA
57
Toth Financial Advisory
Virginia
$2.29M -$34.8K -2,387 -1%
CIM
58
Cetera Investment Management
California
$2.23M +$2.28M +156,576 New
MFS
59
Madrona Financial Services
Washington
$2.15M -$115K -7,887 -5%
IWA
60
IBEX Wealth Advisors
New Jersey
$2.15M -$1.3M -89,108 -37%
GWCM
61
Godshalk Welsh Capital Management
Pennsylvania
$2.01M -$116K -7,950 -5%
CIBC World Market
62
CIBC World Market
Ontario, Canada
$2M -$4.19M -287,537 -67%
TWM
63
Torch Wealth Management
Ohio
$1.99M +$248 +17 +0%
RJA
64
Raymond James & Associates
Florida
$1.93M -$3.69M -253,465 -65%
Susquehanna International Group
65
Susquehanna International Group
Pennsylvania
$1.92M +$1.57M +107,633 +397%
KFC
66
Klingenstein Fields & Co
New York
$1.89M
ICOA
67
Investment Centers of America
North Dakota
$1.89M +$1.01M +69,211 +107%
SWP
68
Stratos Wealth Partners
Ohio
$1.79M -$192K -13,165 -9%
CA
69
Cetera Advisors
Colorado
$1.76M +$2.04K +140 +0.1%
Millennium Management
70
Millennium Management
New York
$1.72M +$148K +10,134 +9%
AI
71
Atria Investments
North Carolina
$1.72M +$1.76M +120,746 New
HSA
72
HBK Sorce Advisory
Pennsylvania
$1.64M +$634K +43,550 +61%
BCM
73
Bluefin Capital Management
New York
$1.64M +$1.67M +114,885 New
SB
74
Suntrust Banks
Georgia
$1.57M +$376K +25,811 +33%
SLA
75
Silver Lake Advisory
Utah
$1.55M +$13.2K +903 +0.8%

PGX Hedge Fund Activity: Q4 2016 in Review

232 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2016, worth a combined $1.59B — down 19% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PGX positions and 36 closed out — a net gain of 9 holders — while 73 added to existing stakes and 86 trimmed.

The largest buyer was First Allied Advisory Services, adding an estimated $11.4M. The largest seller was Bank of America, cutting an estimated $75.8M.

  • 232 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2016, up from 227 in Q3 2016.
  • Funds reported $1.59B of Invesco Preferred ETF stock for Q4 2016, down 19% quarter-over-quarter.
  • 45 funds opened new Invesco Preferred ETF positions in Q4 2016 and 36 closed out, a net change of +9 holders.
  • The largest Invesco Preferred ETF buyer in Q4 2016 was First Allied Advisory Services, an estimated $11.4M added.
  • The largest Invesco Preferred ETF seller in Q4 2016 was Bank of America, an estimated $75.8M sold.

Based on aggregated 13F filings for Q4 2016.