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Invesco Preferred ETF

314 hedge funds and large institutions have $2.33B invested in Invesco Preferred ETF in 2018 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 105 increasing their positions, 115 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

4% more capital invested

Capital invested by funds: $2.24B → $2.33B (+$90.4M)

0.95% more ownership

Funds ownership: 42.82%43.77% (+0.95%)

2% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 45

9% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 115

2% less funds holding

Funds holding: 320314 (-6)

Holders
314
Holders Change
-6
Holders Change %
-1.88%
% of All Funds
7.19%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.32%
New
44
Increased
105
Reduced
115
Closed
45
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
51
Raymond James Financial Services Advisors
Florida
$3.75M +$682K +47,106 +22%
Cetera Investment Advisers
52
Cetera Investment Advisers
Illinois
$3.73M +$104K +7,183 +3%
ML
53
McAdam LLC
Pennsylvania
$3.73M +$263K +18,158 +8%
SP
54
SWS Partners
Ohio
$3.73M -$430K -29,715 -10%
CCA
55
Clearwater Capital Advisors
Illinois
$3.62M +$76.2K +5,260 +2%
CT
56
Coastline Trust
Rhode Island
$3.48M -$114K -7,850 -3%
AI
57
Atria Investments
North Carolina
$3.47M +$1.33M +91,830 +63%
Baird Financial Group
58
Baird Financial Group
Wisconsin
$3.33M -$161K -11,147 -5%
RJA
59
Raymond James & Associates
Florida
$3.11M +$569K +39,273 +23%
Stifel Financial
60
Stifel Financial
Missouri
$3.07M -$225K -15,575 -7%
I
61
INVST
Indiana
$2.58M +$1.58M +109,028 +161%
CIBC World Market
62
CIBC World Market
Ontario, Canada
$2.52M +$69.8K +4,821 +3%
CA
63
Crewe Advisors
Utah
$2.47M -$139K -9,572 -5%
PA
64
Perennial Advisors
New York
$2.46M -$46.7K -3,226 -2%
FDCDDQ
65
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.44M +$111K +7,660 +5%
IWA
66
IBEX Wealth Advisors
New Jersey
$2.41M
ACA
67
Atlas Capital Advisors
Wyoming
$2.35M -$213K -14,726 -8%
MWA
68
MFA Wealth Advisors
Pennsylvania
$2.35M +$80.9K +5,588 +4%
IP
69
Intellectus Partners
California
$2.34M +$137K +9,456 +6%
DCM
70
Dearborn Capital Management
Illinois
$2.33M
HSA
71
HBK Sorce Advisory
Pennsylvania
$2.16M +$68.8K +4,754 +3%
AAP
72
Arax Advisory Partners
Colorado
$2.11M -$461K -31,864 -18%
TFA
73
Toth Financial Advisory
Virginia
$2.06M -$221K -15,253 -10%
NMC
74
Nine Masts Capital
Hong Kong
$1.99M +$1.97M +136,400 New
SPC
75
Sigma Planning Corp
Michigan
$1.97M +$708K +48,927 +57%

PGX Hedge Fund Activity: Q2 2018 in Review

314 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2018, worth a combined $2.33B — up 4% from $2.24B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of PGX and 44 opened new positions — a net loss of 1 holder — while 115 trimmed existing stakes and 105 added.

The largest buyer was Cohen & Steers, opening a new position worth an estimated $141M. The largest seller was First Allied Advisory Services, cutting an estimated $12.8M.

  • 314 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2018, down from 320 in Q1 2018.
  • Funds reported $2.33B of Invesco Preferred ETF stock for Q2 2018, up 4% quarter-over-quarter.
  • 44 funds opened new Invesco Preferred ETF positions in Q2 2018 and 45 closed out, a net change of -1 holder.
  • The largest Invesco Preferred ETF buyer in Q2 2018 was Cohen & Steers, an estimated $141M added.
  • The largest Invesco Preferred ETF seller in Q2 2018 was First Allied Advisory Services, an estimated $12.8M sold.

Based on aggregated 13F filings for Q2 2018.