We are live on ! Find out more
PGX icon

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
IWC
51
Integrated Wealth Concepts
Massachusetts
$5.06M -$846K -71,785 -14%
GAA
52
Global Assets Advisory
Florida
$5.02M +$704K +59,726 New
SIS
53
Sound Income Strategies
Florida
$4.64M +$414K +35,108 +10%
Baird Financial Group
54
Baird Financial Group
Wisconsin
$4.55M +$295K +25,042 +7%
William Blair & Company
55
William Blair & Company
Illinois
$4.22M +$624K +52,947 +18%
SCTC
56
Sanibel Captiva Trust Company
Florida
$4.13M -$348K -29,535 -8%
APP
57
Avantax Planning Partners
Iowa
$4.02M -$191K -16,232 -5%
BCM
58
Bluefin Capital Management
New York
$3.89M +$3.86M +327,270 New
FPB
59
First PREMIER Bank
South Dakota
$3.87M +$471K +39,996 +14%
IRC
60
Investors Research Corp
Georgia
$3.67M +$120K +10,224 +3%
FHB
61
First Hawaiian Bank
Hawaii
$3.49M -$180K -15,273 -5%
KAS
62
Kestra Advisory Services
Texas
$3.47M +$703K +59,628 +26%
AI
63
Atria Investments
North Carolina
$3.36M +$59.9K +5,079 +2%
CAN
64
Cetera Advisor Networks
California
$3.32M +$195K +16,512 +6%
KC
65
Kades & Cheifetz
Pennsylvania
$3.25M -$21.6K -1,835 -0.7%
GWM
66
Geneos Wealth Management
Colorado
$3.22M +$349K +29,599 +12%
FMB
67
Field & Main Bank
Kentucky
$3.2M +$1.9M +161,484 +150%
RL
68
Retireful LLC
Michigan
$2.98M +$2.96M +251,226 New
PS
69
Principal Securities
Iowa
$2.74M -$124K -10,558 -4%
KLCM
70
KG&L Capital Management
Louisiana
$2.67M -$84.4K -7,163 -3%
CST
71
Charles Schwab Trust
Nevada
$2.61M -$124K -10,524 -5%
SI
72
Stephens Inc
Arkansas
$2.61M +$476K +40,423 +23%
BAAM
73
Baker Avenue Asset Management
California
$2.58M +$64.9K +5,511 +3%
GFS
74
GYL Financial Synergies
Connecticut
$2.53M -$1.35M -114,811 -35%
OC
75
Oppenheimer & Co
New York
$2.51M +$351K +29,756 +16%

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.