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
NFG
101
Next Financial Group
Texas
$756K +$57.3K +3,930 +8%
TCM
102
Towercrest Capital Management
Pennsylvania
$721K +$738K +50,661 New
Fifth Third Bancorp
103
Fifth Third Bancorp
Ohio
$709K -$296K -20,348 -29%
CAN
104
Cetera Advisor Networks
California
$701K -$322K -22,080 -31%
SAM
105
SignalPoint Asset Management
Missouri
$700K +$466 +32 +0.1%
KFS
106
Kissinger Financial Services
Maryland
$671K +$33.7K +2,311 +5%
IWMPD
107
Integrated Wealth Management (Palm Desert)
California
$663K +$105K +7,180 +18%
IH
108
IFC Holdings
Florida
$652K +$79.3K +5,446 +14%
NPC
109
National Planning Corporation
California
$649K -$14.7K -1,007 -2%
SSWM
110
Sheets Smith Wealth Management
North Carolina
$616K
CIA
111
Capital Investment Advisors
Georgia
$613K -$179K -12,256 -22%
PA
112
Pinnacle Associates
New York
$599K -$69K -4,738 -10%
WPC
113
White Pine Capital
Minnesota
$593K
FF
114
Friedenthal Financial
New Jersey
$592K -$524K -35,949 -46%
Northwestern Mutual Wealth Management
115
Northwestern Mutual Wealth Management
Wisconsin
$549K +$563K +38,642 New
SFG
116
StrategIQ Financial Group
Indiana
$526K +$155K +10,628 +40%
Thrivent Financial for Lutherans
117
Thrivent Financial for Lutherans
Minnesota
$525K
OC
118
Oppenheimer & Co
New York
$508K -$25.8K -1,770 -5%
NEAM
119
New England Asset Management
Connecticut
$507K +$101K +6,900 +24%
PNC Financial Services Group
120
PNC Financial Services Group
Pennsylvania
$497K -$134K -9,175 -21%
BRF
121
B. Riley Financial
California
$445K +$110K +7,543 +32%
US Bancorp
122
US Bancorp
Minnesota
$444K +$250K +17,174 +122%
QIM
123
Quest Investment Management
Oregon
$443K
BAS
124
Brown Advisory Securities
Maryland
$440K +$8.29K +569 +2%
IWM
125
IHT Wealth Management
Illinois
$440K +$448K +30,776 New

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.