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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
SHA
101
Seneca House Advisors
Virginia
$1.02M -$273K -18,889 -21%
Koshinski Asset Management
102
Koshinski Asset Management
Illinois
$1.01M +$29.2K +2,017 +3%
JMPWA
103
JP Morgan Private Wealth Advisors
California
$1.01M +$1M +69,218 New
HIM
104
Hillsdale Investment Management
Ontario, Canada
$1M
MFS
105
Madrona Financial Services
Washington
$968K -$26.6K -1,835 -3%
GAM
106
Gould Asset Management
California
$964K -$13.2K -910 -1%
SI
107
Stephens Inc
Arkansas
$956K +$951K +65,681 New
Susquehanna International Group
108
Susquehanna International Group
Pennsylvania
$955K +$950K +65,585 New
DADC
109
D.A. Davidson & Co
Montana
$935K -$19.5K -1,344 -2%
KFC
110
Klingenstein Fields & Co
New York
$934K -$883K -61,000 -49%
SSWM
111
Sheets Smith Wealth Management
North Carolina
$925K -$14.8K -1,020 -2%
CCB
112
Cutter & Co Brokerage
Missouri
$897K -$33.2K -2,296 -4%
FIM
113
Freedom Investment Management
Connecticut
$878K -$7.73K -534 -0.9%
BRF
114
B. Riley Financial
California
$876K +$101K +6,952 +13%
SPIA
115
Steward Partners Investment Advisory
New York
$841K -$115K -7,972 -12%
Millennium Management
116
Millennium Management
New York
$810K -$916K -63,269 -53%
Citigroup
117
Citigroup
New York
$808K -$82.4K -5,691 -9%
Fifth Third Bancorp
118
Fifth Third Bancorp
Ohio
$736K +$42.3K +2,922 +6%
RJT
119
Raymond James Trust
Florida
$720K +$16.9K +1,164 +2%
HighTower Advisors
120
HighTower Advisors
Illinois
$711K -$67.4K -4,654 -9%
GI
121
GS Investments
Minnesota
$708K -$68.8K -4,750 -9%
OC
122
Oppenheimer & Co
New York
$707K +$80.3K +5,545 +13%
IA
123
IFP Advisors
Florida
$698K -$11.9K -819 -2%
WAP
124
Wealthcare Advisory Partners
Pennsylvania
$689K +$89.5K +6,185 +15%
CA
125
Cetera Advisors
Colorado
$684K +$57K +3,935 +9%

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.