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Invesco Preferred ETF

427 hedge funds and large institutions have $2.71B invested in Invesco Preferred ETF in 2020 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 184 increasing their positions, 115 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 115

38% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 40

15% more capital invested

Capital invested by funds: $2.35B → $2.71B (+$361M)

3% more funds holding

Funds holding: 414427 (+13)

0.02% more ownership

Funds ownership: 41.75%41.77% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 1919 (0)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $421K

Holders
427
Holders Change
+13
Holders Change %
+3.14%
% of All Funds
8.62%
Holding in Top 10
19
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.38%
New
55
Increased
184
Reduced
115
Closed
40
Calls
Puts
$421K
Net Calls
-$421K
Net Calls Change
-$525K
Name Holding Trade Value Shares
Change
Change in
Stake
CAAS
101
Capital Asset Advisory Services
Michigan
$2.19M +$237K +16,165 +12%
GWCM
102
Godshalk Welsh Capital Management
Pennsylvania
$2.12M +$125K +8,500 +6%
LWAC
103
Laurel Wealth Advisors (California)
California
$2.1M +$440K +29,990 +27%
Bank of New York Mellon
104
Bank of New York Mellon
New York
$2.07M -$221K -15,059 -10%
AWS
105
AJ Wealth Strategies
New York
$2.06M -$528K -36,000 -20%
CT
106
Coastline Trust
Rhode Island
$2.04M -$64.7K -4,410 -3%
SS
107
Sunbelt Securities
Texas
$2.02M +$1.6M +109,372 +414%
RWA
108
Redhawk Wealth Advisors
Minnesota
$2M +$414K +28,231 +26%
CAGAS
109
Capital Advisory Group Advisory Services
Minnesota
$2M +$43.6K +2,970 +2%
CWM
110
Centric Wealth Management
Illinois
$1.99M -$167K -11,373 -8%
FDCDDQ
111
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.94M -$7.33K -500 -0.4%
Mercer Global Advisors
112
Mercer Global Advisors
Colorado
$1.91M -$4.88M -332,897 -72%
William Blair & Company
113
William Blair & Company
Illinois
$1.91M -$456K -31,079 -19%
HighTower Advisors
114
HighTower Advisors
Illinois
$1.87M +$170K +11,572 +10%
OIA
115
Optimum Investment Advisors
Illinois
$1.85M +$1.88K +128 +0.1%
AWM
116
AE Wealth Management
Kansas
$1.85M +$76.2K +5,194 +4%
RG
117
Retirement Group
California
$1.83M -$74.4K -5,076 -4%
BEI
118
Benjamin Edwards Inc
Missouri
$1.8M -$72.4K -4,936 -4%
FTS
119
Fifth Third Securities
Ohio
$1.77M +$1.76M +120,075 New
CRWM
120
Castle Rock Wealth Management
California
$1.71M +$18.2K +1,240 +1%
KWM
121
Kingsview Wealth Management
Oregon
$1.71M +$1M +68,259 +144%
BFC
122
Blue Fin Capital
Rhode Island
$1.7M -$46.8K -3,190 -3%
SPC
123
Sigma Planning Corp
Michigan
$1.68M -$917K -62,544 -35%
SDAM
124
Shulman DeMeo Asset Management
New York
$1.66M
OMC
125
Old Mission Capital
Illinois
$1.65M +$1.65M +112,191 New

PGX Hedge Fund Activity: Q3 2020 in Review

427 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q3 2020, worth a combined $2.71B — up 15% from $2.35B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PGX positions and 40 closed out — a net gain of 15 holders — while 184 added to existing stakes and 115 trimmed.

The largest buyer was Bank of America, adding an estimated $34.7M. The largest seller was Truist Financial, cutting an estimated $8.12M.

  • 427 institutional investors held Invesco Preferred ETF (PGX) as of Q3 2020, up from 414 in Q2 2020.
  • Funds reported $2.71B of Invesco Preferred ETF stock for Q3 2020, up 15% quarter-over-quarter.
  • 55 funds opened new Invesco Preferred ETF positions in Q3 2020 and 40 closed out, a net change of +15 holders.
  • The largest Invesco Preferred ETF buyer in Q3 2020 was Bank of America, an estimated $34.7M added.
  • The largest Invesco Preferred ETF seller in Q3 2020 was Truist Financial, an estimated $8.12M sold.

Based on aggregated 13F filings for Q3 2020.