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Invesco Preferred ETF

478 hedge funds and large institutions have $2.09B invested in Invesco Preferred ETF in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 169 increasing their positions, 175 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

425% more call options, than puts

Call options by funds: $1.51M | Put options by funds: $287K

25% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 36

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

2.2% more ownership

Funds ownership: 44.38%46.58% (+2.2%)

0% more funds holding

Funds holding: 477478 (+1)

1% less capital invested

Capital invested by funds: $2.11B → $2.09B (-$10.8M)

3% less repeat investments, than reductions

Existing positions increased: 169 | Existing positions reduced: 175

Holders
478
Holders Change
+1
Holders Change %
+0.21%
% of All Funds
7.59%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.16%
New
45
Increased
169
Reduced
175
Closed
36
Calls
$1.51M
Puts
$287K
Net Calls
+$1.22M
Net Calls Change
+$1.53M
Name Holding Trade Value Shares
Change
Change in
Stake
CST
101
Charles Schwab Trust
Nevada
$1.52M +$93.4K +8,348 +6%
Thrivent Financial for Lutherans
102
Thrivent Financial for Lutherans
Minnesota
$1.5M -$1.41M -125,714 -48%
JGIA
103
Jackson Grant Investment Advisers
Connecticut
$1.48M -$70.1K -6,268 -4%
SFA
104
Sequoia Financial Advisors
Ohio
$1.47M +$216K +19,335 +17%
IFG
105
Independent Financial Group
California
$1.45M +$476K +42,536 +47%
GC
106
Guggenheim Capital
Illinois
$1.42M +$152K +13,592 +12%
MA
107
MONECO Advisors
Connecticut
$1.41M -$35.4K -3,165 -2%
FHA
108
Flagship Harbor Advisors
Massachusetts
$1.4M +$142K +12,693 +11%
SWP
109
Stratos Wealth Partners
Ohio
$1.37M +$7.74K +692 +0.6%
GC
110
Guidance Capital
Kentucky
$1.36M +$49.6K +4,431 +4%
SWA
111
Sax Wealth Advisors
New Jersey
$1.33M +$2.1K +188 +0.2%
BPA
112
Beacon Pointe Advisors
California
$1.32M +$1.35M +120,979 New
Wealth Enhancement Advisory Services
113
Wealth Enhancement Advisory Services
Minnesota
$1.32M +$1.35M +120,310 New
BWA
114
Beam Wealth Advisors
Louisiana
$1.29M -$17.4K -1,560 -1%
FTS
115
Fifth Third Securities
Ohio
$1.23M +$681K +60,853 +118%
Asset Management One
116
Asset Management One
Japan
$1.23M -$330K -29,532 -21%
SDAM
117
Shulman DeMeo Asset Management
New York
$1.18M -$828 -74 -0.1%
BCFS
118
Butensky & Cohen Financial Security
Florida
$1.17M -$35.7K -3,188 -3%
AWM
119
Apollon Wealth Management
South Carolina
$1.16M +$128K +11,484 +12%
SRC
120
Shufro Rose & Co
New York
$1.16M +$44.6K +3,987 +4%
FDCDDQ
121
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.12M -$16.8K -1,500 -1%
AFG
122
Albion Financial Group
Utah
$1.11M +$309K +27,655 +37%
AAS
123
Avantax Advisory Services
Texas
$1.11M +$30.4K +2,717 +3%
GWCM
124
Godshalk Welsh Capital Management
Pennsylvania
$1.09M -$216K -19,300 -16%
OMC
125
Old Mission Capital
Illinois
$1.07M +$1.09M +97,377 New

PGX Hedge Fund Activity: Q3 2023 in Review

478 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q3 2023, worth a combined $2.09B — down 0.51% from $2.11B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new PGX positions and 36 closed out — a net gain of 9 holders — while 169 added to existing stakes and 175 trimmed.

The largest buyer was Bank of America, adding an estimated $54.7M. The largest seller was Ameriprise, cutting an estimated $12.7M.

  • 478 institutional investors held Invesco Preferred ETF (PGX) as of Q3 2023, up from 477 in Q2 2023.
  • Funds reported $2.09B of Invesco Preferred ETF stock for Q3 2023, down 0.51% quarter-over-quarter.
  • 45 funds opened new Invesco Preferred ETF positions in Q3 2023 and 36 closed out, a net change of +9 holders.
  • The largest Invesco Preferred ETF buyer in Q3 2023 was Bank of America, an estimated $54.7M added.
  • The largest Invesco Preferred ETF seller in Q3 2023 was Ameriprise, an estimated $12.7M sold.

Based on aggregated 13F filings for Q3 2023.