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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
HIC
126
Holderness Investments Company
North Carolina
$662K -$21.6K -1,493 -3%
FMB
127
Field & Main Bank
Kentucky
$660K +$182K +12,550 +38%
SWM
128
SeaCrest Wealth Management
New York
$659K +$33K +2,276 +5%
OA
129
Oxbow Advisors
Texas
$654K +$650K +44,895 New
CWS
130
Cypress Wealth Services
California
$637K -$37.4K -2,583 -6%
WS
131
Wela Strategies
Georgia
$623K -$2.33K -161 -0.4%
LS
132
Lattice Strategies
Pennsylvania
$622K -$66.7K -4,605 -10%
PA
133
Pinnacle Associates
New York
$617K +$20.1K +1,386 +3%
CF
134
Centaurus Financial
California
$610K +$265K +18,287 +77%
AA
135
Advisory Alpha
Michigan
$593K +$60.1K +4,150 +11%
SAM
136
SignalPoint Asset Management
Missouri
$587K +$22.8K +1,576 +4%
WA
137
Wealthstar Advisors
Texas
$576K +$576K +39,788 New
SFG
138
StrategIQ Financial Group
Indiana
$552K +$20.6K +1,423 +4%
WPC
139
White Pine Capital
Minnesota
$550K
FAAS
140
First Allied Advisory Services
California
$536K -$12.8M -886,972 -96%
SXL
141
Summit X LLC
Missouri
$535K -$60.5K -4,182 -10%
CW
142
CreativeOne Wealth
Kansas
$515K +$267K +18,419 +109%
Lido Advisors
143
Lido Advisors
California
$514K +$45.8K +3,166 +10%
GRP
144
Global Retirement Partners
California
$513K +$28.2K +1,949 +6%
CAGAS
145
Capital Advisory Group Advisory Services
Minnesota
$495K +$106K +7,296 +27%
CAN
146
Cetera Advisor Networks
California
$491K -$20.4K -1,406 -4%
CIA
147
Capital Investment Advisors
Georgia
$490K -$21.4K -1,477 -4%
GFPC
148
Global Financial Private Capital
Florida
$475K -$142K -9,814 -23%
IWM
149
IHT Wealth Management
Illinois
$459K +$24.5K +1,690 +6%
MAM
150
Marquette Asset Management
Minnesota
$457K +$218K +15,052 +92%

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.