Invesco Preferred ETF
492 hedge funds and large institutions have $3.02B invested in Invesco Preferred ETF in 2020 Q4 according to their latest regulatory filings, with 107 funds opening new positions, 204 increasing their positions, 107 reducing their positions, and 34 closing their positions.
215% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 34
91% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 107
15% more funds holding
Funds holding: 427 → 492 (+65)
11% more capital invested
Capital invested by funds: $2.71B → $3.02B (+$308M)
0.42% less ownership
Funds ownership: 41.77% → 41.35% (-0.42%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$52.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$32.9M |
| 3 |
Cohen & Steers
New York
|
+$30.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$18.2M |
| 5 |
Morgan Stanley
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$43M |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$22.8M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$17.3M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
-$15.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$13.3M |
PGX Hedge Fund Activity: Q4 2020 in Review
492 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2020, worth a combined $3.02B — up 11% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new PGX positions and 34 closed out — a net gain of 73 holders — while 204 added to existing stakes and 107 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $52.8M. The largest seller was Horizon Investments, exiting entirely with an estimated $43M sold.
- 492 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2020, up from 427 in Q3 2020.
- Funds reported $3.02B of Invesco Preferred ETF stock for Q4 2020, up 11% quarter-over-quarter.
- 107 funds opened new Invesco Preferred ETF positions in Q4 2020 and 34 closed out, a net change of +73 holders.
- The largest Invesco Preferred ETF buyer in Q4 2020 was Charles Schwab, an estimated $52.8M added.
- The largest Invesco Preferred ETF seller in Q4 2020 was Horizon Investments, an estimated $43M sold.
Based on aggregated 13F filings for Q4 2020.