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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
QIM
151
Quest Investment Management
Oregon
$453K
PNC Financial Services Group
152
PNC Financial Services Group
Pennsylvania
$439K -$80K -5,524 -15%
Barclays
153
Barclays
United Kingdom
$437K
AFC
154
AFT Forsyth & Company
Florida
$428K
RIA
155
Regal Investment Advisors
Michigan
$408K -$35.5K -2,453 -8%
DAS
156
Dynamic Advisor Solutions
Arizona
$403K +$30.5K +2,110 +8%
MAP
157
Milestone Advisory Partners
North Carolina
$402K
PFA
158
Pathway Financial Advisors
Vermont
$398K
MWM
159
Meridian Wealth Management
Kentucky
$396K +$23K +1,587 +6%
RCAG
160
Rehmann Capital Advisory Group
Michigan
$391K +$29.5K +2,040 +8%
PIA
161
Pinion Investment Advisors
Kansas
$381K -$10.1K -700 -3%
KWMG
162
King Wealth Management Group
Florida
$373K -$14.5K -1,000 -4%
DP
163
Dearborn Partners
Illinois
$371K
GWM
164
Geneos Wealth Management
Colorado
$369K +$367K +25,371 New
Bank of New York Mellon
165
Bank of New York Mellon
New York
$367K +$365K +25,186 New
KSA
166
Ken Stern & Associates
California
$366K +$11.1K +769 +3%
VAS
167
Valicenti Advisory Services
New York
$362K +$52.8K +3,650 +17%
WWMSC
168
Wagner Wealth Management (South Carolina)
South Carolina
$357K -$61.8K -4,266 -15%
BFEC
169
Benjamin F. Edwards & Company
Missouri
$353K +$73.4K +5,071 +26%
IA
170
IFG Advisory
Georgia
$350K +$2.92K +202 +0.8%
PAS
171
Park Avenue Securities
New York
$341K +$14.1K +975 +4%
KFA
172
Kays Financial Advisory
Georgia
$331K +$59.7K +4,121 +22%
NPP
173
New Potomac Partners
Maryland
$329K -$2.46K -170 -0.7%
BAS
174
Brown Advisory Securities
Maryland
$319K -$71.7K -4,950 -18%
TD Asset Management
175
TD Asset Management
Ontario, Canada
$319K

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.