Invesco Preferred ETF
506 hedge funds and large institutions have $3.37B invested in Invesco Preferred ETF in 2021 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 225 increasing their positions, 140 reducing their positions, and 37 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 225 | Existing positions reduced: 140
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
9% more capital invested
Capital invested by funds: $3.08B → $3.37B (+$282M)
0.52% more ownership
Funds ownership: 44.09% → 44.61% (+0.52%)
0% more funds holding
Funds holding: 506 → 506 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$59.8M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
+$26.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$24.2M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.3M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$25.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$15.5M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$9.61M |
| 5 |
BFG
Barber Financial Group
Lenexa,
Kansas
|
-$4.05M |
PGX Hedge Fund Activity: Q2 2021 in Review
506 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q2 2021, worth a combined $3.37B — up 9.1% from $3.08B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PGX positions and 37 closed out — a net gain of 5 holders — while 225 added to existing stakes and 140 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $59.8M. The largest seller was Wells Fargo, cutting an estimated $25.3M.
- 506 institutional investors held Invesco Preferred ETF (PGX) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $3.37B of Invesco Preferred ETF stock for Q2 2021, up 9.1% quarter-over-quarter.
- 42 funds opened new Invesco Preferred ETF positions in Q2 2021 and 37 closed out, a net change of +5 holders.
- The largest Invesco Preferred ETF buyer in Q2 2021 was Bank of Montreal, an estimated $59.8M added.
- The largest Invesco Preferred ETF seller in Q2 2021 was Wells Fargo, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2021.