Invesco Preferred ETF
184 hedge funds and large institutions have $1.16B invested in Invesco Preferred ETF in 2015 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
3% more funds holding
Funds holding: 179 → 184 (+5)
2% more capital invested
Capital invested by funds: $1.13B → $1.16B (+$25.1M)
0.23% more ownership
Funds ownership: 39.77% → 40% (+0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$72.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$14.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$9.09M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$8.29M |
| 5 |
CNB
City National Bank
Beverly Hills,
California
|
+$6.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Curian Capital
Denver,
Colorado
|
-$18.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$12M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.15M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$5.04M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.71M |
PGX Hedge Fund Activity: Q3 2015 in Review
184 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q3 2015, worth a combined $1.16B — up 2.2% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PGX positions and 21 closed out — a net gain of 8 holders — while 68 added to existing stakes and 51 trimmed.
The largest buyer was Bank of America, adding an estimated $72.8M. The largest seller was Curian Capital, cutting an estimated $18.6M.
- 184 institutional investors held Invesco Preferred ETF (PGX) as of Q3 2015, up from 179 in Q2 2015.
- Funds reported $1.16B of Invesco Preferred ETF stock for Q3 2015, up 2.2% quarter-over-quarter.
- 29 funds opened new Invesco Preferred ETF positions in Q3 2015 and 21 closed out, a net change of +8 holders.
- The largest Invesco Preferred ETF buyer in Q3 2015 was Bank of America, an estimated $72.8M added.
- The largest Invesco Preferred ETF seller in Q3 2015 was Curian Capital, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2015.