We are live on ! Find out more
PGX icon

Invesco Preferred ETF

344 hedge funds and large institutions have $1.91B invested in Invesco Preferred ETF in 2018 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 78 increasing their positions, 142 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 42

42% more funds holding in top 10

Funds holding in top 10: 1217 (+5)

8% more funds holding

Funds holding: 318344 (+26)

0.65% more ownership

Funds ownership: 41.87%42.52% (+0.65%)

15% less capital invested

Capital invested by funds: $2.24B → $1.91B (-$328M)

45% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 142

Holders
344
Holders Change
+26
Holders Change %
+8.18%
% of All Funds
7.66%
Holding in Top 10
17
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+41.67%
% of All Funds
0.38%
New
74
Increased
78
Reduced
142
Closed
42
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$552M -$44.9M -3,251,817 -7%
Wells Fargo
2
Wells Fargo
California
$309M -$46.4M -3,363,940 -13%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$115M -$4.81M -348,705 -4%
Morgan Stanley
4
Morgan Stanley
New York
$108M -$13.5M -976,070 -11%
Ameriprise
5
Ameriprise
Minnesota
$94.8M -$6.71M -486,363 -6%
CFG
6
CNO Financial Group
Indiana
$47.9M
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$47.8M -$22.9M -1,660,812 -32%
UBS Group
8
UBS Group
Switzerland
$43.6M +$2.4M +174,026 +6%
HNB
9
Huntington National Bank
Ohio
$35.2M
LPL Financial
10
LPL Financial
California
$34.9M -$17.6M -1,273,842 -33%
TLP
11
Trinity Legacy Partners
Texas
$25.4M +$26M +1,888,271 New
PP
12
PagnatoKarp Partners
Virginia
$21M +$21.2M +1,537,612 +7,753%
Invesco
13
Invesco
Georgia
$19.5M -$2.21M -160,440 -10%
Prudential Financial
14
Prudential Financial
New Jersey
$17.6M +$2.12M +153,400 +13%
MML Investors Services
15
MML Investors Services
Massachusetts
$17.4M +$312K +22,584 +2%
EWM
16
Edge Wealth Management
New York
$14.7M +$15.1M +1,093,840 New
Cohen & Steers
17
Cohen & Steers
New York
$14.2M -$20.5M -1,485,375 -58%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$12.9M +$3.47M +251,463 +36%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$12.1M -$19.3M -1,397,315 -61%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$11.9M -$3.47M -251,635 -22%
BTS
21
BB&T Securities
Virginia
$11.4M -$175K -12,723 -1%
KIA
22
KCM Investment Advisors
California
$10.4M -$1.16M -84,423 -10%
PT
23
Plimoth Trust
Massachusetts
$10M -$14.4K -1,043 -0.1%
AG
24
Advisor Group
Arizona
$9.6M -$2.56M -185,341 -21%
AIA
25
Avalon Investment & Advisory
Texas
$9.57M -$701K -50,822 -7%

PGX Hedge Fund Activity: Q4 2018 in Review

344 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2018, worth a combined $1.91B — down 15% from $2.24B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new PGX positions and 42 closed out — a net gain of 32 holders — while 78 added to existing stakes and 142 trimmed.

The largest buyer was PagnatoKarp Partners, adding an estimated $21.2M. The largest seller was Wells Fargo, cutting an estimated $46.4M.

  • 344 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2018, up from 318 in Q3 2018.
  • Funds reported $1.91B of Invesco Preferred ETF stock for Q4 2018, down 15% quarter-over-quarter.
  • 74 funds opened new Invesco Preferred ETF positions in Q4 2018 and 42 closed out, a net change of +32 holders.
  • The largest Invesco Preferred ETF buyer in Q4 2018 was PagnatoKarp Partners, an estimated $21.2M added.
  • The largest Invesco Preferred ETF seller in Q4 2018 was Wells Fargo, an estimated $46.4M sold.

Based on aggregated 13F filings for Q4 2018.