Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCHANGE TRADED FD T (PBJ)

52 + Investors. Track Smart Money conviction in PBJ. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
2Q ▲
Buyers last Q
57%

Smart Money Signals — PBJ

Based on 52 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PBJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🔻

Below peak — only 60% of 3.0Y high

60% of all-time peak
Only 52 funds hold PBJ today versus a peak of 86 funds at 2023 Q2 — just 60% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PBJ is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 57% buying

27 buying20 selling
Last quarter: 27 funds bought or added vs 20 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~9 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 9 → 13 → 9. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 13% medium ■ 25% new
32 out of 52 hedge funds have held PBJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~9 new funds/quarter

7 → 2 → 9 → 13 → 9 new funds/Q
New funds entering each quarter: 2 → 9 → 13 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 8% 1-2yr ■ 27% new
Of 52 current holders: 34 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
13 of 52 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
1.8
out of 10
Low Exit Risk
Exit risk score 1.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PBJ

In 2026 Q1, 27 hedge funds were net buyers of PBJ (9 opened a new position, 18 added to an existing one), while 20 reduced or exited (13 trimmed, 7 sold completely) — a 57% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 39% of total institutional value in PBJ is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 52.

Hedge Fund Ownership: PBJ

How many hedge funds hold PBJ — quarterly history vs. share price
Quarterly hedge fund ownership of PBJ vs. share price

Market Analysis: PBJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBJ

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: PBJ
52 + Investors

Track Smart Money conviction in PBJ. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 52 50 4.0%
13F Shares 566K 923K -38.72%
Total Value $27M $41M -34.54%
New Positions 9 13 -4
Increased Positions 18 8 +10
Closed Positions 7 9 -2
Reduced Positions 13 18 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PBJ

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Institutional Holders (2026 Q1)

52 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PBJ. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of PBJ — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mainsail Financial Group, LLC 2.12% 103,815 $5.1M
2 Sage Capital Management, LLC 1.00% 43,268 $2.1M
3 HOWE & RUSLING INC 0.14% 42,967 $2.1M
4 Phoenix Wealth Advisors 0.11% 5,640 $276K
5 CALDWELL SUTTER CAPITAL, INC. 0.07% 3,330 $163K
6 Fortis Group Advisors, LLC 0.04% 4,881 $245K
7 PRINCIPAL SECURITIES, INC. 0.02% 25,773 $1.3M
8 Kovack Advisors, Inc. 0.01% 4,926 $242K
9 WEDBUSH SECURITIES INC 0.01% 8,753 —
10 Tower Research Capital LLC (TRC) 0.01% 5,280 $259K
11 IHT Wealth Management, LLC 0.01% 5,555 $272K
12 Kestra Advisory Services, LLC 0.00% 15,154 $742K
13 Abound Wealth Management 0.00% 200 $10K
14 Sound Income Strategies, LLC 0.00% 868 $43K
15 GeoWealth Management, LLC 0.00% 798 $39K
16 Advisory Services Network, LLC 0.00% 2,052 $100K
17 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 17,473 $855K
18 Parallel Advisors, LLC 0.00% 985 $48K
19 Western Wealth Management, LLC 0.00% 434 $21K
20 FIRST HORIZON CORP 0.00% 364 $18K
21 Cetera Investment Advisers 0.00% 11,983 $587K
22 Janney Montgomery Scott LLC 0.00% 4,119 —
23 LPL Financial LLC 0.00% 34,386 $1.7M
24 RAYMOND JAMES FINANCIAL INC 0.00% 28,196 $1.4M
25 OSAIC HOLDINGS, INC. 0.00% 5,609 $275K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — INVESCO EXCHANGE TRADED FD T (PBJ)

What does the Smart Money Trend signal show for PBJ?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PBJ than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PBJ?

Slight buying edge — 57% buying: Last quarter: 27 funds bought or added vs 20 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PBJ holders?

Strong quality — 39% AUM from major funds: 13 of 52 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PBJ?

62% of holders stayed for 2+ years: 32 out of 52 hedge funds have held PBJ for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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