Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PBTP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — PBTP

Based on 26 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PBTP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 72% of 3.0Y peak

72% of all-time peak
26 funds currently hold this stock — 72% of the 3.0-year high of 36 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 13% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold PBTP compared to a year ago (-13% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

12 buying14 selling
Last quarter: 14 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~1 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 9 → 1 → 5 → 1. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 42% medium ■ 0% new
15 out of 26 hedge funds have held PBTP 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.
📊

Peak discovery — momentum slowing

6 → 9 → 1 → 5 → 1 new funds/Q
New funds entering each quarter: 9 → 1 → 5 → 1. PBTP is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 65% veterans vs 19% newcomers

■ 65% veterans ■ 15% 1-2yr ■ 19% new
Entry-cohort mix of 26 holders: 17 (65%) are 2+ year veterans, 4 entered 1–2 years ago, and 5 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
9 of 25 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PBTP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
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 — PBTP

In 2026 Q1, 12 hedge funds were net buyers of PBTP (1 opened a new position, 11 added to an existing one), while 14 reduced or exited (9 trimmed, 5 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 58% of total institutional value in PBTP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 26.

Hedge Fund Ownership: PBTP

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

Market Analysis: PBTP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBTP

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: PBTP
29 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 29 26 11.54%
13F Shares 2M 2M 9.39%
Total Value $47M $44M 7.33%
New Positions 5 1 +4
Increased Positions 12 11 +1
Closed Positions 2 5 -3
Reduced Positions 8 9 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PBTP

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Institutional Holders (2026 Q2)

29 + investors

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

QUARTER:
Top 25 PBTP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tidemark, LLC 1.57% 272,095 $7.0M
2 Kelly Financial Services LLC 0.28% 50,618 $1.3M
3 Centerpoint Advisory Group 0.19% 11,536 $296K
4 Beto Financial Group, LLC 0.14% 10,707 $275K
5 Destiny Capital Corp/CO 0.09% 7,888 $202K
6 Hobart Private Capital, LLC 0.08% 19,294 $495K
7 Sowell Financial Services LLC 0.07% 79,397 $2.0M
8 Trilogy Capital Inc. 0.03% 33,389 $857K
9 Highland Investment Advisors LLC 0.03% 2,649 $68K
10 Arkadios Wealth Advisors 0.01% 23,121 $593K
11 Commonwealth Equity Services, LLC 0.01% 187,908 $4.8M
12 LPL Financial LLC 0.00% 858,607 $22.0M
13 Beacon Pointe Advisors, LLC 0.00% 25,100 $644K
14 Private Advisor Group, LLC 0.00% 9,361 $240K
15 Mml Investors Services, LLC 0.00% 18,627 $478K
16 Private Trust Co NA 0.00% 400 $10K
17 Osaic Holdings, INC. 0.00% 22,333 $573K
18 Envestnet Asset Management Inc 0.00% 58,729 $1.5M
19 Raymond James Financial Inc 0.00% 46,377 $1.2M
20 Bank of America Corp /de/ 0.00% 55,821 $1.4M
21 Goldman Sachs Group Inc 0.00% 35,687 $916K
22 Continuum Advisory, LLC 0.00% 10 —
23 Arax Advisory Partners 0.00% 106 $3K
24 Royal Bank of Canada 0.00% 1,594 $41K
25 UBS Group AG 0.00% 161 $4K
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 Exch Traded Fd Tr II (PBTP)

What does the Smart Money Trend signal show for PBTP?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PBTP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PBTP?

More sellers than buyers — 46% buying: Last quarter: 14 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PBTP holders?

Elite ownership — 58% AUM from top-100 funds: 9 of 25 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in PBTP. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PBTP?

58% of holders stayed for 2+ years: 15 out of 26 hedge funds have held PBTP 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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