Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCH TRADED FD TR II (PCEF)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
45%

Smart Money Signals — PCEF

Based on 119 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their PCEF 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 — 94% of 3.0Y peak

94% of all-time peak
119 funds currently hold this stock — 94% of the 3.0-year high of 127 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
6 fewer hedge funds hold PCEF compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

49 buying61 selling
Last quarter: 61 funds reduced or exited vs 49 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 — ~13 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 12 → 16 → 8 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 23% medium ■ 12% new
78 out of 119 hedge funds have held PCEF 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

17 → 12 → 16 → 8 → 13 new funds/Q
New funds entering each quarter: 12 → 16 → 8 → 13. PCEF is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 67% of holders stayed 2+ years

■ 67% veterans ■ 13% 1-2yr ■ 20% new
Of 119 current holders: 80 (67%) 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.
🏆

Elite ownership — 63% AUM from top-100 funds

63% from top-100 AUM funds
15 of 119 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in PCEF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — 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 — PCEF

In 2025 Q4, 49 hedge funds were net buyers of PCEF (13 opened a new position, 36 added to an existing one), while 61 reduced or exited (45 trimmed, 16 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 63% of total institutional value in PCEF is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 119.

Hedge Fund Ownership: PCEF

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

Market Analysis: PCEF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PCEF

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: PCEF
2026 Q1 Stats Unlock in 4 days 118 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 118 120 -1.67%
13F Shares 19M 19M -1.79%
Total Value $379M $387M -2.23%
New Positions 13 8 +5
Increased Positions 35 44 -9
Closed Positions 15 13 +2
Reduced Positions 45 34 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PCEF

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Institutional Holders (2026 Q1)

118 + investors

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

QUARTER:
Top 25 institutional holders of PCEF — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Intrua Financial, LLC 1.23% 634,584 $11.9M
2 BTS Asset Management, Inc. 1.16% 15,967 $300K
3 Larson Financial Group LLC 0.69% 1,144,037 $21.5M
4 Future Financial Wealth Managment LLC 0.59% 45,942 $910K
5 DUMONT & BLAKE INVESTMENT ADVISORS LLC 0.59% 124,501 $2.3M
6 QP WEALTH MANAGEMENT, LLC 0.43% 13,480 $254K
7 Argyle Capital Partners, LLC 0.34% 25,239 $475K
8 Boxwood Ventures, Inc. 0.32% 15,802 $297K
9 IFG Advisory, LLC 0.31% 5,723 $108K
10 Endowment Wealth Management, Inc. 0.24% 28,404 $535K
11 ADELL HARRIMAN & CARPENTER INC 0.22% 191,374 $3.6M
12 Independent Advisor Alliance 0.21% 1,061,903 $20.0M
13 MARINO, STRAM & ASSOCIATES LLC 0.16% 46,515 $875K
14 Buska Wealth Management, LLC 0.15% 19,700 $371K
15 REICON WEALTH ADVISORS, LLC 0.14% 9,643 $181K
16 WealthShield Partners, LLC 0.14% 64,563 $1.2M
17 Goldstone Financial Group, LLC 0.12% 56,518 $1.1M
18 Compass Financial Services Inc 0.11% 13,108 $247K
19 Quartz Partners, LLC 0.08% 11,509 $217K
20 Heartwood Wealth Advisors LLC 0.08% 48,846 $919K
21 Southland Equity Partners LLC 0.07% 18,669 $351K
22 Beck Bode, LLC 0.06% 18,286 $344K
23 Cornerstone Wealth Management, LLC 0.06% 61,752 $1.2M
24 NWF Advisory Services Inc. 0.04% 20,305 $382K
25 Hexagon Capital Partners LLC 0.03% 12,299 $231K
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 (PCEF)

What does the Smart Money Trend signal show for PCEF?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their PCEF 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 PCEF?

More sellers than buyers — 45% buying: Last quarter: 61 funds reduced or exited vs 49 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 PCEF holders?

Elite ownership — 63% AUM from top-100 funds: 15 of 119 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in PCEF. 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 PCEF?

66% of holders stayed for 2+ years: 78 out of 119 hedge funds have held PCEF 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.