Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exchange Traded Fd T (PGJ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — PGJ

Based on 37 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PGJ 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.
📊

High ownership — 77% of 3.0Y peak

77% of all-time peak
37 funds currently hold this stock — 77% of the 3.0-year high of 48 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PGJ 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 — 50% buying

15 buying15 selling
Last quarter: 15 funds bought or added vs 15 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 — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 7 → 3 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

76% of holders stayed for 2+ years

■ 76% conviction (2yr+) ■ 16% medium ■ 8% new
28 out of 37 hedge funds have held PGJ 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.
💎

Buying through price weakness — shares -2%, value -23%

Value
-23%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -23%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

4 → 5 → 7 → 3 → 5 new funds/Q
New funds entering each quarter: 5 → 7 → 3 → 5. PGJ 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 — 81% of holders stayed 2+ years

■ 81% veterans ■ 11% 1-2yr ■ 8% new
Of 37 current holders: 30 (81%) 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 — 45% AUM from top-100 funds

45% from top-100 AUM funds
12 of 37 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in PGJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 — PGJ

In 2026 Q1, 15 hedge funds were net buyers of PGJ (5 opened a new position, 10 added to an existing one), while 15 reduced or exited (11 trimmed, 4 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 45% of total institutional value in PGJ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 37.

Hedge Fund Ownership: PGJ

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

Market Analysis: PGJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PGJ

-- --

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

Is It Too Late to Buy Invesco Exchange Traded Fd T (PGJ) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PGJ has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
PGJ
-5.3%
SPY
+14.1%

PGJ outperformed SPY by -19.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
PGJ
-10.1%
SPY
+0.3%

Since the filing became public, PGJ outperformed SPY by -10.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

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
0.0
/ 10
conviction
Hedge Fund Positioning: PGJ
37 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 37 36 2.78%
13F Shares 551K 562K -2.07%
Total Value $12M $16M -23.5%
New Positions 5 3 +2
Increased Positions 10 11 -1
Closed Positions 4 9 -5
Reduced Positions 11 11 -
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PGJ

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Revenue (ttm) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

37 + investors

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

QUARTER:
Top 25 PGJ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Avestar Capital, LLC 0.05% 31,766 $821K
2 Fortis Group Advisors, LLC 0.05% 11,068 $295K
3 IHT Wealth Management, LLC 0.04% 68,250 $1.8M
4 Pacific Center for Financial Services 0.03% 5,080 $131K
5 Harvest Fund Management Co., Ltd 0.00% 4,482 $116K
6 Federation des caisses Desjardins du Quebec 0.00% 31,080 $803K
7 Main Street Group, LTD 0.00% 362 $9K
8 Advisory Services Network, LLC 0.00% 6,463 $167K
9 Mml Investors Services, LLC 0.00% 11,966 $309K
10 Raymond James Financial Inc 0.00% 70,234 $1.8M
11 Wealth Enhancement Advisory Services, LLC 0.00% 8,705 $225K
12 BNP Paribas Financial Markets 0.00% 30,000 $775K
13 Commonwealth Equity Services, LLC 0.00% 9,485 $245K
14 Ashton Thomas Private Wealth, LLC 0.00% 555 $14K
15 Envestnet Asset Management Inc 0.00% 32,119 $830K
16 MAI Capital Management 0.00% 1,189 $31K
17 IFP Advisors, Inc 0.00% 243 $6K
18 Citigroup Inc 0.00% 11,260 $291K
19 Susquehanna International Group, LLP 0.00% 29,235 $755K
20 Osaic Holdings, INC. 0.00% 2,067 $53K
21 Wells Fargo & Company/Mn 0.00% 15,564 $402K
22 LPL Financial LLC 0.00% 10,416 $269K
23 Morgan Stanley 0.00% 42,822 $1.1M
24 UBS Group AG 0.00% 16,563 $428K
25 Goldman Sachs Group Inc 0.00% 18,517 $478K
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 (PGJ)

What does the Smart Money Trend signal show for PGJ?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PGJ 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 PGJ?

Slight buying edge — 50% buying: Last quarter: 15 funds bought or added vs 15 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 PGJ holders?

Elite ownership — 45% AUM from top-100 funds: 12 of 37 holders are among the 100 largest funds by AUM, controlling 45% of total institutional value in PGJ. 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 PGJ?

76% of holders stayed for 2+ years: 28 out of 37 hedge funds have held PGJ 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.

Is it too late to buy Invesco Exchange Traded Fd T (PGJ) following the 2026 Q1 hedge fund 13F filings?

As of today, PGJ has moved -10.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -10.4%. Since the quarter end (March 31, 2026), PGJ has gained -5.3% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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