Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCH TRADED FD TR II (PGX)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — PGX

Based on 390 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PGX 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 — 88% of 3.0Y peak

88% of all-time peak
390 funds currently hold this stock — 88% of the 3.0-year high of 442 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
47 fewer hedge funds hold PGX compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 49% buying

172 buying182 selling
Last quarter: 182 funds reduced or exited vs 172 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.
📈

More new buyers each quarter (+34 vs last Q)

new funds entering per quarter
Funds opening a new PGX position: 37 → 44 → 32 → 66. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
264 out of 390 hedge funds have held PGX 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.
📈

Growing discovery — still being found

55 → 37 → 44 → 32 → 66 new funds/Q
New funds entering each quarter: 37 → 44 → 32 → 66. A growing number of institutions are discovering PGX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 13% 1-2yr ■ 17% new
Of 390 current holders: 272 (70%) 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 — 67% AUM from top-100 funds

67% from top-100 AUM funds
20 of 390 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in PGX. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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.

Hedge Fund Ownership: PGX

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

Market Analysis: PGX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PGX

-- --

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.

36 top-rated funds 2 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: PGX
2026 Q1 Stats Unlock in 11 days 390 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 390 368 5.98%
13F Shares 193M 163M 18.03%
Total Value $2.19B $1.90B 15.08%
New Positions 66 32 +34
Increased Positions 106 114 -8
Closed Positions 44 56 -12
Reduced Positions 138 137 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PGX

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Valuation Measures Data as of: --

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

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

390 + investors

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

Top 25 institutional holders of PGX — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Spectrum Asset Management, Inc. 84.85% 3,902,745 $42.5M
2 STONEBRIDGE ADVISORS LLC 15.75% 1,223,779 $13.3M
3 ACUTE INVESTMENT ADVISORY, LLC 9.22% 75,491 $821K
4 Compass Financial Group, Inc. (Ohio) 2.85% 357,778 $3.9M
5 PURSUIT WEALTH STRATEGIES, LLC 2.35% 149,315 $1.7M
6 Prairiewood Capital, LLC 2.14% 680,404 $7.4M
7 Manske Wealth Management 2.03% 664,411 $7.2M
8 Trinity Legacy Partners, LLC 1.79% 736,148 $8.3M
9 Cordoba Advisory Partners LLC 1.38% 458,900 $5.0M
10 Field & Main Bank 1.24% 393,033 $4.3M
11 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 1.24% 530,142 $5.8M
12 Investors Research Corp 1.20% 578,277 $6.3M
13 PLIMOTH TRUST CO LLC 1.07% 440,393 $4.8M
14 KG Capital Management 0.93% 118,927 $1.3M
15 BRIGHTON SECURITIES CORP. 0.88% 167,863 $1.8M
16 Checchi Capital Advisers, LLC 0.76% 1,389,774 $15.1M
17 FIDUCIARY ADVISORS, INC. 0.69% 84,888 $924K
18 NOESIS CAPITAL MANGEMENT CORP 0.65% 405,487 $4.4M
19 Portland Financial Advisors Inc 0.64% 28,070 $305K
20 Hyposwiss Advisors SA 0.51% 47,070 $512K
21 First PREMIER Bank 0.44% 174,328 $2K
22 Ramiah Investment Group 0.44% 40,002 $435K
23 FIRST HAWAIIAN BANK 0.42% 273,162 $3.0M
24 Jackson, Grant Investment Advisers, Inc. 0.41% 112,973 $1.2M
25 Cane Capital Partners, LLC 0.40% 83,574 $909K
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 (PGX)

What does the Smart Money Trend signal show for PGX?

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

More sellers than buyers — 49% buying: Last quarter: 182 funds reduced or exited vs 172 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 PGX holders?

Elite ownership — 67% AUM from top-100 funds: 20 of 390 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in PGX. 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 PGX?

68% of holders stayed for 2+ years: 264 out of 390 hedge funds have held PGX 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.