Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PIO)

116 + Investors. Track Smart Money conviction in PIO. 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
57%

Smart Money Signals — PIO

Based on 118 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PIO 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
118 hedge funds hold PIO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

42 buying32 selling
Last quarter: 42 funds bought or added vs 32 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 — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 14 → 12 → 17. 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+) ■ 20% medium ■ 18% new
73 out of 118 hedge funds have held PIO 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

10 → 11 → 14 → 12 → 17 new funds/Q
New funds entering each quarter: 11 → 14 → 12 → 17. A growing number of institutions are discovering PIO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 21% newcomers

■ 64% veterans ■ 14% 1-2yr ■ 21% new
Entry-cohort mix of 118 holders: 76 (64%) are 2+ year veterans, 17 entered 1–2 years ago, and 25 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 57% AUM from top-100 funds

57% from top-100 AUM funds
19 of 117 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in PIO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — PIO

In 2026 Q2, 42 hedge funds were net buyers of PIO (17 opened a new position, 25 added to an existing one), while 32 reduced or exited (19 trimmed, 13 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 57% of total institutional value in PIO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 118.

Hedge Fund Ownership: PIO

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

Market Analysis: PIO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PIO

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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.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: PIO
116 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 116 114 1.75%
13F Shares 2M 2M 1.64%
Total Value $103M $98M 4.48%
New Positions 17 12 +5
Increased Positions 25 26 -1
Closed Positions 14 14 -
Reduced Positions 19 25 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PIO

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Institutional Holders (2026 Q2)

116 + investors

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

QUARTER:
Top 25 PIO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Vima LLC 0.34% 7,813 $351K
2 Capital Wealth Alliance, LLC 0.20% 9,725 $437K
3 Accredited Investor Services, LLC 0.17% 6,858 $308K
4 Elmwood Wealth Management, Inc. 0.14% 12,423 $559K
5 Millstone Evans Group, LLC 0.12% 5,030 $226K
6 Blueline Advisors LLC 0.10% 3,272 $147K
7 Meramec Financial Planners, LLC 0.08% 4,655 $207K
8 Regal Investment Advisors LLC 0.05% 20,572 $925K
9 YHB Investment Advisors, Inc. 0.04% 14,720 $662K
10 Linscomb Wealth, Inc. 0.04% 18,178 $817K
11 SOA Wealth Advisors, LLC. 0.03% 4,022 $181K
12 Glen Eagle Advisors, LLC 0.03% 5,352 $241K
13 Arbor Investment Advisors, LLC 0.02% 4,484 $202K
14 Ritter Daniher Financial Advisory LLC / DE 0.02% 3,047 $137K
15 Adirondack Trust Co 0.02% 1,500 $67K
16 Union Savings Bank 0.02% 979 $44K
17 Moneco Advisors, LLC 0.02% 5,676 $255K
18 Moors & Cabot, Inc. 0.02% 8,888 $400K
19 Spire Wealth Management 0.02% 11,130 $501K
20 Dearborn Partners LLC 0.01% 3,350 $224K
21 Breakwater Investment Management 0.01% 774 $35K
22 1832 Asset Management L.P. 0.01% 400,105 $18.0M
23 West Financial Advisors, LLC 0.01% 1,250 $56K
24 Mutual Advisors, LLC 0.01% 9,361 $421K
25 Manchester Capital Management LLC 0.01% 1,200 $54K
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 (PIO)

What does the Smart Money Trend signal show for PIO?

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

Slight buying edge — 57% buying: Last quarter: 42 funds bought or added vs 32 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 PIO holders?

Elite ownership — 57% AUM from top-100 funds: 19 of 117 holders are among the 100 largest funds by AUM, controlling 57% of total institutional value in PIO. 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 PIO?

62% of holders stayed for 2+ years: 73 out of 118 hedge funds have held PIO 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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