Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PWZ)

126 + Investors. Track Smart Money conviction in PWZ. 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
53%

Smart Money Signals — PWZ

Based on 126 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 PWZ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
126 hedge funds hold PWZ 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 — +7% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

65 buying57 selling
Last quarter: 65 funds bought or added vs 57 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.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 14 → 17 → 24 → 18. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 30% medium ■ 20% new
63 out of 126 hedge funds have held PWZ 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

21 → 14 → 17 → 24 → 18 new funds/Q
New funds entering each quarter: 14 → 17 → 24 → 18. A growing number of institutions are discovering PWZ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 54% veterans vs 28% newcomers

■ 54% veterans ■ 18% 1-2yr ■ 28% new
Entry-cohort mix of 126 holders: 68 (54%) are 2+ year veterans, 23 entered 1–2 years ago, and 35 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 9% AUM from top-100

9% from top-100 AUM funds
17 of 126 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — PWZ

In 2026 Q1, 65 hedge funds were net buyers of PWZ (18 opened a new position, 47 added to an existing one), while 57 reduced or exited (38 trimmed, 19 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 126.

Hedge Fund Ownership: PWZ

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

Market Analysis: PWZ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PWZ

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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 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: PWZ
2026 Q2 Stats Unlock in 2 days 126 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 126 127 -0.79%
13F Shares 33M 35M -4.6%
Total Value $796M $916M -13.09%
New Positions 18 24 -6
Increased Positions 47 42 +5
Closed Positions 19 12 +7
Reduced Positions 38 39 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PWZ

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Institutional Holders (2026 Q2)

126 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 PWZ holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shared Vision Wealth Group LLC 2.62% 310,889 $7.6M
2 Chatterton & Associates Inc. 2.08% 144,898 $3.5M
3 Gerber Kawasaki Wealth & Investment Management 1.37% 2,093,022 $51.3M
4 Syon Capital LLC 1.32% 1,231,692 $30.2M
5 Elmwood Wealth Management, Inc. 0.86% 141,077 $3.5M
6 SimpliFi, Inc. 0.83% 85,725 $2.1M
7 Wealthfront Advisers LLC 0.82% 17,483,077 $428.5M
8 Impact Investors, Inc 0.60% 33,293 $816K
9 McNaughton Wealth Management, LLC 0.55% 63,304 $1.6M
10 FOCUS Wealth Advisors, LLC 0.49% 43,481 $1.1M
11 Williams & Novak Wealth Management, LLC 0.48% 29,900 $733K
12 Affinity Capital Advisors, LLC 0.37% 123,281 $3.0M
13 Navigation Group, LLC 0.37% 77,030 $1.9M
14 Composition Wealth, LLC 0.36% 1,244,215 $30.5M
15 First Foundation Advisors 0.33% 379,879 $9.3M
16 C M Bidwell & Associates Ltd 0.33% 33,063 $810K
17 Nautilus Advisors LLC 0.28% 19,240 $470K
18 First American Trust, Fsb 0.25% 169,374 $4.2M
19 Omega Financial Group, LLC 0.20% 26,548 $651K
20 Lodestar Private Asset Management LLC 0.19% 89,454 $2.2M
21 Climber Capital SA 0.19% 12,620 $309K
22 Tme Financial, INC. 0.19% 12,308 $302K
23 Guggenheim Capital LLC 0.16% 1,027,646 $25.2M
24 BCS Private Wealth Management, Inc. 0.15% 20,000 $490K
25 Robertson Stephens Wealth Management, LLC 0.14% 238,198 $5.8M
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 (PWZ)

What does the Smart Money Trend signal show for PWZ?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PWZ 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 PWZ?

Slight buying edge — 53% buying: Last quarter: 65 funds bought or added vs 57 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 PWZ holders?

Smaller funds dominant — 9% AUM from top-100: 17 of 126 holders rank in the top 100 by AUM, but together hold only 9% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PWZ?

50% of holders stayed for 2+ years: 63 out of 126 hedge funds have held PWZ 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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