Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PZT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
3Q ▼
Buyers last Q
67%

Smart Money Signals — PZT

Based on 42 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their PZT 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 — 89% of 3.0Y peak

89% of all-time peak
42 funds currently hold this stock — 89% of the 3.0-year high of 47 funds (reached 2025 Q3). 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 PZT is almost the same as a year ago (-1 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 67% buying

31 buying15 selling
Last quarter: 31 funds were net buyers (7 opened a brand new position + 24 added to an existing one). Only 15 were sellers (7 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 4 → 5 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 19% medium ■ 12% new
29 out of 42 hedge funds have held PZT 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.
➡️

Steady discovery — ~7 new funds/quarter

5 → 8 → 4 → 5 → 7 new funds/Q
New funds entering each quarter: 8 → 4 → 5 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 69% veterans vs 17% newcomers

■ 69% veterans ■ 14% 1-2yr ■ 17% new
Entry-cohort mix of 42 holders: 29 (69%) are 2+ year veterans, 6 entered 1–2 years ago, and 7 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 35% AUM from major funds

35% from top-100 AUM funds
11 of 42 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — 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 — PZT

In 2026 Q2, 31 hedge funds were net buyers of PZT (7 opened a new position, 24 added to an existing one), while 15 reduced or exited (7 trimmed, 8 sold completely) — a 67% buyer ratio, indicating clear institutional accumulation. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 35% of total institutional value in PZT is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 42.

Hedge Fund Ownership: PZT

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

Market Analysis: PZT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PZT

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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.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: PZT
42 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 42 43 -2.33%
13F Shares 2M 2M 4.7%
Total Value $54M $50M 8.63%
New Positions 7 5 +2
Increased Positions 24 19 +5
Closed Positions 8 8 -
Reduced Positions 7 14 -7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PZT

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Institutional Holders (2026 Q2)

42 + investors

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

QUARTER:
Top 25 PZT holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Note Advisors, LLC 0.80% 81,448 $1.9M
2 American Financial & Tax Strategies Inc 0.79% 76,674 $1.7M
3 Layline Advisors, LLC 0.45% 21,941 $499K
4 Hennion & Walsh Asset Management, Inc. 0.23% 353,654 $8.0M
5 Mustico Financial Group, INC. 0.19% 13,369 $296K
6 Godfrey Financial Associates, Inc. 0.15% 8,547 $194K
7 Tortoise Investment Management, LLC 0.12% 70,547 $1.6M
8 Mcdonald Partners LLC 0.07% 12,342 $281K
9 Sax Wealth Advisors, LLC 0.04% 43,231 $954K
10 Composition Wealth, LLC 0.03% 113,348 $2.6M
11 Cascade Financial Partners, LLC 0.02% 12,578 $286K
12 Guggenheim Capital LLC 0.02% 160,229 $3.6M
13 Elequin Capital, LP 0.01% 15,767 $358K
14 Stratos Wealth Partners, LTD. 0.01% 46,092 $1.0M
15 PFG Investments, LLC 0.01% 11,537 $262K
16 Gerber Kawasaki Wealth & Investment Management 0.01% 12,813 $291K
17 Flagship Harbor Advisors, LLC 0.01% 8,900 $202K
18 HighTower Advisors, LLC 0.00% 179,547 $4.1M
19 Arax Advisory Partners 0.00% 24,730 $562K
20 EP Wealth Advisors, LLC 0.00% 31,330 $712K
21 Mml Investors Services, LLC 0.00% 37,501 $853K
22 Kestra Advisory Services, LLC 0.00% 18,035 $410K
23 Cetera Investment Advisers 0.00% 49,982 $1.1M
24 Commonwealth Equity Services, LLC 0.00% 36,193 $823K
25 GAMMA Investing LLC 0.00% 1,203 $27K
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 (PZT)

What does the Smart Money Trend signal show for PZT?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their PZT 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 PZT?

More buyers than sellers — 67% buying: Last quarter: 31 funds were net buyers (7 opened a brand new position + 24 added to an existing one). Only 15 were sellers (7 trimmed + 8 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PZT holders?

Strong quality — 35% AUM from major funds: 11 of 42 holders rank in the top 100 by AUM, accounting for 35% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PZT?

69% of holders stayed for 2+ years: 29 out of 42 hedge funds have held PZT 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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