Stock Analysis
Data Source: SEC EDGAR 13F
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Invesco Exch Traded Fd Tr II (PBD)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
3Q ▲
Buyers last Q
54%

Smart Money Signals — PBD

Based on 78 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added PBD 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
78 hedge funds hold PBD 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.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+26% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

39 buying33 selling
Last quarter: 39 funds bought or added vs 33 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 — ~15 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 16 → 11 → 15. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 9% medium ■ 28% new
49 out of 78 hedge funds have held PBD 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

4 → 6 → 16 → 11 → 15 new funds/Q
New funds entering each quarter: 6 → 16 → 11 → 15. A growing number of institutions are discovering PBD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 28% newcomers

■ 65% veterans ■ 6% 1-2yr ■ 28% new
Entry-cohort mix of 78 holders: 51 (65%) are 2+ year veterans, 5 entered 1–2 years ago, and 22 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
15 of 78 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — PBD

In 2026 Q2, 39 hedge funds were net buyers of PBD (15 opened a new position, 24 added to an existing one), while 33 reduced or exited (22 trimmed, 11 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 30% of total institutional value in PBD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 78.

Hedge Fund Ownership: PBD

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

Market Analysis: PBD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PBD

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

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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
0.1
/ 10
conviction
Hedge Fund Positioning: PBD
2026 Q3 Stats Unlock in 47 days 77 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 77 74 4.05%
13F Shares 5M 5M 0.67%
Total Value $99M $92M 7.53%
New Positions 14 11 +3
Increased Positions 24 22 +2
Closed Positions 11 6 +5
Reduced Positions 22 18 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PBD

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Institutional Holders (2026 Q2)

77 + investors

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

QUARTER:
Top 25 PBD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Willow Creek Capital Management, Inc. 0.22% 11,798 $231K
2 Nilsine Partners, LLC 0.12% 90,082 $1.8M
3 Wellington Shields & Co., LLC 0.11% 25,454 $499K
4 Western Financial Corp/CA 0.07% 12,014 $235K
5 MinichMacGregor Wealth Management, LLC 0.06% 18,771 $368K
6 Harborfront Financial Group LLC 0.05% 703 $14K
7 Global View Capital Management LLC 0.05% 11,824 $232K
8 KKM Financial LLC 0.05% 17,089 $335K
9 Princeton Global Asset Management LLC 0.04% 13,237 $259K
10 HighTower Advisors, LLC 0.04% 1,884,717 $36.9M
11 SOA Wealth Advisors, LLC. 0.03% 8,467 $166K
12 Hennion & Walsh Asset Management, Inc. 0.02% 39,615 $776K
13 Johnson Financial Group, LLC 0.02% 14,903 $292K
14 Trust Co of Vermont 0.01% 19,506 $382K
15 Mcdonald Partners LLC 0.01% 2,350 $46K
16 Independent Financial Group, LLC 0.01% 28,559 $560K
17 Prospera Financial Services Inc 0.01% 30,874 $605K
18 PFG Investments, LLC 0.01% 10,386 $204K
19 Institute for Wealth Management, LLC. 0.01% 4,153 $81K
20 Mercer Global Advisors Inc /Adv 0.01% 214,187 $4.2M
21 Truist Financial Corp 0.00% 210,974 $4.1M
22 Ritter Daniher Financial Advisory LLC / DE 0.00% 1,558 $31K
23 Equitable Holdings, Inc. 0.00% 30,370 $595K
24 CGC Financial Services, LLC 0.00% 645 $13K
25 Private Advisor Group, LLC 0.00% 30,791 $604K
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 (PBD)

What does the Smart Money Trend signal show for PBD?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added PBD 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 PBD?

Slight buying edge — 54% buying: Last quarter: 39 funds bought or added vs 33 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 PBD holders?

Strong quality — 30% AUM from major funds: 15 of 78 holders rank in the top 100 by AUM, accounting for 30% 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 PBD?

63% of holders stayed for 2+ years: 49 out of 78 hedge funds have held PBD 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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