Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PBD)

73 + 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
↑ +5
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — PBD

Based on 74 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 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
74 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 — +23% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+23% 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. The peak was reached in just 4 quarters from the low — a sharp move.
🟡

Slight buying edge — 58% buying

33 buying24 selling
Last quarter: 33 funds bought or added vs 24 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 — ~11 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 6 → 16 → 11. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 16% medium 24% new
44 out of 74 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

3 → 4 → 6 → 16 → 11 new funds/Q
New funds entering each quarter: 4 → 6 → 16 → 11. A growing number of institutions are discovering PBD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

65% veterans 9% 1-2yr 26% new
Of 74 current holders: 48 (65%) 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.

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
13 of 74 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — 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 Q1, 33 hedge funds were net buyers of PBD (11 opened a new position, 22 added to an existing one), while 24 reduced or exited (18 trimmed, 6 sold completely) — a 58% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 28% of total institutional value in PBD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 74.

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

-- --

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

Is It Too Late to Buy Invesco Exch Traded Fd Tr II (PBD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PBD has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
PBD
nan%
SPY
+15.9%

PBD outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
PBD
nan%
SPY
+2.0%

Since the filing became public, PBD outperformed SPY by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: PBD
73 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 73 69 5.8%
13F Shares 5M 6M -6.12%
Total Value $92M $89M 3.91%
New Positions 11 16 -5
Increased Positions 22 19 +3
Closed Positions 7 8 -1
Reduced Positions 18 11 +7
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 Q1)

73 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Global View Capital Management LLC 0.26% 54,318 $974K
2 Nilsine Partners, LLC 0.14% 89,441 $1.8M
3 Hennion & Walsh Asset Management, Inc. 0.12% 158,118 $3.5M
4 Wellington Shields & Co., LLC 0.12% 25,809 $463K
5 Western Financial Corp/CA 0.09% 12,112 $217K
6 MinichMacGregor Wealth Management, LLC 0.07% 20,567 $369K
7 HighTower Advisors, LLC 0.04% 1,899,787 $34.1M
8 Princeton Global Asset Management LLC 0.03% 11,718 $210K
9 SOA Wealth Advisors, LLC. 0.03% 8,460 $152K
10 Johnson Financial Group, LLC 0.03% 22,306 $400K
11 Independent Financial Group, LLC 0.01% 25,768 $462K
12 PFG Investments, LLC 0.01% 11,477 $206K
13 Prospera Financial Services Inc 0.01% 22,532 $404K
14 Mercer Global Advisors Inc /Adv 0.01% 215,297 $3.9M
15 Truist Financial Corp 0.01% 209,137 $3.7M
16 Ritter Daniher Financial Advisory LLC / DE 0.00% 1,552 $28K
17 CGC Financial Services, LLC 0.00% 645 $12K
18 Equitable Holdings, Inc. 0.00% 24,184 $434K
19 Mather Group, LLC. 0.00% 14,825 $266K
20 Private Advisor Group, LLC 0.00% 28,640 $514K
21 SBI Securities Co., Ltd. 0.00% 4,700 $84K
22 Stifel Financial Corp 0.00% 138,148 $2.5M
23 Raymond James Financial Inc 0.00% 408,817 $7.3M
24 Cetera Investment Advisers 0.00% 117,075 $2.1M
25 Pacific Center for Financial Services 0.00% 375 $7K
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 — 2 quarters in a row: For 2 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 — 58% buying: Last quarter: 33 funds bought or added vs 24 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 — 28% AUM from major funds: 13 of 74 holders rank in the top 100 by AUM, accounting for 28% 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?

59% of holders stayed for 2+ years: 44 out of 74 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.

Is it too late to buy Invesco Exch Traded Fd Tr II (PBD) following the 2026 Q1 hedge fund 13F filings?

As of today, PBD has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), PBD has gained nan% vs +15.9% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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