Invesco Exchange Traded Fd T (PBW): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Invesco Exchange Traded Fd T (PBW) following the 2026 Q1 hedge fund 13F filings?

As of today, PBW has moved -9.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -8.8%. Since the quarter end (March 31, 2026), PBW gained +18.7% vs +13.0% 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.

Invesco Exchange Traded Fd T (PBW)

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

Smart Money Signals — PBW

Based on 143 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 PBW 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 (95% of max)

95% of all-time peak

143 hedge funds hold PBW 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 — +21% more funds vs a year ago

fund count last 6Q

+25 new funds entered over the past year (+21% 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.

🟠

More sellers than buyers — 41% buying

48 buying68 selling

Last quarter: 68 funds reduced or exited vs 48 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 11 → 33 → 29 → 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.

🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 20% medium ■ 15% new

93 out of 143 hedge funds have held PBW 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 — ~18 new funds/quarter

14 → 11 → 33 → 29 → 18 new funds/Q

New funds entering each quarter: 11 → 33 → 29 → 18. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 70% veterans vs 17% newcomers

■ 70% veterans ■ 12% 1-2yr ■ 17% new

Entry-cohort mix of 145 holders: 102 (70%) are 2+ year veterans, 18 entered 1–2 years ago, and 25 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds

20 of 142 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in PBW. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	141	148	-4.73%
13F Shares	5M	11M	-52.63%
Total Value	$157M	$326M	-51.77%
New Positions	18	29	-11
Increased Positions	29	36	-7
Closed Positions	25	9	+16
Reduced Positions	45	36	+9
Total Calls	2	2	-
Total Puts	1	0	100%
PUT/CALL Ratio	0.5	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

141

148

-4.73%

13F Shares

11M

-52.63%

Total Value

$157M

$326M

-51.77%

New Positions

-11

Increased Positions

-7

Closed Positions

+16

Reduced Positions

Total Calls

Total Puts

100%

PUT/CALL Ratio

0.5

0.0

Bullish

Institutional Holders (2026 Q1)

141 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PBW holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Blue Jean Financial LLC	0.54%	20,673	$653K
2	Comprehensive Financial Planning, Inc./PA	0.48%	21,900	$692K
3	Fortis Group Advisors, LLC	0.30%	46,875	$1.8M
4	Outlook Wealth Advisors, LLC	0.27%	35,306	$1.1M
5	Moller Wealth Partners	0.18%	29,228	$923K
6	Financial Management Professionals, Inc.	0.18%	50,997	$1.6M
7	IFP Advisors, Inc	0.17%	260,117	$8.2M
8	TigerOak Management, L.L.C.	0.12%	12,309	$389K
9	Massar Capital Management, LP	0.11%	31,584	$997K
10	VUB Generali dochodkova spravcovska spolocnost, a.s.	0.10%	3,850	$122K
11	Gts Securities LLC	0.07%	63,062	$2.0M
12	Elwood & Goetz Wealth Advisory Group, LLC	0.07%	12,845	$406K
13	Prism Advisors, Inc.	0.07%	8,165	$258K
14	Allianz Se	0.06%	169,068	$5.3M
15	Nwam LLC	0.06%	32,495	$1.0M
16	Great Diamond Partners, LLC	0.05%	7,658	$242K
17	Retirement Income Solutions, Inc	0.04%	6,837	$216K
18	Tower Research Capital LLC (TRC)	0.03%	41,395	$1.3M
19	Westfuller Advisors, LLC	0.03%	2,195	$69K
20	Two Sigma Securities, LLC	0.02%	6,504	$205K
21	Evolution Wealth Advisors, LLC	0.02%	6,758	$213K
22	Harbour Investments, INC.	0.02%	42,746	$1.3M
23	JPL Wealth Management, LLC	0.02%	2,585	$82K
24	Tradition Wealth Management, LLC	0.02%	7,870	$249K
25	Tanglewood Legacy Advisors, LLC	0.01%	1,233	$39K

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 Exchange Traded Fd T (PBW)

What does the Smart Money Trend signal show for PBW?

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

More sellers than buyers — 41% buying: Last quarter: 68 funds reduced or exited vs 48 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PBW holders?

Elite ownership — 50% AUM from top-100 funds: 20 of 142 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in PBW. 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 PBW?

65% of holders stayed for 2+ years: 93 out of 143 hedge funds have held PBW 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 Exchange Traded Fd T (PBW) following the 2026 Q1 hedge fund 13F filings?

As of today, PBW has moved -9.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.5% for the SPY sector ETF — an outperformance of -8.8%. Since the quarter end (March 31, 2026), PBW has gained +18.7% vs +13.0% 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.

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Invesco Exchange Traded Fd T (PBW)

Smart Money Signals — PBW

Selling streak — 1 quarter in a row

At the ownership peak (95% of max)

Fast accumulation — +21% more funds vs a year ago

More sellers than buyers — 41% buying

Fewer new buyers each quarter (-11 vs last Q)

65% of holders stayed for 2+ years

Steady discovery — ~18 new funds/quarter

Veteran-anchored — 70% veterans vs 17% newcomers

Elite ownership — 50% AUM from top-100 funds

Institutional Sentiment Summary — PBW

Hedge Fund Ownership: PBW

Market Analysis: PBW

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PBW

Is It Too Late to Buy Invesco Exchange Traded Fd T (PBW) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: PBW

Statistics: PBW

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Invesco Exchange Traded Fd T (PBW)

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