Invesco Exch Traded Fd Tr II (PCEF): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

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

As of today, PCEF has moved +1.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +0.1%. Since the quarter end (March 31, 2026), PCEF gained +6.2% vs +14.9% 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.

Invesco Exch Traded Fd Tr II (PCEF)

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

Smart Money Signals — PCEF

Based on 121 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds added PCEF 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 (95% of max)

95% of all-time peak

121 hedge funds hold PCEF 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.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding PCEF is almost the same as a year ago (-4 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 55% buying

61 buying50 selling

Last quarter: 61 funds bought or added vs 50 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 — ~18 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 16 → 8 → 13 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 18% new

75 out of 121 hedge funds have held PCEF 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

12 → 16 → 8 → 13 → 18 new funds/Q

New funds entering each quarter: 16 → 8 → 13 → 18. A growing number of institutions are discovering PCEF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 69% veterans vs 18% newcomers

■ 69% veterans ■ 13% 1-2yr ■ 18% new

Entry-cohort mix of 121 holders: 83 (69%) are 2+ year veterans, 16 entered 1–2 years ago, and 22 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds

14 of 121 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in PCEF. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.2

out of 10

Low Exit Risk

Exit risk score 3.2/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	121	119	1.68%
13F Shares	19M	19M	1.79%
Total Value	$360M	$379M	-4.93%
New Positions	18	13	+5
Increased Positions	43	36	+7
Closed Positions	16	16	-
Reduced Positions	34	45	-11
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

121

119

1.68%

13F Shares

19M

1.79%

Total Value

$360M

$379M

-4.93%

New Positions

Increased Positions

Closed Positions

Reduced Positions

-11

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

121 + investors

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

QUARTER:

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

Top 25 PCEF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Intrua Financial, LLC	1.23%	634,584	$11.9M
2	BTS Asset Management, Inc.	1.16%	15,967	$300K
3	Larson Financial Group LLC	0.69%	1,144,037	$21.5M
4	Future Financial Wealth Managment LLC	0.59%	45,942	$910K
5	Dumont & Blake Investment Advisors LLC	0.59%	124,501	$2.3M
6	Qp Wealth Management, LLC	0.43%	13,480	$254K
7	Argyle Capital Partners, LLC	0.34%	25,239	$475K
8	Boxwood Ventures, Inc.	0.32%	15,802	$297K
9	IFG Advisory, LLC	0.31%	5,723	$108K
10	Endowment Wealth Management, Inc.	0.24%	28,404	$535K
11	Adell Harriman & Carpenter Inc	0.22%	191,374	$3.6M
12	Independent Advisor Alliance	0.21%	1,061,903	$20.0M
13	Marino, Stram & Associates LLC	0.16%	46,515	$875K
14	Buska Wealth Management, LLC	0.15%	19,700	$371K
15	Reicon Wealth Advisors, LLC	0.14%	9,643	$181K
16	WealthShield Partners, LLC	0.14%	64,563	$1.2M
17	Goldstone Financial Group, LLC	0.12%	56,518	$1.1M
18	Compass Financial Services Inc	0.11%	13,108	$247K
19	Quartz Partners, LLC	0.08%	11,509	$217K
20	Heartwood Wealth Advisors LLC	0.08%	48,846	$919K
21	Southland Equity Partners LLC	0.07%	18,669	$351K
22	Beck Bode, LLC	0.06%	18,286	$344K
23	Cornerstone Wealth Management, LLC	0.06%	61,752	$1.2M
24	NWF Advisory Services Inc.	0.04%	20,305	$382K
25	Hexagon Capital Partners LLC	0.03%	12,299	$231K

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 (PCEF)

What does the Smart Money Trend signal show for PCEF?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PCEF 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 PCEF?

Slight buying edge — 55% buying: Last quarter: 61 funds bought or added vs 50 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 PCEF holders?

Elite ownership — 62% AUM from top-100 funds: 14 of 121 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in PCEF. 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 PCEF?

62% of holders stayed for 2+ years: 75 out of 121 hedge funds have held PCEF 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 (PCEF) following the 2026 Q1 hedge fund 13F filings?

As of today, PCEF has moved +1.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +0.1%. Since the quarter end (March 31, 2026), PCEF has gained +6.2% vs +14.9% 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.

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Invesco Exch Traded Fd Tr II (PCEF)

Smart Money Signals — PCEF

Buying streak — 1 quarter in a row

At the ownership peak (95% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 55% buying

Steady new buyers — ~18 new funds per quarter

62% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 69% veterans vs 18% newcomers

Elite ownership — 62% AUM from top-100 funds

Institutional Sentiment Summary — PCEF

Hedge Fund Ownership: PCEF

Market Analysis: PCEF

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PCEF

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

Hedge Fund Positioning: PCEF

Statistics: PCEF

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Invesco Exch Traded Fd Tr II (PCEF)

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