Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCH TRADED FD TR II (PCY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
2Q ▲
Buyers last Q
58%

Smart Money Signals — PCY

Based on 194 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PCY 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
194 hedge funds hold PCY 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.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 2 quarters from the low — a sharp move.
🟡

Slight buying edge — 58% buying

105 buying76 selling
Last quarter: 105 funds bought or added vs 76 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.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new PCY position: 22 → 24 → 26 → 33. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 19% medium ■ 16% new
125 out of 194 hedge funds have held PCY 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

27 → 22 → 24 → 26 → 33 new funds/Q
New funds entering each quarter: 22 → 24 → 26 → 33. A growing number of institutions are discovering PCY each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 10% 1-2yr ■ 22% new
Of 195 current holders: 132 (68%) 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.
🏆

Elite ownership — 79% AUM from top-100 funds

79% from top-100 AUM funds
18 of 194 holders are among the 100 largest funds by AUM, controlling 79% of total institutional value in PCY. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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.

Hedge Fund Ownership: PCY

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

Market Analysis: PCY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PCY

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: PCY
2026 Q1 Stats Unlock in 21 days 195 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 195 174 12.07%
13F Shares 40M 38M 5.37%
Total Value $905M $820M 10.32%
New Positions 33 26 +7
Increased Positions 73 56 +17
Closed Positions 12 24 -12
Reduced Positions 64 69 -5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PCY

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

195 + investors

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

Top 25 institutional holders of PCY — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Annex Advisory Services, LLC 1.57% 4,002,668 $83.7M
2 Financial & Tax Architects, LLC 1.08% 231,834 $4.8M
3 RiverTree Advisors, LLC 0.91% 68,855 $1.4M
4 City Center Advisors, LLC 0.76% 39,247 $820K
5 Sharper & Granite LLC 0.68% 95,160 $2.0M
6 Probity Advisors, Inc. 0.26% 78,159 $1.6M
7 Legacy Wealth Asset Management, LLC 0.19% 37,818 $790K
8 Post Resch Tallon Group Inc. 0.18% 10,463 $220K
9 FLYWHEEL PRIVATE WEALTH LLC 0.17% 13,891 $290K
10 Colonial River Investments, LLC 0.15% 19,379 $405K
11 Auour Investments LLC 0.12% 18,363 $384K
12 SigFig Wealth Management, LLC 0.11% 184,022 $3.8M
13 Murphy & Mullick Capital Management Corp 0.11% 7,240 $151K
14 Friedenthal Financial 0.11% 10,128 $212K
15 Stewardship Advisors, LLC 0.09% 19,710 $412K
16 Worth Asset Management, LLC 0.09% 11,909 $249K
17 Total Clarity Wealth Management, Inc. 0.08% 16,763 $350K
18 Zullo Investment Group, Inc. 0.08% 10,247 $214K
19 Sound Income Strategies, LLC 0.07% 68,711 $1.4M
20 City State Bank 0.06% 10,250 $214K
21 Great Waters Wealth Management 0.05% 24,208 $506K
22 Sequent Planning LLC 0.05% 10,474 $219K
23 Asset Allocation Strategies LLC 0.05% 13,989 $292K
24 RFG Advisory, LLC 0.05% 122,268 $2.6M
25 Community Bank & Trust, Waco, Texas 0.04% 10,166 —
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 (PCY)

What does the Smart Money Trend signal show for PCY?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PCY 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 PCY?

Slight buying edge — 58% buying: Last quarter: 105 funds bought or added vs 76 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 PCY holders?

Elite ownership — 79% AUM from top-100 funds: 18 of 194 holders are among the 100 largest funds by AUM, controlling 79% of total institutional value in PCY. 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 PCY?

64% of holders stayed for 2+ years: 125 out of 194 hedge funds have held PCY 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.