Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO EXCH TRADED FD TR II (PDN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — PDN

Based on 100 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PDN 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
100 hedge funds hold PDN 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 PDN is almost the same as a year ago (+2 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 46% buying

42 buying50 selling
Last quarter: 50 funds reduced or exited vs 42 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 (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 6 → 18 → 11. 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.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 22% medium ■ 14% new
64 out of 100 hedge funds have held PDN 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 → 9 → 6 → 18 → 11 new funds/Q
New funds entering each quarter: 9 → 6 → 18 → 11. A growing number of institutions are discovering PDN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 15% 1-2yr ■ 19% new
Of 100 current holders: 66 (66%) 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 — 63% AUM from top-100 funds

63% from top-100 AUM funds
16 of 100 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in PDN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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: PDN

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

Market Analysis: PDN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PDN

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: PDN
2026 Q1 Stats Unlock in 11 days 100 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 100 105 -4.76%
13F Shares 5M 5M -8.59%
Total Value $192M $204M -5.89%
New Positions 11 18 -7
Increased Positions 31 31 -
Closed Positions 16 8 +8
Reduced Positions 34 31 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDN

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

100 + investors

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

Top 25 institutional holders of PDN — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Opes Wealth Management LLC 1.39% 194,811 $8.4M
2 DROMS STRAUSS ADVISORS INC /MO/ /ADV 1.14% 100,709 $4.4M
3 Virtus Family Office LLC 0.83% 22,309 $968K
4 CUTLER INVESTMENT COUNSEL LLC 0.44% 98,035 $4.3M
5 Beckerman Institutional, LLC 0.40% 17,344 $752K
6 Williams & Novak, LLC 0.35% 10,755 $474K
7 Elm3 Financial Group, LLC 0.30% 8,257 $358K
8 STUDIO INVESTMENT MANAGEMENT LLC 0.24% 31,051 $1.3M
9 KWB Wealth 0.21% 49,988 $2.1M
10 MB Generational Wealth, LLC 0.17% 7,206 $313K
11 Sensible Money, LLC 0.16% 12,350 $536K
12 Westmount Partners, LLC 0.12% 11,296 $490K
13 SMITH, MOORE & CO. 0.07% 22,244 $965K
14 Sunrise Financial Services, LLC 0.02% 804 $35K
15 CFS Investment Advisory Services, LLC 0.02% 7,669 $359K
16 Summit Financial Strategies, Inc. 0.02% 6,544 $284K
17 Robertson Stephens Wealth Management, LLC 0.02% 16,278 $706K
18 JFS WEALTH ADVISORS, LLC 0.02% 8,124 $352K
19 CoreCap Advisors, LLC 0.02% 11,249 $488K
20 Bell Investment Advisors, Inc 0.01% 1,672 $73K
21 HighTower Advisors, LLC 0.01% 184,062 $8.0M
22 Brooklyn Investment Group 0.01% 6,243 $271K
23 IFP Advisors, Inc 0.00% 4,535 $197K
24 GILL CAPITAL PARTNERS, LLC 0.00% 320 $14K
25 Burk Holdings LLC 0.00% 199 $9K
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 (PDN)

What does the Smart Money Trend signal show for PDN?

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

More sellers than buyers — 46% buying: Last quarter: 50 funds reduced or exited vs 42 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 PDN holders?

Elite ownership — 63% AUM from top-100 funds: 16 of 100 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in PDN. 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 PDN?

64% of holders stayed for 2+ years: 64 out of 100 hedge funds have held PDN 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.