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
52%

Smart Money Signals — PDN

Based on 101 hedge funds · latest filing: 2026 Q2 · 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
101 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.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

47 buying43 selling
Last quarter: 47 funds bought or added vs 43 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 — ~13 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 18 → 11 → 15 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 18% medium ■ 18% new
65 out of 101 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.
➡️

Steady discovery — ~13 new funds/quarter

6 → 18 → 11 → 15 → 13 new funds/Q
New funds entering each quarter: 18 → 11 → 15 → 13. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 21% newcomers

■ 66% veterans ■ 13% 1-2yr ■ 21% new
Entry-cohort mix of 101 holders: 67 (66%) are 2+ year veterans, 13 entered 1–2 years ago, and 21 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
19 of 101 holders are among the 100 largest funds by AUM, controlling 53% 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.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — 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.

Institutional Sentiment Summary — PDN

In 2026 Q2, 47 hedge funds were net buyers of PDN (13 opened a new position, 34 added to an existing one), while 43 reduced or exited (25 trimmed, 18 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 53% of total institutional value in PDN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 101.

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

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

Loading signal freshness…
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
0.6
/ 10
conviction
Hedge Fund Positioning: PDN
100 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 100 106 -5.66%
13F Shares 4M 5M -15.34%
Total Value $176M $201M -12.49%
New Positions 12 15 -3
Increased Positions 34 31 +3
Closed Positions 18 9 +9
Reduced Positions 25 29 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDN

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Institutional Holders (2026 Q2)

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.

QUARTER:
Top 25 PDN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Robinswood Financial LLC 1.14% 92,277 $3.1M
2 Virtus Family Office LLC 1.10% 30,937 $1.4M
3 Droms Strauss Advisors Inc /Mo/ /Adv 1.02% 100,336 $4.5M
4 Cutler Investment Counsel LLC 0.41% 96,912 $4.4M
5 Beckerman Institutional, LLC 0.35% 16,354 $736K
6 Williams & Novak Wealth Management, LLC 0.32% 10,755 $484K
7 Crusonia Wealth Advisors LLC 0.27% 36,608 $1.6M
8 Elm3 Financial Group, LLC 0.25% 8,260 $372K
9 Studio Investment Management LLC 0.23% 29,938 $1.3M
10 KWB Wealth 0.18% 45,663 $2.1M
11 MB Generational Wealth, LLC 0.16% 7,206 $324K
12 Sensible Money, LLC 0.15% 12,387 $557K
13 L & S Advisors Inc 0.14% 29,919 $1.3M
14 Westmount Partners, LLC 0.11% 11,296 $508K
15 Smith, Moore & CO. 0.06% 22,244 $1.0M
16 C M Bidwell & Associates Ltd 0.05% 2,975 $134K
17 Access Investment Management LLC 0.05% 4,675 $210K
18 CFO4Life Group, LLC 0.04% 6,732 $303K
19 Asset Dedication, LLC 0.04% 14,181 $638K
20 Ci Investments INC. 0.04% 273,424 $12.3M
21 Klingman & Associates, LLC 0.04% 20,326 $914K
22 EP Wealth Advisors, LLC 0.03% 196,908 $8.9M
23 Modern Wealth Management, LLC 0.02% 44,363 $2.0M
24 CFS Investment Advisory Services, LLC 0.02% 7,669 $347K
25 Jfs Wealth Advisors, LLC 0.02% 10,165 $457K
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?

Slight buying edge — 52% buying: Last quarter: 47 funds bought or added vs 43 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 PDN holders?

Elite ownership — 53% AUM from top-100 funds: 19 of 101 holders are among the 100 largest funds by AUM, controlling 53% 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: 65 out of 101 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.

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