Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PGHY)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
1Q ▲
Buyers last Q
70%

Smart Money Signals — PGHY

Based on 67 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 PGHY 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
67 hedge funds hold PGHY 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 — +34% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+34% 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 buyers than sellers — 70% buying

46 buying20 selling
Last quarter: 46 funds were net buyers (18 opened a brand new position + 28 added to an existing one). Only 20 were sellers (14 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new PGHY position: 10 → 7 → 8 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

51% of holders stayed for 2+ years

51% conviction (2yr+) 21% medium 28% new
34 out of 67 hedge funds have held PGHY 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.
🚀

Acceleration phase — new buyers rushing in

7 → 10 → 7 → 8 → 18 new funds/Q
New funds entering each quarter: 10 → 7 → 8 → 18. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 58% of holders stayed 2+ years

58% veterans 12% 1-2yr 30% new
Of 67 current holders: 39 (58%) 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.
📋

Smaller funds dominant — 14% AUM from top-100

14% from top-100 AUM funds
12 of 67 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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.

Institutional Sentiment Summary — PGHY

In 2026 Q1, 46 hedge funds were net buyers of PGHY (18 opened a new position, 28 added to an existing one), while 20 reduced or exited (14 trimmed, 6 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 67.

Hedge Fund Ownership: PGHY

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

Market Analysis: PGHY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PGHY

-- --

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

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

Signal Freshness measures how much PGHY has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
PGHY
+2.1%
SPY
+14.1%

PGHY outperformed SPY by -12.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
PGHY
+0.1%
SPY
+0.3%

Since the filing became public, PGHY outperformed SPY by -0.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 1 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: PGHY
67 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 67 55 21.82%
13F Shares 7M 5M 25.1%
Total Value $129M $107M 21.14%
New Positions 18 8 +10
Increased Positions 28 26 +2
Closed Positions 6 8 -2
Reduced Positions 14 16 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PGHY

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Institutional Holders (2026 Q1)

67 + investors

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

QUARTER:
Top 25 PGHY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Whitcomb & Hess, Inc. 3.24% 715,864 $13.9M
2 Insight Wealth Strategies, LLC 1.80% 831,758 $16.1M
3 Philadelphia Investment Partners, LLC 1.37% 103,508 $2.0M
4 Inspire Advisors, LLC 1.05% 662,616 $12.9M
5 Sound Income Strategies, LLC 0.70% 738,623 $14.4M
6 Sowell Financial Services LLC 0.63% 883,234 $17.1M
7 Royal Fund Management, LLC 0.48% 260,698 $5.1M
8 APS Management Group, Inc. 0.40% 24,124 $468K
9 Horizon Financial Services, LLC 0.28% 32,955 $640K
10 Greenberg Financial Group 0.27% 34,175 $663K
11 Bright Futures Wealth Management, LLC. 0.18% 13,395 $260K
12 Acorn Wealth Advisors, LLC 0.14% 24,480 $475K
13 Fortis Capital Advisors, LLC 0.13% 50,945 $989K
14 Murphy & Mullick Capital Management Corp 0.13% 8,928 $173K
15 Advisory Alpha, LLC 0.12% 231,148 $4.5M
16 Endowment Wealth Management, Inc. 0.11% 13,280 $258K
17 Simplicity Wealth,LLC 0.11% 98,597 $1.9M
18 Baker Avenue Asset Management, LP 0.09% 195,382 $3.8M
19 Cambria Investment Management, L.P. 0.06% 59,501 $1.2M
20 Capital Investment Advisory Services, LLC 0.05% 34,039 $661K
21 Kingsview Wealth Management, LLC 0.04% 140,378 $2.7M
22 Belpointe Asset Management LLC 0.04% 50,945 $989K
23 GeoWealth Management, LLC 0.03% 43,952 $853K
24 Two Sigma Securities, LLC 0.03% 12,313 $239K
25 Silver Oak Securities, Incorporated 0.02% 17,092 $332K
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 (PGHY)

What does the Smart Money Trend signal show for PGHY?

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

More buyers than sellers — 70% buying: Last quarter: 46 funds were net buyers (18 opened a brand new position + 28 added to an existing one). Only 20 were sellers (14 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PGHY holders?

Smaller funds dominant — 14% AUM from top-100: 12 of 67 holders rank in the top 100 by AUM, but together hold only 14% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PGHY?

51% of holders stayed for 2+ years: 34 out of 67 hedge funds have held PGHY 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 (PGHY) following the 2026 Q1 hedge fund 13F filings?

As of today, PGHY has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), PGHY has gained +2.1% vs +14.1% 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.

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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