Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exch Traded Fd Tr II (PXH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
3Q ▲
Buyers last Q
65%

Smart Money Signals — PXH

Based on 221 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added PXH 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
221 hedge funds hold PXH 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 — +22% more funds vs a year ago

fund count last 6Q
+40 new funds entered over the past year (+22% 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 — 65% buying

119 buying65 selling
Last quarter: 119 funds were net buyers (31 opened a brand new position + 88 added to an existing one). Only 65 were sellers (50 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~31 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 25 → 33 → 34 → 31. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 23% medium ■ 31% new
103 out of 221 hedge funds have held PXH 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

34 → 25 → 33 → 34 → 31 new funds/Q
New funds entering each quarter: 25 → 33 → 34 → 31. A growing number of institutions are discovering PXH each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 49% veterans vs 38% newcomers

■ 49% veterans ■ 14% 1-2yr ■ 38% new
Entry-cohort mix of 221 holders: 108 (49%) are 2+ year veterans, 30 entered 1–2 years ago, and 83 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 76% AUM from top-100 funds

76% from top-100 AUM funds
21 of 221 holders are among the 100 largest funds by AUM, controlling 76% of total institutional value in PXH. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — PXH

In 2026 Q1, 119 hedge funds were net buyers of PXH (31 opened a new position, 88 added to an existing one), while 65 reduced or exited (50 trimmed, 15 sold completely) — a 65% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 76% of total institutional value in PXH is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 221.

Hedge Fund Ownership: PXH

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

Market Analysis: PXH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PXH

-- --

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

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

Signal Freshness measures how much PXH 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 · 84d ago
PXH
+7.4%
SPY
+14.9%

PXH outperformed SPY by -7.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
PXH
+1.4%
SPY
+1.1%

Since the filing became public, PXH outperformed SPY by +0.3% .

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.

9 top-rated funds 1 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: PXH
220 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 220 205 7.32%
13F Shares 57M 56M 2.53%
Total Value $1.54B $1.46B 5.42%
New Positions 31 34 -3
Increased Positions 88 85 +3
Closed Positions 16 25 -9
Reduced Positions 49 41 +8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PXH

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

220 + investors

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

QUARTER:
Top 25 PXH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Virtus Family Office LLC 6.28% 273,371 $7.4M
2 Axiom Financial Strategies, LLC 4.86% 512,912 $13.8M
3 Johnson & White Wealth Management, LLC 3.46% 303,907 $8.2M
4 Professional Financial Management, Inc. 3.22% 110,050 $2.8M
5 Itau Unibanco Holding S.A. 1.89% 3,051,133 $78.7M
6 Connecticut Capital Management Group, LLC 1.71% 67,179 $1.8M
7 Aries Wealth Management 1.28% 215,564 $5.8M
8 Atlas Legacy Advisors, LLC 1.25% 254,086 $6.9M
9 Cidel Asset Management Inc 0.91% 619,812 $16.7M
10 TopTier Wealth Management, LLC 0.69% 41,409 $1.1M
11 Sightline Wealth Advisors, LLC 0.62% 54,553 $1.5M
12 Drive Wealth Management, LLC 0.47% 82,658 $2.2M
13 Sard Wealth Management Group, LLC 0.36% 24,313 $654K
14 Trademark Financial Management, LLC 0.35% 26,376 $710K
15 Trailhead Planners LLC 0.32% 12,280 $330K
16 Redwood Financial Network Corp 0.31% 17,633 $475K
17 TrueMark Investments, LLC 0.31% 58,576 $1.6M
18 Red Tortoise LLC 0.30% 27,150 $731K
19 Financial Management Professionals, Inc. 0.26% 87,534 $2.4M
20 Accel Wealth Management 0.25% 35,965 $968K
21 Rothschild Investment LLC 0.24% 173,809 $4.7M
22 Lmcg Investments, LLC 0.24% 146,957 $4.0M
23 KWB Wealth 0.22% 87,961 $2.3M
24 Navigate Wealth Management, LLC 0.22% 11,081 $313K
25 Firethorn Wealth Partners, LLC 0.21% 21,307 $573K
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 (PXH)

What does the Smart Money Trend signal show for PXH?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added PXH 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 PXH?

More buyers than sellers — 65% buying: Last quarter: 119 funds were net buyers (31 opened a brand new position + 88 added to an existing one). Only 65 were sellers (50 trimmed + 15 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PXH holders?

Elite ownership — 76% AUM from top-100 funds: 21 of 221 holders are among the 100 largest funds by AUM, controlling 76% of total institutional value in PXH. 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 PXH?

47% of holders stayed for 2+ years: 103 out of 221 hedge funds have held PXH 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 (PXH) following the 2026 Q1 hedge fund 13F filings?

As of today, PXH has moved +1.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +0.3%. Since the quarter end (March 31, 2026), PXH has gained +7.4% 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.

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.

Full history →