Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Exchange Traded Fd T (PXJ)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
38%

Smart Money Signals — PXJ

Based on 32 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 PXJ positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
32 funds currently hold this stock — 80% of the 3.0-year high of 40 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +33% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+33% 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. The peak was reached in just 1 quarters from the low — a sharp move.
🔴

Heavy selling pressure — only 38% buying

18 buying29 selling
Last quarter: 29 funds sold vs only 18 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 1 → 4 → 24 → 12. 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.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 22% medium ■ 38% new
13 out of 32 hedge funds have held PXJ 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

4 → 1 → 4 → 24 → 12 new funds/Q
New funds entering each quarter: 1 → 4 → 24 → 12. A growing number of institutions are discovering PXJ each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 53% veterans vs 34% newcomers

■ 53% veterans ■ 12% 1-2yr ■ 34% new
Entry-cohort mix of 32 holders: 17 (53%) are 2+ year veterans, 4 entered 1–2 years ago, and 11 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
8 of 31 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PXJ. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — PXJ

In 2026 Q2, 18 hedge funds were net buyers of PXJ (12 opened a new position, 6 added to an existing one), while 29 reduced or exited (9 trimmed, 20 sold completely) — a 38% buyer ratio, indicating net institutional distribution. 41% of total institutional value in PXJ is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 32.

Hedge Fund Ownership: PXJ

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

Market Analysis: PXJ

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PXJ

-- --

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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: PXJ
2026 Q3 Stats Unlock in 46 days 31 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 31 40 -22.5%
13F Shares 680K 1M -53.45%
Total Value $25M $60M -58.51%
New Positions 12 24 -12
Increased Positions 6 9 -3
Closed Positions 20 3 +17
Reduced Positions 9 3 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PXJ

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 Q2)

31 + investors

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

QUARTER:
Top 25 PXJ holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Outlook Wealth Advisors, LLC 0.35% 41,907 $1.6M
2 Comprehensive Financial Consultants Institutional, Inc. 0.15% 14,421 $556K
3 Two Sigma Securities, LLC 0.03% 10,202 $393K
4 New Harbor Financial Group, LLC 0.03% 5,289 $204K
5 Benjamin Edwards Inc 0.03% 72,593 $2.8M
6 Tower Research Capital LLC (TRC) 0.02% 23,654 $912K
7 HighMark Wealth Management LLC 0.02% 1,566 $60K
8 Prospera Financial Services Inc 0.01% 19,662 $759K
9 Hrt Financial LP 0.00% 51,630 $2.0M
10 Two Sigma Investments, LP 0.00% 60,480 $2.3M
11 Raymond James Financial Inc 0.00% 85,460 $3.3M
12 LPL Financial LLC 0.00% 89,214 $3.4M
13 Cetera Investment Advisers 0.00% 17,678 $681K
14 Lanark Financial, INC. 0.00% 226 $9K
15 Private Trust Co NA 0.00% 183 $7K
16 Steward Partners Investment Advisory, LLC 0.00% 2,200 $85K
17 Osaic Holdings, INC. 0.00% 7,654 $295K
18 Integrated Wealth Concepts LLC 0.00% 1,335 $51K
19 Royal Bank of Canada 0.00% 38,067 $1.5M
20 Global Retirement Partners, LLC 0.00% 359 $14K
21 BNP Paribas 0.00% 200 $8K
22 Bank of America Corp /de/ 0.00% 31,018 $1.2M
23 Goldman Sachs Group Inc 0.00% 21,001 $810K
24 Susquehanna International Group, LLP 0.00% 22,081 $851K
25 Citadel Advisors LLC 0.00% 14,192 $547K
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 Exchange Traded Fd T (PXJ)

What does the Smart Money Trend signal show for PXJ?

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

Heavy selling pressure — only 38% buying: Last quarter: 29 funds sold vs only 18 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for PXJ holders?

Elite ownership — 41% AUM from top-100 funds: 8 of 31 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in PXJ. 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 PXJ?

41% of holders stayed for 2+ years: 13 out of 32 hedge funds have held PXJ 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.

Full history →