ALPS Equal Sector Weight ETF
EQL
45 hedge funds and large institutions have $162M invested in ALPS Equal Sector Weight ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 11 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
10% less funds holding
Funds holding: 50 → 45 (-5)
11% less capital invested
Capital invested by funds: $182M → $162M (-$19.9M)
11.94% less ownership
Funds ownership: 173.41% → 161.47% (-12%)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.26M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.1M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.82M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.46M |
| 5 |
Morgan Stanley
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beaumont Capital Management
Boston,
Massachusetts
|
-$14.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.6M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.93M |
| 4 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
-$2.71M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
MML Investors Services
Springfield,
Massachusetts
| – | -$665K | -20,046 | Closed |
|
|
RT
52
Rockland Trust
Hanover,
Massachusetts
| – | -$219K | -6,609 | Closed |
|
53
First Manhattan
New York
| – | -$42.8K | -1,290 | Closed |
|
|
PA
54
Parallel Advisors
San Francisco,
California
| – | -$34.8K | -1,050 | Closed |
|
|
AAS
55
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$10.1K | -300 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$8.76K | -264 | Closed |
|
EQL Hedge Fund Activity: Q2 2023 in Review
45 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ALPS Equal Sector Weight ETF (EQL) for Q2 2023, worth a combined $162M — down 11% from $182M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EQL and 6 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.26M. The largest seller was Beaumont Capital Management, exiting entirely with an estimated $14.2M sold.
- 45 institutional investors held ALPS Equal Sector Weight ETF (EQL) as of Q2 2023, down from 50 in Q1 2023.
- Funds reported $162M of ALPS Equal Sector Weight ETF stock for Q2 2023, down 11% quarter-over-quarter.
- 6 funds opened new ALPS Equal Sector Weight ETF positions in Q2 2023 and 11 closed out, a net change of -5 holders.
- The largest ALPS Equal Sector Weight ETF buyer in Q2 2023 was Royal Bank of Canada, an estimated $2.26M added.
- The largest ALPS Equal Sector Weight ETF seller in Q2 2023 was Beaumont Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q2 2023.