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ALPS Equal Sector Weight ETF

50 hedge funds and large institutions have $182M invested in ALPS Equal Sector Weight ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

43% more capital invested

Capital invested by funds: $127M → $182M (+$54.7M)

26.04% more ownership

Funds ownership: 147.36%173.41% (+26%)

19% more funds holding

Funds holding: 4250 (+8)

8% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 13

Holders
50
Holders Change
+8
Holders Change %
+19.05%
% of All Funds
0.8%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
15
Increased
14
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$33.3M -$689K -20,928 -2%
OAM
2
Oppenheimer Asset Management
New York
$19.3M +$4.98M +151,149 +35%
Morgan Stanley
3
Morgan Stanley
New York
$15.5M +$447K +13,569 +3%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$15M +$14.9M +451,239 New
BCM
5
Beaumont Capital Management
Massachusetts
$14.2M +$14.1M +427,407 New
ACP
6
Aveo Capital Partners
Colorado
$13.8M -$269K -8,157 -2%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$9.15M +$3.19M +96,942 +54%
Osaic Holdings
8
Osaic Holdings
Arizona
$6.8M +$5.11M +155,382 +314%
Ameriprise
9
Ameriprise
Minnesota
$5.76M +$440K +13,374 +8%
RJA
10
Raymond James & Associates
Florida
$5.39M +$688K +20,895 +15%
UBS Group
11
UBS Group
Switzerland
$5.29M -$1.76M -53,421 -25%
LPL Financial
12
LPL Financial
California
$4.17M +$320K +9,708 +8%
Wells Fargo
13
Wells Fargo
California
$3.82M -$28.8K -876 -0.8%
JMPWA
14
JP Morgan Private Wealth Advisors
California
$3.16M -$3.38M -102,630 -52%
BFA
15
Beaumont Financial Advisors
Massachusetts
$3.11M +$3.09M +93,786 New
PCS
16
Personal CFO Solutions
New Jersey
$2.71M +$2.69M +81,642 New
GWP
17
Gateway Wealth Partners
Wisconsin
$2.34M -$28.1K -855 -1%
GVAG
18
Great Valley Advisor Group
Delaware
$2.32M -$7.9K -240 -0.3%
Citadel Advisors
19
Citadel Advisors
Florida
$2.24M +$617K +18,756 +38%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$2.05M +$1.05M +31,959 +107%
Goldman Sachs
21
Goldman Sachs
New York
$1.67M +$1.65M +50,250 New
AWM
22
Axxcess Wealth Management
California
$1.56M +$1.55M +47,079 New
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$911K +$312K +9,483 +53%
SMC
24
Smith, Moore & Co
Missouri
$901K +$19.8K +600 +2%
AWS
25
Atria Wealth Solutions
New York
$836K +$829K +25,185 New

EQL Hedge Fund Activity: Q1 2023 in Review

50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in ALPS Equal Sector Weight ETF (EQL) for Q1 2023, worth a combined $182M — up 43% from $127M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new EQL positions and 7 closed out — a net gain of 8 holders — while 14 added to existing stakes and 13 trimmed.

The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $14.9M. The largest seller was JP Morgan Private Wealth Advisors, cutting an estimated $3.38M.

  • 50 institutional investors held ALPS Equal Sector Weight ETF (EQL) as of Q1 2023, up from 42 in Q4 2022.
  • Funds reported $182M of ALPS Equal Sector Weight ETF stock for Q1 2023, up 43% quarter-over-quarter.
  • 15 funds opened new ALPS Equal Sector Weight ETF positions in Q1 2023 and 7 closed out, a net change of +8 holders.
  • The largest ALPS Equal Sector Weight ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $14.9M added.
  • The largest ALPS Equal Sector Weight ETF seller in Q1 2023 was JP Morgan Private Wealth Advisors, an estimated $3.38M sold.

Based on aggregated 13F filings for Q1 2023.