Invesco S&P MidCap 400 GARP ETF
GRPM
28 hedge funds and large institutions have $16.4M invested in Invesco S&P MidCap 400 GARP ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 31 → 28 (-3)
14.8% less ownership
Funds ownership: 49.54% → 34.74% (-15%)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
61% less capital invested
Capital invested by funds: $41.7M → $16.4M (-$25.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.54M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$219K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$173K |
| 4 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$91.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$69.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.29M |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
-$1.99M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $3K | +$60 | +1 | +1% |
|
|
CP
27
Corbenic Partners
Bethlehem,
Pennsylvania
| $3K | +$3.72K | +62 | New |
|
|
CG
28
Colony Group
Boston,
Massachusetts
| – | -$1.99M | -29,441 | Closed |
|
29
Jane Street
New York
| – | -$524K | -7,766 | Closed |
|
|
CT
30
Caldwell Trust
Venice,
Florida
| – | -$171K | -2,531 | Closed |
|
|
IIA
31
ICW Investment Advisors
Scottsdale,
Arizona
| – | -$92K | -1,368 | Closed |
|
|
GWM
32
Geneos Wealth Management
Englewood,
Colorado
| – | -$42K | -628 | Closed |
|
33
Fidelity Investments
Boston,
Massachusetts
| – | -$10K | -153 | Closed |
|
GRPM Hedge Fund Activity: Q1 2020 in Review
28 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap 400 GARP ETF (GRPM) for Q1 2020, worth a combined $16.4M — down 61% from $41.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GRPM and 5 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 6 added.
The largest buyer was IFP Advisors, opening a new position worth an estimated $1.54M. The largest seller was Morgan Stanley, cutting an estimated $8.4M.
- 28 institutional investors held Invesco S&P MidCap 400 GARP ETF (GRPM) as of Q1 2020, down from 31 in Q4 2019.
- Funds reported $16.4M of Invesco S&P MidCap 400 GARP ETF stock for Q1 2020, down 61% quarter-over-quarter.
- 5 funds opened new Invesco S&P MidCap 400 GARP ETF positions in Q1 2020 and 6 closed out, a net change of -1 holder.
- The largest Invesco S&P MidCap 400 GARP ETF buyer in Q1 2020 was IFP Advisors, an estimated $1.54M added.
- The largest Invesco S&P MidCap 400 GARP ETF seller in Q1 2020 was Morgan Stanley, an estimated $8.4M sold.
Based on aggregated 13F filings for Q1 2020.