Invesco S&P MidCap 400 GARP ETF
GRPM
59 hedge funds and large institutions have $167M invested in Invesco S&P MidCap 400 GARP ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
34% more capital invested
Capital invested by funds: $125M → $167M (+$42.2M)
13% more funds holding
Funds holding: 52 → 59 (+7)
8.72% more ownership
Funds ownership: 54.47% → 63.19% (+8.7%)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$45M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$9.12M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.57M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.22M |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.3M |
| 2 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$20M |
| 3 |
LIM
Leavell Investment Management
Mobile,
Alabama
|
-$873K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$848K |
| 5 |
Goldman Sachs
New York
|
-$730K |
GRPM Hedge Fund Activity: Q4 2023 in Review
59 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap 400 GARP ETF (GRPM) for Q4 2023, worth a combined $167M — up 34% from $125M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GRPM positions and 7 closed out — a net gain of 7 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $45M. The largest seller was Ameriprise, cutting an estimated $22.3M.
- 59 institutional investors held Invesco S&P MidCap 400 GARP ETF (GRPM) as of Q4 2023, up from 52 in Q3 2023.
- Funds reported $167M of Invesco S&P MidCap 400 GARP ETF stock for Q4 2023, up 34% quarter-over-quarter.
- 14 funds opened new Invesco S&P MidCap 400 GARP ETF positions in Q4 2023 and 7 closed out, a net change of +7 holders.
- The largest Invesco S&P MidCap 400 GARP ETF buyer in Q4 2023 was Morgan Stanley, an estimated $45M added.
- The largest Invesco S&P MidCap 400 GARP ETF seller in Q4 2023 was Ameriprise, an estimated $22.3M sold.
Based on aggregated 13F filings for Q4 2023.