Invesco S&P MidCap 400 GARP ETF
GRPM
48 hedge funds and large institutions have $98.6M invested in Invesco S&P MidCap 400 GARP ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
12% more capital invested
Capital invested by funds: $88.4M → $98.6M (+$10.2M)
7% more funds holding
Funds holding: 45 → 48 (+3)
3.25% more ownership
Funds ownership: 49.14% → 52.39% (+3.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.69M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$1.53M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.45M |
| 5 |
Morgan Stanley
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$7.61M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.09M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$376K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Citadel Advisors
Miami,
Florida
| – | -$1.09M | -12,990 | Closed |
|
|
52
Stifel Financial
St. Louis,
Missouri
| – | -$205K | -2,444 | Closed |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| – | -$160K | -1,917 | Closed |
|
|
MCC
54
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$61.9K | -740 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$30K | -459 | Closed |
|
|
EE
56
EWG Elevate
Roseville,
California
| – | -$32.7K | -391 | Closed |
|
|
S
57
SignatureFD
Atlanta,
Georgia
| – | -$6.41K | -77 | Closed |
|
GRPM Hedge Fund Activity: Q1 2023 in Review
48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap 400 GARP ETF (GRPM) for Q1 2023, worth a combined $98.6M — up 12% from $88.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GRPM positions and 7 closed out — a net gain of 5 holders — while 14 added to existing stakes and 17 trimmed.
The largest buyer was Ameriprise, adding an estimated $20.5M. The largest seller was Affinity Wealth Management, cutting an estimated $7.61M.
- 48 institutional investors held Invesco S&P MidCap 400 GARP ETF (GRPM) as of Q1 2023, up from 45 in Q4 2022.
- Funds reported $98.6M of Invesco S&P MidCap 400 GARP ETF stock for Q1 2023, up 12% quarter-over-quarter.
- 12 funds opened new Invesco S&P MidCap 400 GARP ETF positions in Q1 2023 and 7 closed out, a net change of +5 holders.
- The largest Invesco S&P MidCap 400 GARP ETF buyer in Q1 2023 was Ameriprise, an estimated $20.5M added.
- The largest Invesco S&P MidCap 400 GARP ETF seller in Q1 2023 was Affinity Wealth Management, an estimated $7.61M sold.
Based on aggregated 13F filings for Q1 2023.