Invesco S&P MidCap 400 GARP ETF
GRPM
71 hedge funds and large institutions have $185M invested in Invesco S&P MidCap 400 GARP ETF in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
20% more funds holding
Funds holding: 59 → 71 (+12)
11% more capital invested
Capital invested by funds: $167M → $185M (+$17.6M)
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
15.35% less ownership
Funds ownership: 63.19% → 47.84% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$6.13M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.6M |
| 3 |
WIP
WealthCare Investment Partners
Portsmouth,
Rhode Island
|
+$2.01M |
| 4 |
NEPWA
New England Private Wealth Advisors
Wellesley,
Massachusetts
|
+$1.65M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$34.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.67M |
| 3 |
GS
GTS Securities
New York
|
-$1.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$571K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$557K |
GRPM Hedge Fund Activity: Q1 2024 in Review
71 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P MidCap 400 GARP ETF (GRPM) for Q1 2024, worth a combined $185M — up 11% from $167M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GRPM positions and 3 closed out — a net gain of 14 holders — while 21 added to existing stakes and 21 trimmed.
The largest buyer was Redhawk Wealth Advisors, opening a new position worth an estimated $6.13M. The largest seller was Morgan Stanley, cutting an estimated $34.5M.
- 71 institutional investors held Invesco S&P MidCap 400 GARP ETF (GRPM) as of Q1 2024, up from 59 in Q4 2023.
- Funds reported $185M of Invesco S&P MidCap 400 GARP ETF stock for Q1 2024, up 11% quarter-over-quarter.
- 17 funds opened new Invesco S&P MidCap 400 GARP ETF positions in Q1 2024 and 3 closed out, a net change of +14 holders.
- The largest Invesco S&P MidCap 400 GARP ETF buyer in Q1 2024 was Redhawk Wealth Advisors, an estimated $6.13M added.
- The largest Invesco S&P MidCap 400 GARP ETF seller in Q1 2024 was Morgan Stanley, an estimated $34.5M sold.
Based on aggregated 13F filings for Q1 2024.