Invesco AI and Next Gen Software ETF
IGPT
88 hedge funds and large institutions have $58.4M invested in Invesco AI and Next Gen Software ETF in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
34% more capital invested
Capital invested by funds: $43.6M → $58.4M (+$14.8M)
33% more funds holding
Funds holding: 66 → 88 (+22)
3.2% less ownership
Funds ownership: 23.76% → 20.56% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.2M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.19M |
| 4 |
CNBT
Canandaigua National Bank & Trust
Canandaigua,
New York
|
+$957K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$811K |
| 4 |
FA
Fiduciary Alliance
Greenville,
South Carolina
|
-$371K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$245K |
IGPT Hedge Fund Activity: Q1 2024 in Review
88 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco AI and Next Gen Software ETF (IGPT) for Q1 2024, worth a combined $58.4M — up 34% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IGPT positions and 7 closed out — a net gain of 23 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.2M. The largest seller was Morgan Stanley, cutting an estimated $3.16M.
- 88 institutional investors held Invesco AI and Next Gen Software ETF (IGPT) as of Q1 2024, up from 66 in Q4 2023.
- Funds reported $58.4M of Invesco AI and Next Gen Software ETF stock for Q1 2024, up 34% quarter-over-quarter.
- 30 funds opened new Invesco AI and Next Gen Software ETF positions in Q1 2024 and 7 closed out, a net change of +23 holders.
- The largest Invesco AI and Next Gen Software ETF buyer in Q1 2024 was LPL Financial, an estimated $3.2M added.
- The largest Invesco AI and Next Gen Software ETF seller in Q1 2024 was Morgan Stanley, an estimated $3.16M sold.
Based on aggregated 13F filings for Q1 2024.