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Invesco Aerospace & Defense ETF

398 hedge funds and large institutions have $2.5B invested in Invesco Aerospace & Defense ETF in 2025 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 136 increasing their positions, 133 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 36

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

6% more capital invested

Capital invested by funds: $2.36B → $2.5B (+$141M)

4.55% more ownership

Funds ownership: 50.25%54.8% (+4.6%)

2% more funds holding

Funds holding: 391398 (+7)

2% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 133

77% less call options, than puts

Call options by funds: $122M | Put options by funds: $533M

Holders
398
Holders Change
+7
Holders Change %
+1.79%
% of All Funds
5.34%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.12%
New
48
Increased
136
Reduced
133
Closed
36
Calls
$122M
Puts
$533M
Net Calls
-$412M
Net Calls Change
-$472M
Name Holding Trade Value Shares
Change
Change in
Stake
IA
401
Intellus Advisors
Florida
-$7.58M -66,090 Closed
BNP Paribas Financial Markets
402
BNP Paribas Financial Markets
France
-$6M -52,307 Closed
CFGS
403
Concourse Financial Group Securities
Alabama
-$4.01M -32,721 Closed
AWM
404
Apollon Wealth Management
South Carolina
-$3.21M -27,999 Closed
IAA
405
Independent Advisor Alliance
North Carolina
-$2.89M -25,156 Closed
QWM
406
Quadcap Wealth Management
Texas
-$2.53M -22,013 Closed
FSA
407
Financial Sense Advisors
California
-$1.9M -16,583 Closed
Thrivent Financial for Lutherans
408
Thrivent Financial for Lutherans
Minnesota
-$1.58M -13,778 Closed
FMP
409
Financial Management Professionals
Texas
-$1.01M -8,760 Closed
BCM
410
Barometer Capital Management
Ontario, Canada
-$778K -7,570 Closed
GM
411
GeoWealth Management
Illinois
-$716K -6,243 Closed
PFA
412
Pettinga Financial Advisors
Indiana
-$671K -5,845 Closed
NFG
413
Norris Financial Group
South Carolina
-$477K -4,161 Closed
CSS
414
Cubist Systematic Strategies
Connecticut
-$441K -3,845 Closed
Mercer Global Advisors
415
Mercer Global Advisors
Colorado
-$387K -3,376 Closed
EE
416
EWG Elevate
California
-$296K -2,577 Closed
HFS
417
Howard Financial Services
Texas
-$286K -2,490 Closed
EWA
418
Exencial Wealth Advisors
Oklahoma
-$284K -2,472 Closed
UAS
419
United Asset Strategies
New York
-$261K -2,271 Closed
DWM
420
Diversify Wealth Management
Utah
-$239K -2,085 Closed
LCGC
421
Legacy Capital Group California
California
-$234K -2,042 Closed
LGA
422
Lebenthal Global Advisors
New York
-$234K -2,040 Closed
SFS
423
Sharp Financial Services
Pennsylvania
-$233K -2,028 Closed
DAS
424
Diversify Advisory Services
Utah
-$230K -2,009 Closed
HCC
425
Hirtle Callaghan & Co
Pennsylvania
-$230K -2,001 Closed

PPA Hedge Fund Activity: Q1 2025 in Review

398 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q1 2025, worth a combined $2.5B — up 6% from $2.36B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new PPA positions and 36 closed out — a net gain of 12 holders — while 136 added to existing stakes and 133 trimmed.

The largest buyer was Bank of America, adding an estimated $189M. The largest seller was National Bank of Canada, cutting an estimated $31.4M.

  • 398 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q1 2025, up from 391 in Q4 2024.
  • Funds reported $2.5B of Invesco Aerospace & Defense ETF stock for Q1 2025, up 6% quarter-over-quarter.
  • 48 funds opened new Invesco Aerospace & Defense ETF positions in Q1 2025 and 36 closed out, a net change of +12 holders.
  • The largest Invesco Aerospace & Defense ETF buyer in Q1 2025 was Bank of America, an estimated $189M added.
  • The largest Invesco Aerospace & Defense ETF seller in Q1 2025 was National Bank of Canada, an estimated $31.4M sold.

Based on aggregated 13F filings for Q1 2025.