Invesco Aerospace & Defense ETF
27 hedge funds and large institutions have $14.8M invested in Invesco Aerospace & Defense ETF in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
23% more funds holding
Funds holding: 22 → 27 (+5)
8.88% less ownership
Funds ownership: 25% → 16.12% (-8.9%)
16% less capital invested
Capital invested by funds: $17.6M → $14.8M (-$2.82M)
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
|
+$1.61M |
| 2 |
AIG
American International Group
New York
|
+$398K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$373K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$230K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
-$5.47M |
| 2 |
UAS
United Asset Strategies
Garden City,
New York
|
-$1.46M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.17M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$762K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $6K | – | – | – |
|
|
VIA
27
Vantage Investment Advisors
State College,
Pennsylvania
| $3K | +$3.08K | +106 | New |
|
|
UAS
28
United Asset Strategies
Garden City,
New York
| – | -$1.46M | -52,935 | Closed |
|
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$762K | -27,686 | Closed |
|
PPA Hedge Fund Activity: Q4 2013 in Review
27 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q4 2013, worth a combined $14.8M — down 16% from $17.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PPA positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.61M. The largest seller was Pacific Financial Group, cutting an estimated $5.47M.
- 27 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q4 2013, up from 22 in Q3 2013.
- Funds reported $14.8M of Invesco Aerospace & Defense ETF stock for Q4 2013, down 16% quarter-over-quarter.
- 7 funds opened new Invesco Aerospace & Defense ETF positions in Q4 2013 and 2 closed out, a net change of +5 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q4 2013 was Morgan Stanley, an estimated $1.61M added.
- The largest Invesco Aerospace & Defense ETF seller in Q4 2013 was Pacific Financial Group, an estimated $5.47M sold.
Based on aggregated 13F filings for Q4 2013.