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Invesco Aerospace & Defense ETF
PPA

240 hedge funds and large institutions have $965M invested in Invesco Aerospace & Defense ETF in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 87 increasing their positions, 70 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

24% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 70

3% more funds holding

Funds holding: 233 → 240 (+7)

0.67% more ownership

Funds ownership: 49.42% → 50.09% (+0.67%)

1% less capital invested

Capital invested by funds: $975M → $965M (-$9.68M)

8% less call options, than puts

Call options by funds: $331M | Put options by funds: $358M

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
240
Holders Change
+7
Holders Change %
+3%
% of All Funds
3.81%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
30
Increased
87
Reduced
70
Closed
19
Calls
$331M
Puts
$358M
Net Calls
-$27M
Net Calls Change
-$111M

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$40M
2
CAAS
Capital Asset Advisory Services
Michigan
+$14.5M
3
AWM
Axxcess Wealth Management
California
+$13.2M
4
VWM
Valley Wealth Managers
New Jersey
+$6.2M
5
LPL Financial
LPL Financial
California
+$6.05M

Top Sellers

1
AWM
Activest Wealth Management
Florida
-$32.2M
2
Osaic Holdings
Osaic Holdings
Arizona
-$8.7M
3
MIH
Meitav Investment House
Israel
-$2.82M
4
Wells Fargo
Wells Fargo
California
-$2.79M
5
NFG
Norris Financial Group
South Carolina
-$1.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
NFC
26
Northeast Financial Consultants
Connecticut
$6.63M -$10.2K -122 -0.1%
VWM
27
Valley Wealth Managers
New Jersey
$5.92M +$6.2M +74,216 New
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$5.82M +$110K +1,312 +2%
Stifel Financial
29
Stifel Financial
Missouri
$5.51M +$150K +1,796 +3%
RJA
30
Raymond James & Associates
Florida
$5.29M +$65.8K +787 +1%
PCM
31
Presidio Capital Management
California
$5.14M -$617K -7,383 -10%
MML Investors Services
32
MML Investors Services
Massachusetts
$4.97M +$439K +5,252 +9%
KHLMTHM
33
Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet
Israel
$4.93M – – –
HBWM
34
Hollow Brook Wealth Management
New York
$4.92M +$51K +610 +1%
RJFSA
35
Raymond James Financial Services Advisors
Florida
$4.84M +$10.2K +122 +0.2%
LC
36
Lindbrook Capital
California
$4.41M -$16.3K -195 -0.4%
BPA
37
Beacon Pointe Advisors
California
$3.98M +$421K +5,038 +11%
QWM
38
Quaker Wealth Management
New Jersey
$3.8M -$26.1K -312 -0.7%
BCM
39
Beck Capital Management
Texas
$3.63M -$31.2K -373 -0.8%
NEPWA
40
New England Private Wealth Advisors
Massachusetts
$3.15M +$45.8K +548 +1%
PAG
41
Private Advisor Group
New Jersey
$3.12M -$368K -4,402 -10%
CWM
42
Castle Wealth Management
Florida
$3.08M +$363K +4,345 +13%
Baird Financial Group
43
Baird Financial Group
Wisconsin
$3.07M -$893K -10,685 -22%
OC
44
Oppenheimer & Co
New York
$2.88M -$622K -7,442 -17%
WWM
45
WT Wealth Management
Arizona
$2.75M +$2.88M +34,496 New
SPIA
46
Steward Partners Investment Advisory
New York
$2.57M +$319K +3,813 +13%
RAM
47
Riggs Asset Management
Pennsylvania
$2.49M -$35.9K -430 -1%
CFGS
48
Concourse Financial Group Securities
Alabama
$2.48M +$2.53M +30,298 +3,904%
CFD
49
Creative Financial Designs
Indiana
$2.45M +$246K +2,944 +11%
PSF
50
Pacific Sun Financial
California
$2.32M -$68.7K -822 -3%
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PPA Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q3 2023, worth a combined $965M — down 0.99% from $975M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PPA positions and 19 closed out — a net gain of 11 holders — while 87 added to existing stakes and 70 trimmed.

The largest buyer was Bank of America, adding an estimated $40M. The largest seller was Activest Wealth Management, exiting entirely with an estimated $32.2M sold.

  • 240 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q3 2023, up from 233 in Q2 2023.
  • Funds reported $965M of Invesco Aerospace & Defense ETF stock for Q3 2023, down 0.99% quarter-over-quarter.
  • 30 funds opened new Invesco Aerospace & Defense ETF positions in Q3 2023 and 19 closed out, a net change of +11 holders.
  • The largest Invesco Aerospace & Defense ETF buyer in Q3 2023 was Bank of America, an estimated $40M added.
  • The largest Invesco Aerospace & Defense ETF seller in Q3 2023 was Activest Wealth Management, an estimated $32.2M sold.

Based on aggregated 13F filings for Q3 2023.