Invesco Aerospace & Defense ETF
49 hedge funds and large institutions have $120M invested in Invesco Aerospace & Defense ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 9 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
4% less funds holding
Funds holding: 51 → 49 (-2)
11.28% less ownership
Funds ownership: 52.33% → 41.04% (-11%)
22% less capital invested
Capital invested by funds: $153M → $120M (-$33.3M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$1.92M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.69M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$1.14M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$752K |
| 5 |
Jane Street
New York
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
-$13.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.2M |
| 3 |
Morgan Stanley
New York
|
-$4.01M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.65M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$3.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACM
51
Avalon Capital Management
Port Of Redwood City,
California
| – | -$2.05M | -57,444 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.15M | -32,228 | Closed |
|
|
FAAS
53
First Allied Advisory Services
San Diego,
California
| – | -$945K | -26,663 | Closed |
|
|
AP
54
Advisors Preferred
Rockville,
Maryland
| – | -$21K | -582 | Closed |
|
|
FWM
55
Focused Wealth Management
Newburgh,
New York
| – | -$7K | -200 | Closed |
|
|
AIA
56
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$5K | -152 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -68 | Closed |
|
PPA Hedge Fund Activity: Q1 2016 in Review
49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q1 2016, worth a combined $120M — down 22% from $153M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PPA and 7 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 19 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $1.92M. The largest seller was Sandler Capital Management, exiting entirely with an estimated $13.2M sold.
- 49 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $120M of Invesco Aerospace & Defense ETF stock for Q1 2016, down 22% quarter-over-quarter.
- 7 funds opened new Invesco Aerospace & Defense ETF positions in Q1 2016 and 9 closed out, a net change of -2 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q1 2016 was SG Americas Securities, an estimated $1.92M added.
- The largest Invesco Aerospace & Defense ETF seller in Q1 2016 was Sandler Capital Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2016.