Invesco Aerospace & Defense ETF
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$40M |
| 2 |
CAAS
Capital Asset Advisory Services
Williamston,
Michigan
|
+$14.5M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$13.2M |
| 4 |
VWM
Valley Wealth Managers
Paramus,
New Jersey
|
+$6.2M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Activest Wealth Management
Aventure,
Florida
|
-$32.2M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$8.7M |
| 3 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$2.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.79M |
| 5 |
NFG
Norris Financial Group
Greenville,
South Carolina
|
-$1.38M |
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.