Invesco Aerospace & Defense ETF
PPA
123 hedge funds and large institutions have $319M invested in Invesco Aerospace & Defense ETF in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 15 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
10% more capital invested
Capital invested by funds: $290M → $319M (+$29.7M)
3% more funds holding
Funds holding: 120 → 123 (+3)
0.14% less ownership
Funds ownership: 30.37% → 30.23% (-0.14%)
40% less call options, than puts
Call options by funds: $304K | Put options by funds: $509K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$3.99M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$1.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.25M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$1.19M |
| 5 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.98M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2.84M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.61M |
| 5 |
Jane Street
New York
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UFF
126
USA Financial Formulas
Ada,
Michigan
| – | -$777K | -13,685 | Closed |
|
|
CF
127
Centaurus Financial
Anaheim,
California
| – | -$330K | -6,012 | Closed |
|
128
Rockefeller Capital Management
New York
| – | -$91K | -1,650 | Closed |
|
|
AA
129
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$55K | -1,000 | Closed |
|
130
SEI Investments
Oaks,
Pennsylvania
| – | -$20K | -356 | Closed |
|
|
AP
131
Advisors Preferred
Rockville,
Maryland
| – | -$14K | -252 | Closed |
|
|
CPA
132
Clear Perspective Advisors
Aurora,
Illinois
| – | -$8K | -140 | Closed |
|
|
FFC
133
First Financial Corp
Terre Haute,
Indiana
| – | -$5K | -88 | Closed |
|
|
BWL
134
Bogart Wealth LLC
Mclean,
Virginia
| – | -$4K | -83 | Closed |
|
|
DWM
135
Destination Wealth Management
Walnut Creek,
California
| – | -$1K | -10 | Closed |
|
PPA Hedge Fund Activity: Q3 2018 in Review
123 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q3 2018, worth a combined $319M — up 10% from $290M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PPA positions and 15 closed out — a net gain of 4 holders — while 44 added to existing stakes and 27 trimmed.
The largest buyer was Sowell Financial Services, opening a new position worth an estimated $3.99M. The largest seller was Morgan Stanley, cutting an estimated $2.98M.
- 123 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q3 2018, up from 120 in Q2 2018.
- Funds reported $319M of Invesco Aerospace & Defense ETF stock for Q3 2018, up 10% quarter-over-quarter.
- 19 funds opened new Invesco Aerospace & Defense ETF positions in Q3 2018 and 15 closed out, a net change of +4 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q3 2018 was Sowell Financial Services, an estimated $3.99M added.
- The largest Invesco Aerospace & Defense ETF seller in Q3 2018 was Morgan Stanley, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2018.