Invesco Aerospace & Defense ETF
PPA
323 hedge funds and large institutions have $1.58B invested in Invesco Aerospace & Defense ETF in 2024 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 121 increasing their positions, 72 reducing their positions, and 24 closing their positions.
179% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 24
68% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 72
13% more funds holding
Funds holding: 285 → 323 (+38)
3% more capital invested
Capital invested by funds: $1.53B → $1.58B (+$53.3M)
6.83% less ownership
Funds ownership: 56.9% → 50.07% (-6.8%)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
68% less call options, than puts
Call options by funds: $115M | Put options by funds: $356M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$23.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$19.7M |
| 3 |
LPL Financial
San Diego,
California
|
+$14.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.28M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$6.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$130M |
| 2 |
PS
Portfolio Strategies
Monsey,
New York
|
-$30.3M |
| 3 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$19M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$8.01M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.12M |
PPA Hedge Fund Activity: Q1 2024 in Review
323 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q1 2024, worth a combined $1.58B — up 3.5% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PPA positions and 24 closed out — a net gain of 43 holders — while 121 added to existing stakes and 72 trimmed.
The largest buyer was Bank of America, adding an estimated $23.4M. The largest seller was Morgan Stanley, cutting an estimated $130M.
- 323 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q1 2024, up from 285 in Q4 2023.
- Funds reported $1.58B of Invesco Aerospace & Defense ETF stock for Q1 2024, up 3.5% quarter-over-quarter.
- 67 funds opened new Invesco Aerospace & Defense ETF positions in Q1 2024 and 24 closed out, a net change of +43 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q1 2024 was Bank of America, an estimated $23.4M added.
- The largest Invesco Aerospace & Defense ETF seller in Q1 2024 was Morgan Stanley, an estimated $130M sold.
Based on aggregated 13F filings for Q1 2024.