Invesco Aerospace & Defense ETF
41 hedge funds and large institutions have $109M invested in Invesco Aerospace & Defense ETF in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 7 closing their positions.
2.79% more ownership
Funds ownership: 44.55% → 47.34% (+2.8%)
5% less funds holding
Funds holding: 43 → 41 (-2)
6% less capital invested
Capital invested by funds: $116M → $109M (-$6.9M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$9.51M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$871K |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$794K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$716K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.88M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.69M |
| 3 |
KCM
Karp Capital Management
Sausalito,
California
|
-$1.69M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.26M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.11M |
PPA Hedge Fund Activity: Q3 2015 in Review
41 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q3 2015, worth a combined $109M — down 6% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PPA and 5 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $9.51M. The largest seller was Morgan Stanley, cutting an estimated $3.88M.
- 41 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q3 2015, down from 43 in Q2 2015.
- Funds reported $109M of Invesco Aerospace & Defense ETF stock for Q3 2015, down 6% quarter-over-quarter.
- 5 funds opened new Invesco Aerospace & Defense ETF positions in Q3 2015 and 7 closed out, a net change of -2 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q3 2015 was Lazard Asset Management, an estimated $9.51M added.
- The largest Invesco Aerospace & Defense ETF seller in Q3 2015 was Morgan Stanley, an estimated $3.88M sold.
Based on aggregated 13F filings for Q3 2015.