Invesco Aerospace & Defense ETF
431 hedge funds and large institutions have $3.15B invested in Invesco Aerospace & Defense ETF in 2025 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 169 increasing their positions, 111 reducing their positions, and 33 closing their positions.
126% more capital inflows, than outflows
Capital inflows: $175M | Capital outflows: $77.4M
106% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 33
52% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 111
7% more funds holding
Funds holding: 402 → 431 (+29)
8% less call options, than puts
Call options by funds: $50.9M | Put options by funds: $55.3M
1.04% less ownership
Funds ownership: 55.04% → 54% (-1%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$19M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$18.8M |
| 3 |
Morgan Stanley
New York
|
+$17.8M |
| 4 |
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$9.12M |
| 5 |
Quaker Wealth Management
Moorestown,
New Jersey
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$22.2M |
| 2 |
Penserra Capital Management
Orinda,
California
|
-$3.82M |
| 3 |
Summit Trail Advisors
New York
|
-$3.7M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$3.51M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.94M |
PPA Hedge Fund Activity: Q2 2025 in Review
431 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q2 2025, worth a combined $3.15B — up 25% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PPA positions and 33 closed out — a net gain of 35 holders — while 169 added to existing stakes and 111 trimmed.
The largest buyer was LPL Financial, adding an estimated $19M. The largest seller was Bank of America, cutting an estimated $22.2M.
- 431 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q2 2025, up from 402 in Q1 2025.
- Funds reported $3.15B of Invesco Aerospace & Defense ETF stock for Q2 2025, up 25% quarter-over-quarter.
- 68 funds opened new Invesco Aerospace & Defense ETF positions in Q2 2025 and 33 closed out, a net change of +35 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q2 2025 was LPL Financial, an estimated $19M added.
- The largest Invesco Aerospace & Defense ETF seller in Q2 2025 was Bank of America, an estimated $22.2M sold.
Based on aggregated 13F filings for Q2 2025.