Invesco Aerospace & Defense ETF
427 hedge funds and large institutions have $3.13B invested in Invesco Aerospace & Defense ETF in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 167 increasing their positions, 110 reducing their positions, and 32 closing their positions.
109% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 32
52% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 110
25% more capital invested
Capital invested by funds: $2.5B → $3.13B (+$629M)
7% more funds holding
Funds holding: 398 → 427 (+29)
0.3% more ownership
Funds ownership: 54.8% → 55.1% (+0.3%)
8% less call options, than puts
Call options by funds: $50.9M | Put options by funds: $55.3M
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-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 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$9.12M |
| 5 |
QWM
Quaker Wealth Management
Moorestown,
New Jersey
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$22.2M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.83M |
| 3 |
STA
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
427 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q2 2025, worth a combined $3.13B — up 25% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PPA positions and 32 closed out — a net gain of 35 holders — while 167 added to existing stakes and 110 trimmed.
The largest buyer was LPL Financial, adding an estimated $19M. The largest seller was Bank of America, cutting an estimated $22.2M.
- 427 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q2 2025, up from 398 in Q1 2025.
- Funds reported $3.13B of Invesco Aerospace & Defense ETF stock for Q2 2025, up 25% quarter-over-quarter.
- 67 funds opened new Invesco Aerospace & Defense ETF positions in Q2 2025 and 32 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.