Invesco Aerospace & Defense ETF
571 hedge funds and large institutions have $4.13B invested in Invesco Aerospace & Defense ETF in 2026 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 238 increasing their positions, 114 reducing their positions, and 34 closing their positions.
191% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 34
109% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 114
11% more funds holding
Funds holding: 516 → 571 (+55)
10% more capital invested
Capital invested by funds: $3.74B → $4.13B (+$384M)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
1.94% less ownership
Funds ownership: 54.62% → 52.68% (-1.9%)
60% less call options, than puts
Call options by funds: $307M | Put options by funds: $763M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$41.6M |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$27.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.3M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$15.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$52.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$51.8M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$12.9M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$12.2M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$10.1M |
PPA Hedge Fund Activity: Q1 2026 in Review
571 of the 8,129 institutional investors tracked by Wall St. Rank reported a position in Invesco Aerospace & Defense ETF (PPA) for Q1 2026, worth a combined $4.13B — up 10% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new PPA positions and 34 closed out — a net gain of 65 holders — while 238 added to existing stakes and 114 trimmed.
The largest buyer was LPL Financial, adding an estimated $41.6M. The largest seller was Axxcess Wealth Management, exiting entirely with an estimated $52.9M sold.
- 571 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q1 2026, up from 516 in Q4 2025.
- Funds reported $4.13B of Invesco Aerospace & Defense ETF stock for Q1 2026, up 10% quarter-over-quarter.
- 99 funds opened new Invesco Aerospace & Defense ETF positions in Q1 2026 and 34 closed out, a net change of +65 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q1 2026 was LPL Financial, an estimated $41.6M added.
- The largest Invesco Aerospace & Defense ETF seller in Q1 2026 was Axxcess Wealth Management, an estimated $52.9M sold.
Based on aggregated 13F filings for Q1 2026.