Invesco Aerospace & Defense ETF
577 hedge funds and large institutions have $4.51B invested in Invesco Aerospace & Defense ETF in 2026 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 230 increasing their positions, 160 reducing their positions, and 46 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 160
26% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 46
9% more capital invested
Capital invested by funds: $4.13B → $4.51B (+$385M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
1.39% more ownership
Funds ownership: 52.68% → 54.07% (+1.4%)
1% more funds holding
Funds holding: 571 → 577 (+6)
16% less call options, than puts
Call options by funds: $133M | Put options by funds: $158M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$59.7M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$57.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$13.7M |
| 5 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$46.3M |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$25.9M |
| 3 |
AFAS
Acorn Financial Advisory Services
Reston,
Virginia
|
-$13.4M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$12M |
| 5 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
-$11.9M |
PPA Hedge Fund Activity: Q2 2026 in Review
577 institutional investors reported a position in Invesco Aerospace & Defense ETF (PPA) for Q2 2026, worth a combined $4.51B — up 9.3% from $4.13B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new PPA positions and 46 closed out — a net gain of 12 holders — while 230 added to existing stakes and 160 trimmed.
The largest buyer was Bank of America, adding an estimated $59.7M. The largest seller was Miracle Mile Advisors, cutting an estimated $46.3M.
- 577 institutional investors held Invesco Aerospace & Defense ETF (PPA) as of Q2 2026, up from 571 in Q1 2026.
- Funds reported $4.51B of Invesco Aerospace & Defense ETF stock for Q2 2026, up 9.3% quarter-over-quarter.
- 58 funds opened new Invesco Aerospace & Defense ETF positions in Q2 2026 and 46 closed out, a net change of +12 holders.
- The largest Invesco Aerospace & Defense ETF buyer in Q2 2026 was Bank of America, an estimated $59.7M added.
- The largest Invesco Aerospace & Defense ETF seller in Q2 2026 was Miracle Mile Advisors, an estimated $46.3M sold.
Based on aggregated 13F filings for Q2 2026.