Invesco S&P SmallCap Health Care ETF
PSCH
83 hedge funds and large institutions have $63.2M invested in Invesco S&P SmallCap Health Care ETF in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 30 reducing their positions, and 15 closing their positions.
10% less funds holding
Funds holding: 92 → 83 (-9)
14.2% less ownership
Funds ownership: 80.84% → 66.64% (-14%)
25% less capital invested
Capital invested by funds: $84.9M → $63.2M (-$21.6M)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
57% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$4.63M |
| 2 |
LPL Financial
San Diego,
California
|
+$961K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$659K |
| 4 |
Jane Street
New York
|
+$419K |
| 5 |
AWS
Atria Wealth Solutions
New York
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$12.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.94M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.13M |
| 4 |
Morgan Stanley
New York
|
-$739K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$692K |
PSCH Hedge Fund Activity: Q1 2023 in Review
83 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap Health Care ETF (PSCH) for Q1 2023, worth a combined $63.2M — down 25% from $84.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PSCH and 8 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 13 added.
The largest buyer was WBI Investments, adding an estimated $4.63M. The largest seller was Gradient Investments, cutting an estimated $12.7M.
- 83 institutional investors held Invesco S&P SmallCap Health Care ETF (PSCH) as of Q1 2023, down from 92 in Q4 2022.
- Funds reported $63.2M of Invesco S&P SmallCap Health Care ETF stock for Q1 2023, down 25% quarter-over-quarter.
- 8 funds opened new Invesco S&P SmallCap Health Care ETF positions in Q1 2023 and 15 closed out, a net change of -7 holders.
- The largest Invesco S&P SmallCap Health Care ETF buyer in Q1 2023 was WBI Investments, an estimated $4.63M added.
- The largest Invesco S&P SmallCap Health Care ETF seller in Q1 2023 was Gradient Investments, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2023.