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Invesco S&P 500 Pure Value ETF

120 hedge funds and large institutions have $479M invested in Invesco S&P 500 Pure Value ETF in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 35

7% more capital invested

Capital invested by funds: $447M → $479M (+$31.8M)

1% less funds holding

Funds holding: 121120 (-1)

6% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 17

2.08% less ownership

Funds ownership: 54.68%52.6% (-2.1%)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
120
Holders Change
-1
Holders Change %
-0.83%
% of All Funds
2.6%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.13%
New
16
Increased
48
Reduced
35
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$47.8M +$4.08M +65,022 +9%
ACM
2
Armbruster Capital Management
New York
$36.8M +$780K +12,426 +2%
UBS Group
3
UBS Group
Switzerland
$36M +$2.06M +32,865 +6%
RJA
4
Raymond James & Associates
Florida
$28.7M +$696K +11,092 +2%
CCM
5
Condor Capital Management
New Jersey
$26.2M +$332K +5,297 +1%
Bank of America
6
Bank of America
North Carolina
$24.5M -$15.2M -242,243 -38%
HighTower Advisors
7
HighTower Advisors
Illinois
$18.3M +$6.98M +111,180 +62%
LPL Financial
8
LPL Financial
California
$16.9M +$1.44M +22,977 +9%
Goldman Sachs
9
Goldman Sachs
New York
$14.2M +$12.6M +200,139 +820%
SWM
10
Shakespeare Wealth Management
Wisconsin
$13.2M +$392K +6,252 +3%
PAIM
11
Punch & Associates Investment Management
Minnesota
$13.1M +$312K +4,980 +2%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$12.6M +$183K +2,911 +1%
PAS
13
Park Avenue Securities
New York
$11.8M +$14.9K +237 +0.1%
QI
14
QS Investors
New York
$11.4M -$397K -6,334 -3%
FAG
15
Financial Advisory Group
Texas
$10.9M +$902K +14,378 +9%
FANJ
16
Financial Architects (New Jersey)
New Jersey
$10.7M -$299K -4,761 -3%
HR
17
Howe & Rusling
New York
$10.4M +$10.4M +165,151 New
BCI
18
Brinker Capital Investments
Pennsylvania
$9.7M -$198K -3,152 -2%
FCA
19
FinTrust Capital Advisors
South Carolina
$9.21M +$761K +12,136 +9%
Wells Fargo
20
Wells Fargo
California
$8.48M +$3.82M +60,923 +83%
SIAS
21
Shine Investment Advisory Services
Colorado
$8.14M +$197K +3,145 +2%
Ameriprise
22
Ameriprise
Minnesota
$7.43M +$1.3M +20,673 +21%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$5.57M -$120K -1,920 -2%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$5.46M -$5.36M -85,487 -50%
WDL
25
Well Done LLC
Michigan
$4.89M +$964K +15,358 +25%

RPV Hedge Fund Activity: Q1 2019 in Review

120 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Pure Value ETF (RPV) for Q1 2019, worth a combined $479M — up 7.1% from $447M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of RPV and 16 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 48 added.

The largest buyer was Goldman Sachs, adding an estimated $12.6M. The largest seller was Bank of America, cutting an estimated $15.2M.

  • 120 institutional investors held Invesco S&P 500 Pure Value ETF (RPV) as of Q1 2019, down from 121 in Q4 2018.
  • Funds reported $479M of Invesco S&P 500 Pure Value ETF stock for Q1 2019, up 7.1% quarter-over-quarter.
  • 16 funds opened new Invesco S&P 500 Pure Value ETF positions in Q1 2019 and 17 closed out, a net change of -1 holder.
  • The largest Invesco S&P 500 Pure Value ETF buyer in Q1 2019 was Goldman Sachs, an estimated $12.6M added.
  • The largest Invesco S&P 500 Pure Value ETF seller in Q1 2019 was Bank of America, an estimated $15.2M sold.

Based on aggregated 13F filings for Q1 2019.