Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
29 hedge funds and large institutions have $63.5M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 7 closing their positions.
58% more capital invested
Capital invested by funds: $40.3M → $63.5M (+$23.3M)
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
13.9% more ownership
Funds ownership: 75.67% → 89.57% (+14%)
6% less funds holding
Funds holding: 31 → 29 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.4M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$6.29M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.14M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
-$2.94M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$1.05M |
| 3 |
Goldman Sachs
New York
|
-$696K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$621K |
| 5 |
Lido Advisors
Los Angeles,
California
|
-$400K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGAM
26
Financial Gravity Asset Management
Lakeway,
Texas
| $3.68K | +$1.84K | +67 | +100% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $3.49K | – | – | – |
|
|
MA
28
MCF Advisors
Covington,
Kentucky
| $3.25K | – | – | – |
|
|
CHA
29
Carmichael Hill & Associates
Gaithersburg,
Maryland
| $2.76K | +$2.58K | +94 | New |
|
30
Wells Fargo
San Francisco,
California
| $12 | -$27 | -1 | Closed |
|
|
31
Goldman Sachs
New York
| – | -$696K | -26,152 | Closed |
|
|
FTUS
32
Flow Traders U.S.
New York
| – | -$621K | -23,308 | Closed |
|
|
CWA
33
CM Wealth Advisors
Beachwood,
Ohio
| – | -$2.94M | -20,342 | Closed |
|
|
BCV
34
Banque Cantonale Vaudoise
Lausanne,
Switzerland
| – | -$253K | -9,501 | Closed |
|
|
CSPIA
35
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$26.4K | -990 | Closed |
|
|
NA
36
NewEdge Advisors
New Orleans,
Louisiana
| – | -$25.8K | -967 | Closed |
|
RSPC Hedge Fund Activity: Q4 2023 in Review
29 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q4 2023, worth a combined $63.5M — up 58% from $40.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RSPC and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $6.4M. The largest seller was CM Wealth Advisors, exiting entirely with an estimated $2.94M sold.
- 29 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q4 2023, down from 31 in Q3 2023.
- Funds reported $63.5M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q4 2023, up 58% quarter-over-quarter.
- 5 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q4 2023 and 7 closed out, a net change of -2 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q4 2023 was Envestnet Asset Management, an estimated $6.4M added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q4 2023 was CM Wealth Advisors, an estimated $2.94M sold.
Based on aggregated 13F filings for Q4 2023.