Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
12 hedge funds and large institutions have $10.2M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 8 closing their positions.
10.28% less ownership
Funds ownership: 73.66% → 63.39% (-10%)
20% less funds holding
Funds holding: 15 → 12 (-3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
58% less capital invested
Capital invested by funds: $24.2M → $10.2M (-$13.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.69M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.28M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$597K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$311K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$8.93M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.27M |
| 3 |
Jane Street
New York
|
-$436K |
| 4 |
ISWM
Independent Solutions Wealth Management
Williamsville,
New York
|
-$416K |
| 5 |
PG
Prostatis Group
Hanover,
Maryland
|
-$402K |
RSPC Hedge Fund Activity: Q1 2020 in Review
12 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q1 2020, worth a combined $10.2M — down 58% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RSPC and 5 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $3.69M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $8.93M sold.
- 12 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q1 2020, down from 15 in Q4 2019.
- Funds reported $10.2M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q1 2020, down 58% quarter-over-quarter.
- 5 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q1 2020 and 8 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q1 2020 was LPL Financial, an estimated $3.69M added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q1 2020 was FormulaFolio Investments, an estimated $8.93M sold.
Based on aggregated 13F filings for Q1 2020.