Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
27 hedge funds and large institutions have $103M invested in Invesco S&P 500 Equal Weight Communication Services ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 4 closing their positions.
272% more capital invested
Capital invested by funds: $27.5M → $103M (+$75M)
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
191.02% more ownership
Funds ownership: 78.04% → 269.06% (+191%)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more funds holding
Funds holding: 24 → 27 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$71.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$568K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$474K |
| 4 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$447K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.54M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$1.38M |
| 3 |
CSPAM
Cary Street Partners Asset Management
Richmond,
Virginia
|
-$50.3K |
| 4 |
GWMI
Guardian Wealth Management (Illinois)
Peoria,
Illinois
|
-$44.9K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$35K |
RSPC Hedge Fund Activity: Q1 2023 in Review
27 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) for Q1 2023, worth a combined $103M — up 272% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RSPC positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Phoenix Financial, opening a new position worth an estimated $71.5M. The largest seller was Freedom Investment Management, cutting an estimated $1.54M.
- 27 institutional investors held Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) as of Q1 2023, up from 24 in Q4 2022.
- Funds reported $103M of Invesco S&P 500 Equal Weight Communication Services ETF stock for Q1 2023, up 272% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 Equal Weight Communication Services ETF positions in Q1 2023 and 4 closed out, a net change of +3 holders.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF buyer in Q1 2023 was Phoenix Financial, an estimated $71.5M added.
- The largest Invesco S&P 500 Equal Weight Communication Services ETF seller in Q1 2023 was Freedom Investment Management, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2023.