Invesco S&P 500 Equal Weight Financials ETF
RSPF
92 hedge funds and large institutions have $154M invested in Invesco S&P 500 Equal Weight Financials ETF in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
36.9% more ownership
Funds ownership: 0% → 36.9% (+37%)
16% more funds holding
Funds holding: 79 → 92 (+13)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
31% less capital inflows, than outflows
Capital inflows: $23.6M | Capital outflows: $34.1M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$4.1M |
| 2 |
FFWA
FRG Family Wealth Advisors
Bellevue,
Washington
|
+$2.64M |
| 3 |
Morgan Stanley
New York
|
+$1.57M |
| 4 |
Raymond James Trust
St. Petersburg,
Florida
|
+$1.33M |
| 5 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$12.1M |
| 2 |
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$9.81M |
| 3 |
Goldman Sachs
New York
|
-$1.85M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.59M |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$1.54M |
RSPF Hedge Fund Activity: Q2 2018 in Review
92 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Financials ETF (RSPF) for Q2 2018, worth a combined $154M — down 10% from $171M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new RSPF positions and 8 closed out — a net gain of 15 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $4.1M. The largest seller was Tradewinds Capital Management, cutting an estimated $12.1M.
- 92 institutional investors held Invesco S&P 500 Equal Weight Financials ETF (RSPF) as of Q2 2018, up from 79 in Q1 2018.
- Funds reported $154M of Invesco S&P 500 Equal Weight Financials ETF stock for Q2 2018, down 10% quarter-over-quarter.
- 23 funds opened new Invesco S&P 500 Equal Weight Financials ETF positions in Q2 2018 and 8 closed out, a net change of +15 holders.
- The largest Invesco S&P 500 Equal Weight Financials ETF buyer in Q2 2018 was HighTower Advisors, an estimated $4.1M added.
- The largest Invesco S&P 500 Equal Weight Financials ETF seller in Q2 2018 was Tradewinds Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2018.