Invesco S&P 500 Equal Weight Financials ETF
RSPF
106 hedge funds and large institutions have $170M invested in Invesco S&P 500 Equal Weight Financials ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 43 reducing their positions, and 15 closing their positions.
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1.28% less ownership
Funds ownership: 52.36% → 51.07% (-1.3%)
2% less funds holding
Funds holding: 108 → 106 (-2)
22% less capital invested
Capital invested by funds: $217M → $170M (-$46.7M)
33% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 43
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$3.84M |
| 2 |
ACG
Allen Capital Group
Grand Island,
Nebraska
|
+$3.43M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.55M |
| 4 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$969K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$952K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Marmo Financial Group
Johnson City,
Tennessee
|
-$13.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.26M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.71M |
| 5 |
Morgan Stanley
New York
|
-$5.02M |
RSPF Hedge Fund Activity: Q1 2023 in Review
106 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Financials ETF (RSPF) for Q1 2023, worth a combined $170M — down 22% from $217M a quarter earlier.
Fund positioning in RSPF was balanced in Q1 2023: 15 funds opened new positions, 15 closed out, 29 added to existing stakes and 43 trimmed.
The largest buyer was PGIM Custom Harvest, adding an estimated $3.84M. The largest seller was Marmo Financial Group, exiting entirely with an estimated $13.7M sold.
- 106 institutional investors held Invesco S&P 500 Equal Weight Financials ETF (RSPF) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $170M of Invesco S&P 500 Equal Weight Financials ETF stock for Q1 2023, down 22% quarter-over-quarter.
- 15 funds opened new Invesco S&P 500 Equal Weight Financials ETF positions in Q1 2023 and 15 closed out, a net change of 0 holders.
- The largest Invesco S&P 500 Equal Weight Financials ETF buyer in Q1 2023 was PGIM Custom Harvest, an estimated $3.84M added.
- The largest Invesco S&P 500 Equal Weight Financials ETF seller in Q1 2023 was Marmo Financial Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2023.