Invesco S&P 500 Equal Weight Materials ETF
RSPM
44 hedge funds and large institutions have $69.8M invested in Invesco S&P 500 Equal Weight Materials ETF in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 10 closing their positions.
71.42% more ownership
Funds ownership: 160.78% → 232.2% (+71%)
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
7% more funds holding
Funds holding: 41 → 44 (+3)
29% less capital invested
Capital invested by funds: $98.5M → $69.8M (-$28.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$23.5M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$3.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.71M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.67M |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$1.54M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.3M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.23M |
| 4 |
Jane Street
New York
|
-$1.2M |
| 5 |
Goldman Sachs
New York
|
-$631K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$9K | -500 | Closed |
|
|
CWM
52
Concert Wealth Management
San Jose,
California
| – | -$9K | -500 | Closed |
|
|
BWA
53
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$2K | -250 | Closed |
|
RSPM Hedge Fund Activity: Q4 2016 in Review
44 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q4 2016, worth a combined $69.8M — down 29% from $98.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RSPM positions and 10 closed out — a net gain of 4 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Wilbanks Smith & Thomas Asset Management, opening a new position worth an estimated $23.5M. The largest seller was SG Americas Securities, cutting an estimated $1.54M.
- 44 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q4 2016, up from 41 in Q3 2016.
- Funds reported $69.8M of Invesco S&P 500 Equal Weight Materials ETF stock for Q4 2016, down 29% quarter-over-quarter.
- 14 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q4 2016 and 10 closed out, a net change of +4 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q4 2016 was Wilbanks Smith & Thomas Asset Management, an estimated $23.5M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q4 2016 was SG Americas Securities, an estimated $1.54M sold.
Based on aggregated 13F filings for Q4 2016.