Invesco S&P 500 Equal Weight Materials ETF
RSPM
85 hedge funds and large institutions have $138M invested in Invesco S&P 500 Equal Weight Materials ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 14 closing their positions.
8% less funds holding
Funds holding: 92 → 85 (-7)
9% less capital invested
Capital invested by funds: $152M → $138M (-$14.3M)
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
196.08% less ownership
Funds ownership: 243.76% → 47.68% (-196%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$589K |
| 2 |
Goldman Sachs
New York
|
+$453K |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$437K |
| 4 |
OPPS
Obsidian Personal Planning Solutions
Rockville,
Maryland
|
+$391K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$2.05M |
| 2 |
OAM
Oppenheimer Asset Management
New York
|
-$1.65M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.46M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
RSPM Hedge Fund Activity: Q3 2023 in Review
85 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q3 2023, worth a combined $138M — down 9.4% from $152M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RSPM and 8 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 26 added.
The largest buyer was Stephens Inc, opening a new position worth an estimated $589K. The largest seller was JP Morgan Private Wealth Advisors, cutting an estimated $2.05M.
- 85 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q3 2023, down from 92 in Q2 2023.
- Funds reported $138M of Invesco S&P 500 Equal Weight Materials ETF stock for Q3 2023, down 9.4% quarter-over-quarter.
- 8 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q3 2023 and 14 closed out, a net change of -6 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q3 2023 was Stephens Inc, an estimated $589K added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q3 2023 was JP Morgan Private Wealth Advisors, an estimated $2.05M sold.
Based on aggregated 13F filings for Q3 2023.