Invesco S&P 500 Equal Weight Materials ETF
RSPM
41 hedge funds and large institutions have $55.1M invested in Invesco S&P 500 Equal Weight Materials ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 7 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
14% more capital invested
Capital invested by funds: $48.6M → $55.1M (+$6.56M)
5.46% more ownership
Funds ownership: 198.59% → 204.04% (+5.5%)
13% less funds holding
Funds holding: 47 → 41 (-6)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$11M |
| 2 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$1.84M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.06M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$799K |
| 5 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$4.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.32M |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$1.44M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$361K |
RSPM Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q3 2017, worth a combined $55.1M — up 14% from $48.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of RSPM and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 19 added.
The largest buyer was Wilbanks Smith & Thomas Asset Management, opening a new position worth an estimated $11M. The largest seller was Jane Street, exiting entirely with an estimated $4.83M sold.
- 41 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q3 2017, down from 47 in Q2 2017.
- Funds reported $55.1M of Invesco S&P 500 Equal Weight Materials ETF stock for Q3 2017, up 14% quarter-over-quarter.
- 3 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q3 2017 and 7 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q3 2017 was Wilbanks Smith & Thomas Asset Management, an estimated $11M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q3 2017 was Jane Street, an estimated $4.83M sold.
Based on aggregated 13F filings for Q3 2017.