Invesco S&P 500 Equal Weight Materials ETF
RSPM
56 hedge funds and large institutions have $116M invested in Invesco S&P 500 Equal Weight Materials ETF in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 16 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
7% less funds holding
Funds holding: 60 → 56 (-4)
10% less capital invested
Capital invested by funds: $128M → $116M (-$12.7M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
71.45% less ownership
Funds ownership: 308.56% → 237.11% (-71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHJ
Sharkey, Howes & Javer
Denver,
Colorado
|
+$10.2M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$9.57M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.94M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.9M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$39.7M |
| 2 |
KFGK
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
|
-$4.04M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$3.97M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.9M |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$1.97M |
RSPM Hedge Fund Activity: Q1 2018 in Review
56 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Materials ETF (RSPM) for Q1 2018, worth a combined $116M — down 9.9% from $128M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RSPM and 13 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 26 added.
The largest buyer was Sharkey, Howes & Javer, opening a new position worth an estimated $10.2M. The largest seller was Wilbanks Smith & Thomas Asset Management, cutting an estimated $39.7M.
- 56 institutional investors held Invesco S&P 500 Equal Weight Materials ETF (RSPM) as of Q1 2018, down from 60 in Q4 2017.
- Funds reported $116M of Invesco S&P 500 Equal Weight Materials ETF stock for Q1 2018, down 9.9% quarter-over-quarter.
- 13 funds opened new Invesco S&P 500 Equal Weight Materials ETF positions in Q1 2018 and 16 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Equal Weight Materials ETF buyer in Q1 2018 was Sharkey, Howes & Javer, an estimated $10.2M added.
- The largest Invesco S&P 500 Equal Weight Materials ETF seller in Q1 2018 was Wilbanks Smith & Thomas Asset Management, an estimated $39.7M sold.
Based on aggregated 13F filings for Q1 2018.