Invesco S&P 500 Equal Weight Utilities ETF
RSPU
103 hedge funds and large institutions have $207M invested in Invesco S&P 500 Equal Weight Utilities ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 44 reducing their positions, and 18 closing their positions.
19.97% more ownership
Funds ownership: 111% → 130.97% (+20%)
6% less funds holding
Funds holding: 110 → 103 (-7)
11% less capital invested
Capital invested by funds: $233M → $207M (-$26.2M)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
34% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$51.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.99M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.97M |
| 5 |
Morgan Stanley
New York
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.49M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.16M |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$3.96M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$2.55M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.25M |
RSPU Hedge Fund Activity: Q1 2023 in Review
103 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Equal Weight Utilities ETF (RSPU) for Q1 2023, worth a combined $207M — down 11% from $233M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RSPU and 15 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 29 added.
The largest buyer was Money Concepts Capital, adding an estimated $51.7M. The largest seller was Wells Fargo, cutting an estimated $9.49M.
- 103 institutional investors held Invesco S&P 500 Equal Weight Utilities ETF (RSPU) as of Q1 2023, down from 110 in Q4 2022.
- Funds reported $207M of Invesco S&P 500 Equal Weight Utilities ETF stock for Q1 2023, down 11% quarter-over-quarter.
- 15 funds opened new Invesco S&P 500 Equal Weight Utilities ETF positions in Q1 2023 and 18 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 Equal Weight Utilities ETF buyer in Q1 2023 was Money Concepts Capital, an estimated $51.7M added.
- The largest Invesco S&P 500 Equal Weight Utilities ETF seller in Q1 2023 was Wells Fargo, an estimated $9.49M sold.
Based on aggregated 13F filings for Q1 2023.