Invesco S&P SmallCap 600 Pure Value ETF
RZV
75 hedge funds and large institutions have $182M invested in Invesco S&P SmallCap 600 Pure Value ETF in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
111% more call options, than puts
Call options by funds: $154K | Put options by funds: $73K
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more capital invested
Capital invested by funds: $159M → $182M (+$23.5M)
14% more funds holding
Funds holding: 66 → 75 (+9)
0.09% less ownership
Funds ownership: 58.23% → 58.15% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$7.67M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.4M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$5.05M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.56M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$17.2M |
| 2 |
FSA
Financial Services Advisory
Rockville,
Maryland
|
-$2.35M |
| 3 |
MA
MJP Associates
Farmington,
Connecticut
|
-$702K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$516K |
| 5 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
-$317K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FSA
76
Financial Services Advisory
Rockville,
Maryland
| – | -$2.35M | -26,590 | Closed |
|
|
BCM
77
Brookstone Capital Management
Wheaton,
Illinois
| – | -$516K | -5,585 | Closed |
|
78
Rockefeller Capital Management
New York
| – | -$17K | -200 | Closed |
|
RZV Hedge Fund Activity: Q1 2023 in Review
75 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap 600 Pure Value ETF (RZV) for Q1 2023, worth a combined $182M — up 15% from $159M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RZV positions and 3 closed out — a net gain of 11 holders — while 31 added to existing stakes and 17 trimmed.
The largest buyer was Gladstone Institutional Advisory, opening a new position worth an estimated $7.67M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $17.2M.
- 75 institutional investors held Invesco S&P SmallCap 600 Pure Value ETF (RZV) as of Q1 2023, up from 66 in Q4 2022.
- Funds reported $182M of Invesco S&P SmallCap 600 Pure Value ETF stock for Q1 2023, up 15% quarter-over-quarter.
- 14 funds opened new Invesco S&P SmallCap 600 Pure Value ETF positions in Q1 2023 and 3 closed out, a net change of +11 holders.
- The largest Invesco S&P SmallCap 600 Pure Value ETF buyer in Q1 2023 was Gladstone Institutional Advisory, an estimated $7.67M added.
- The largest Invesco S&P SmallCap 600 Pure Value ETF seller in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2023.