Invesco S&P SmallCap 600 Pure Value ETF
RZV
60 hedge funds and large institutions have $122M invested in Invesco S&P SmallCap 600 Pure Value ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 18 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
7.24% less ownership
Funds ownership: 58.15% → 50.91% (-7.2%)
20% less funds holding
Funds holding: 75 → 60 (-15)
33% less capital invested
Capital invested by funds: $182M → $122M (-$59.8M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
78% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$1.43M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$1.15M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.15M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$911K |
| 5 |
Two Sigma Investments
New York
|
+$302K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MJP Associates
Farmington,
Connecticut
|
-$22M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$7.25M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.24M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$4.77M |
| 5 |
AO
Advisor OS
Chicago,
Illinois
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
76
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$9.07K | -100 | Closed |
|
|
BA
77
Bristlecone Advisors
Bellevue,
Washington
| – | -$9.07K | -100 | Closed |
|
78
JP Morgan Chase
New York
| – | -$1K | -9 | Closed |
|
RZV Hedge Fund Activity: Q2 2023 in Review
60 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap 600 Pure Value ETF (RZV) for Q2 2023, worth a combined $122M — down 33% from $182M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RZV and 4 opened new positions — a net loss of 14 holders — while 22 trimmed existing stakes and 23 added.
The largest buyer was Merit Financial Group, adding an estimated $1.43M. The largest seller was MJP Associates, cutting an estimated $22M.
- 60 institutional investors held Invesco S&P SmallCap 600 Pure Value ETF (RZV) as of Q2 2023, down from 75 in Q1 2023.
- Funds reported $122M of Invesco S&P SmallCap 600 Pure Value ETF stock for Q2 2023, down 33% quarter-over-quarter.
- 4 funds opened new Invesco S&P SmallCap 600 Pure Value ETF positions in Q2 2023 and 18 closed out, a net change of -14 holders.
- The largest Invesco S&P SmallCap 600 Pure Value ETF buyer in Q2 2023 was Merit Financial Group, an estimated $1.43M added.
- The largest Invesco S&P SmallCap 600 Pure Value ETF seller in Q2 2023 was MJP Associates, an estimated $22M sold.
Based on aggregated 13F filings for Q2 2023.