Invesco S&P 500 GARP ETF
SPGP
57 hedge funds and large institutions have $96.7M invested in Invesco S&P 500 GARP ETF in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 19 closing their positions.
10% less funds holding
Funds holding: 63 → 57 (-6)
14.09% less ownership
Funds ownership: 56.05% → 41.96% (-14%)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
64% less capital invested
Capital invested by funds: $269M → $96.7M (-$172M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
+$6M |
| 2 |
WMG
WESCAP Management Group
Glendale,
California
|
+$4.75M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.9M |
| 5 |
CWM
Cedar Wealth Management
Walnut Creek,
California
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$54.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$39.7M |
| 3 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$16.9M |
| 4 |
Morgan Stanley
New York
|
-$6.95M |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$5.61M |
SPGP Hedge Fund Activity: Q1 2020 in Review
57 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q1 2020, worth a combined $96.7M — down 64% from $269M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SPGP and 15 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 15 added.
The largest buyer was Wealth Enhancement & Preservation of GA, opening a new position worth an estimated $6M. The largest seller was Mainstay Capital Management, exiting entirely with an estimated $54.6M sold.
- 57 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q1 2020, down from 63 in Q4 2019.
- Funds reported $96.7M of Invesco S&P 500 GARP ETF stock for Q1 2020, down 64% quarter-over-quarter.
- 15 funds opened new Invesco S&P 500 GARP ETF positions in Q1 2020 and 19 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q1 2020 was Wealth Enhancement & Preservation of GA, an estimated $6M added.
- The largest Invesco S&P 500 GARP ETF seller in Q1 2020 was Mainstay Capital Management, an estimated $54.6M sold.
Based on aggregated 13F filings for Q1 2020.