Invesco S&P 500 GARP ETF
SPGP
48 hedge funds and large institutions have $60.1M invested in Invesco S&P 500 GARP ETF in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 26 reducing their positions, and 13 closing their positions.
2.45% more ownership
Funds ownership: 31.19% → 33.64% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $65.2M → $60.1M (-$5.02M)
14% less funds holding
Funds holding: 56 → 48 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
62% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
+$1.31M |
| 2 |
SWAG
Spectrum Wealth Advisory Group
Granite Bay,
California
|
+$955K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$829K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$756K |
| 5 |
WMG
WESCAP Management Group
Glendale,
California
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.9M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$3.25M |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$2.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$767K | -13,960 | Closed |
|
|
WBC
52
West Branch Capital
Amherst,
Massachusetts
| – | -$354K | -6,437 | Closed |
|
|
SS
53
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$267K | -4,865 | Closed |
|
|
CAN
54
Cetera Advisor Networks
El Segundo,
California
| – | -$265K | -4,830 | Closed |
|
55
MML Investors Services
Springfield,
Massachusetts
| – | -$212K | -3,860 | Closed |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$53K | -973 | Closed |
|
|
APA
57
American Portfolios Advisors
Holbrook,
New York
| – | -$45.6K | -829 | Closed |
|
|
VFA
58
Valeo Financial Advisors
Carmel,
Indiana
| – | -$17K | -309 | Closed |
|
|
PAG
59
Private Advisor Group
Morristown,
New Jersey
| – | -$12K | -225 | Closed |
|
|
PWP
60
Principle Wealth Partners
Madison,
Connecticut
| – | -$8K | -150 | Closed |
|
|
OPS
61
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$1K | -27 | Closed |
|
SPGP Hedge Fund Activity: Q3 2020 in Review
48 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q3 2020, worth a combined $60.1M — down 7.7% from $65.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SPGP and 5 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 10 added.
The largest buyer was Wealth Enhancement & Preservation of GA, adding an estimated $1.31M. The largest seller was Royal Bank of Canada, cutting an estimated $3.9M.
- 48 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q3 2020, down from 56 in Q2 2020.
- Funds reported $60.1M of Invesco S&P 500 GARP ETF stock for Q3 2020, down 7.7% quarter-over-quarter.
- 5 funds opened new Invesco S&P 500 GARP ETF positions in Q3 2020 and 13 closed out, a net change of -8 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q3 2020 was Wealth Enhancement & Preservation of GA, an estimated $1.31M added.
- The largest Invesco S&P 500 GARP ETF seller in Q3 2020 was Royal Bank of Canada, an estimated $3.9M sold.
Based on aggregated 13F filings for Q3 2020.