Invesco S&P 500 GARP ETF
SPGP
326 hedge funds and large institutions have $3.43B invested in Invesco S&P 500 GARP ETF in 2024 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 153 increasing their positions, 83 reducing their positions, and 18 closing their positions.
228% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 18
84% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 83
44% more call options, than puts
Call options by funds: $138K | Put options by funds: $96K
14% more funds holding
Funds holding: 287 → 326 (+39)
0% more funds holding in top 10
Funds holding in top 10: 25 → 25 (0)
5% less capital invested
Capital invested by funds: $3.62B → $3.43B (-$188M)
13.15% less ownership
Funds ownership: 82.84% → 69.69% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$35.9M |
| 2 |
LPL Financial
San Diego,
California
|
+$20M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$14.3M |
| 4 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$14.2M |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$535M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$25.5M |
| 3 |
ES
Eagle Strategies
New York
|
-$21.7M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$20.5M |
| 5 |
SVCP
Silicon Valley Capital Partners
San Jose,
California
|
-$18.7M |
SPGP Hedge Fund Activity: Q1 2024 in Review
326 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q1 2024, worth a combined $3.43B — down 5.2% from $3.62B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new SPGP positions and 18 closed out — a net gain of 41 holders — while 153 added to existing stakes and 83 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $35.9M. The largest seller was Morgan Stanley, cutting an estimated $535M.
- 326 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q1 2024, up from 287 in Q4 2023.
- Funds reported $3.43B of Invesco S&P 500 GARP ETF stock for Q1 2024, down 5.2% quarter-over-quarter.
- 59 funds opened new Invesco S&P 500 GARP ETF positions in Q1 2024 and 18 closed out, a net change of +41 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $35.9M added.
- The largest Invesco S&P 500 GARP ETF seller in Q1 2024 was Morgan Stanley, an estimated $535M sold.
Based on aggregated 13F filings for Q1 2024.