Invesco S&P 500 GARP ETF
SPGP
219 hedge funds and large institutions have $2.16B invested in Invesco S&P 500 GARP ETF in 2023 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 113 increasing their positions, 48 reducing their positions, and 22 closing their positions.
135% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 48
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
14% more capital invested
Capital invested by funds: $1.9B → $2.16B (+$263M)
7% more funds holding
Funds holding: 204 → 219 (+15)
1.69% more ownership
Funds ownership: 71.68% → 73.37% (+1.7%)
74% less call options, than puts
Call options by funds: $290K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Prostatis Group
Hanover,
Maryland
|
+$84.9M |
| 2 |
Morgan Stanley
New York
|
+$48.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$29M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.4M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$61M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$27.7M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$24M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$21.9M |
| 5 |
FFM
Fullerton Fund Management
Singapore
|
-$16.6M |
SPGP Hedge Fund Activity: Q2 2023 in Review
219 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q2 2023, worth a combined $2.16B — up 14% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SPGP positions and 22 closed out — a net gain of 16 holders — while 113 added to existing stakes and 48 trimmed.
The largest buyer was Prostatis Group, adding an estimated $84.9M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $61M.
- 219 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q2 2023, up from 204 in Q1 2023.
- Funds reported $2.16B of Invesco S&P 500 GARP ETF stock for Q2 2023, up 14% quarter-over-quarter.
- 38 funds opened new Invesco S&P 500 GARP ETF positions in Q2 2023 and 22 closed out, a net change of +16 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q2 2023 was Prostatis Group, an estimated $84.9M added.
- The largest Invesco S&P 500 GARP ETF seller in Q2 2023 was Thrivent Financial for Lutherans, an estimated $61M sold.
Based on aggregated 13F filings for Q2 2023.