Invesco S&P 500 GARP ETF
SPGP
10 hedge funds and large institutions have $91.3M invested in Invesco S&P 500 GARP ETF in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
4% more capital invested
Capital invested by funds: $88.1M → $91.3M (+$3.25M)
1.39% less ownership
Funds ownership: 88.21% → 86.83% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$946K |
| 2 |
LPL Financial
San Diego,
California
|
+$389K |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$190K |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$39.3K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$6.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$315K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$165K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Invesco
Atlanta,
Georgia
| $85.5M | – | – | – |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $1.8M | +$6.97K | +245 | +0.4% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $1.24M | -$315K | -11,058 | -21% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $971K | +$946K | +33,243 | New |
|
|
5
LPL Financial
San Diego,
California
| $623K | +$389K | +13,688 | +180% |
|
|
WBG
6
Wharton Business Group
Malvern,
Pennsylvania
| $570K | +$190K | +6,670 | +52% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $255K | -$165K | -5,793 | -40% |
|
8
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $226K | – | – | – |
|
|
BBHC
9
Brown Brothers Harriman & Co
New York
| $40K | +$39.3K | +1,380 | New |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $37K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$2K | -60 | Closed |
|
SPGP Hedge Fund Activity: Q1 2014 in Review
10 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q1 2014, worth a combined $91.3M — up 3.7% from $88.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SPGP positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $946K. The largest seller was Bank of America, cutting an estimated $315K.
- 10 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $91.3M of Invesco S&P 500 GARP ETF stock for Q1 2014, up 3.7% quarter-over-quarter.
- 2 funds opened new Invesco S&P 500 GARP ETF positions in Q1 2014 and 1 closed out, a net change of +1 holder.
- The largest Invesco S&P 500 GARP ETF buyer in Q1 2014 was Royal Bank of Canada, an estimated $946K added.
- The largest Invesco S&P 500 GARP ETF seller in Q1 2014 was Bank of America, an estimated $315K sold.
Based on aggregated 13F filings for Q1 2014.