Invesco S&P 500 GARP ETF
SPGP
44 hedge funds and large institutions have $138M invested in Invesco S&P 500 GARP ETF in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 9 closing their positions.
1.91% less ownership
Funds ownership: 57.52% → 55.62% (-1.9%)
4% less funds holding
Funds holding: 46 → 44 (-2)
7% less capital invested
Capital invested by funds: $149M → $138M (-$10.5M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$3.15M |
| 2 |
SWAG
Spectrum Wealth Advisory Group
Granite Bay,
California
|
+$2.09M |
| 3 |
Nomura Asset Management
Tokyo,
Japan
|
+$1.44M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.36M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CMC Financial Group
Atlanta,
Georgia
|
-$9.55M |
| 2 |
IWS
Insight Wealth Strategies
San Ramon,
California
|
-$2.47M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.79M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.39M |
| 5 |
Morgan Stanley
New York
|
-$1.23M |
SPGP Hedge Fund Activity: Q3 2019 in Review
44 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q3 2019, worth a combined $138M — down 7.1% from $149M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPGP and 7 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 11 added.
The largest buyer was Barometer Capital Management, opening a new position worth an estimated $3.15M. The largest seller was CMC Financial Group, exiting entirely with an estimated $9.55M sold.
- 44 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q3 2019, down from 46 in Q2 2019.
- Funds reported $138M of Invesco S&P 500 GARP ETF stock for Q3 2019, down 7.1% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 GARP ETF positions in Q3 2019 and 9 closed out, a net change of -2 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q3 2019 was Barometer Capital Management, an estimated $3.15M added.
- The largest Invesco S&P 500 GARP ETF seller in Q3 2019 was CMC Financial Group, an estimated $9.55M sold.
Based on aggregated 13F filings for Q3 2019.