Invesco S&P 500 GARP ETF
SPGP
63 hedge funds and large institutions have $269M invested in Invesco S&P 500 GARP ETF in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 3 closing their positions.
1,937% more capital inflows, than outflows
Capital inflows: $114M | Capital outflows: $5.61M
633% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 3
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
43% more funds holding
Funds holding: 44 → 63 (+19)
41.2% more ownership
Funds ownership: 55.62% → 96.82% (+41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$51.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.52M |
| 3 |
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$7.09M |
| 4 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$5.32M |
| 5 |
Morgan Stanley
New York
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.64M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$503K |
| 4 |
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$407K |
| 5 |
Nomura Asset Management
Tokyo,
Japan
|
-$198K |
SPGP Hedge Fund Activity: Q4 2019 in Review
63 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q4 2019, worth a combined $269M — up 95% from $138M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SPGP positions and 3 closed out — a net gain of 19 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $51.9M. The largest seller was Barometer Capital Management, cutting an estimated $2.07M.
- 63 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q4 2019, up from 44 in Q3 2019.
- Funds reported $269M of Invesco S&P 500 GARP ETF stock for Q4 2019, up 95% quarter-over-quarter.
- 22 funds opened new Invesco S&P 500 GARP ETF positions in Q4 2019 and 3 closed out, a net change of +19 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q4 2019 was Mainstay Capital Management, an estimated $51.9M added.
- The largest Invesco S&P 500 GARP ETF seller in Q4 2019 was Barometer Capital Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2019.