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Invesco S&P 500 GARP ETF

204 hedge funds and large institutions have $1.9B invested in Invesco S&P 500 GARP ETF in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 87 increasing their positions, 31 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

230% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 20

181% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 31

47% more capital invested

Capital invested by funds: $1.29B → $1.9B (+$606M)

28% more funds holding

Funds holding: 159204 (+45)

2.77% more ownership

Funds ownership: 68.91%71.68% (+2.8%)

7% less funds holding in top 10

Funds holding in top 10: 1413 (-1)

25% less call options, than puts

Call options by funds: $51K | Put options by funds: $68K

Holders
204
Holders Change
+45
Holders Change %
+28.3%
% of All Funds
3.25%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.21%
New
66
Increased
87
Reduced
31
Closed
20
Calls
$51K
Puts
$68K
Net Calls
-$17K
Net Calls Change
-$17K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$307M +$49.8M +575,597 +19%
Fifth Third Bancorp
2
Fifth Third Bancorp
Ohio
$185M +$127M +1,462,460 +206%
LPL Financial
3
LPL Financial
California
$139M +$45.8M +529,509 +48%
Thrivent Financial for Lutherans
4
Thrivent Financial for Lutherans
Minnesota
$121M +$30M +346,187 +32%
RPGK
5
Retirement Planning Group (Kansas)
Kansas
$98.5M +$6.85M +79,191 +7%
SVCP
6
Silicon Valley Capital Partners
California
$84.3M +$1.73M +19,956 +2%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$67.6M +$9.36M +108,172 +16%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$62.4M +$35M +404,139 +124%
Bank of America
9
Bank of America
North Carolina
$61.5M +$17.2M +198,784 +38%
GI
10
Gradient Investments
Minnesota
$56.9M +$1.07M +12,381 +2%
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$47.1M +$34.5M +398,897 +260%
Osaic Holdings
12
Osaic Holdings
Arizona
$35.7M +$9.6M +110,936 +36%
UBS Group
13
UBS Group
Switzerland
$24.1M -$4.79M -55,375 -16%
SL
14
Systelligence LLC
Minnesota
$24M +$672K +7,763 +3%
ES
15
Eagle Strategies
New York
$21.1M +$12.7M +146,410 +146%
JP Morgan Chase
16
JP Morgan Chase
New York
$18.5M +$8.12M +93,864 +76%
KAS
17
Kestra Advisory Services
Texas
$18.5M +$927K +10,715 +5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$17.2M +$6.05M +69,864 +53%
FFM
19
Fullerton Fund Management
Singapore
$16.6M +$16.8M +194,400 New
AC
20
Avestar Capital
New York
$16.4M -$172K -1,989 -1%
Stifel Financial
21
Stifel Financial
Missouri
$16.3M +$15.1M +174,420 +1,046%
Ameriprise
22
Ameriprise
Minnesota
$16.3M -$504K -5,821 -3%
AAS
23
Avantax Advisory Services
Texas
$14.6M +$804K +9,286 +6%
RJA
24
Raymond James & Associates
Florida
$13.5M +$5.49M +63,392 +67%
MML Investors Services
25
MML Investors Services
Massachusetts
$12.6M +$11.7M +135,388 +1,061%

SPGP Hedge Fund Activity: Q1 2023 in Review

204 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q1 2023, worth a combined $1.9B — up 47% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new SPGP positions and 20 closed out — a net gain of 46 holders — while 87 added to existing stakes and 31 trimmed.

The largest buyer was Fifth Third Bancorp, adding an estimated $127M. The largest seller was Jane Street, exiting entirely with an estimated $9.1M sold.

  • 204 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q1 2023, up from 159 in Q4 2022.
  • Funds reported $1.9B of Invesco S&P 500 GARP ETF stock for Q1 2023, up 47% quarter-over-quarter.
  • 66 funds opened new Invesco S&P 500 GARP ETF positions in Q1 2023 and 20 closed out, a net change of +46 holders.
  • The largest Invesco S&P 500 GARP ETF buyer in Q1 2023 was Fifth Third Bancorp, an estimated $127M added.
  • The largest Invesco S&P 500 GARP ETF seller in Q1 2023 was Jane Street, an estimated $9.1M sold.

Based on aggregated 13F filings for Q1 2023.