Invesco S&P 500 GARP ETF
SPGP
204 hedge funds and large institutions have $1.93B 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.
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
49% more capital invested
Capital invested by funds: $1.29B → $1.93B (+$635M)
28% more funds holding
Funds holding: 159 → 204 (+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: 14 → 13 (-1)
25% less call options, than puts
Call options by funds: $51K | Put options by funds: $68K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$127M |
| 2 |
Morgan Stanley
New York
|
+$49.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$45.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$35M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.79M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.91M |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$2.78M |
| 5 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$2.67M |
SPGP Hedge Fund Activity: Q1 2023 in Review
204 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q1 2023, worth a combined $1.93B — up 49% 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 $1.93B of Invesco S&P 500 GARP ETF stock for Q1 2023, up 49% 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.