Invesco S&P 500 GARP ETF
SPGP
249 hedge funds and large institutions have $2.48B invested in Invesco S&P 500 GARP ETF in 2023 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 128 increasing their positions, 52 reducing their positions, and 13 closing their positions.
285% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 13
146% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 52
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
15% more capital invested
Capital invested by funds: $2.16B → $2.48B (+$318M)
14% more funds holding
Funds holding: 219 → 249 (+30)
1.39% less ownership
Funds ownership: 73.37% → 71.98% (-1.4%)
91% less call options, than puts
Call options by funds: $64K | Put options by funds: $684K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$83.1M |
| 2 |
Morgan Stanley
New York
|
+$77.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$39.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$28.6M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$113M |
| 2 |
PG
Prostatis Group
Hanover,
Maryland
|
-$91.6M |
| 3 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$74.3M |
| 4 |
SVCP
Silicon Valley Capital Partners
San Jose,
California
|
-$11.2M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$5.2M |
SPGP Hedge Fund Activity: Q3 2023 in Review
249 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q3 2023, worth a combined $2.48B — up 15% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SPGP positions and 13 closed out — a net gain of 37 holders — while 128 added to existing stakes and 52 trimmed.
The largest buyer was LPL Financial, adding an estimated $83.1M. The largest seller was Fifth Third Bancorp, cutting an estimated $113M.
- 249 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q3 2023, up from 219 in Q2 2023.
- Funds reported $2.48B of Invesco S&P 500 GARP ETF stock for Q3 2023, up 15% quarter-over-quarter.
- 50 funds opened new Invesco S&P 500 GARP ETF positions in Q3 2023 and 13 closed out, a net change of +37 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q3 2023 was LPL Financial, an estimated $83.1M added.
- The largest Invesco S&P 500 GARP ETF seller in Q3 2023 was Fifth Third Bancorp, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2023.