Invesco S&P 500 GARP ETF
SPGP
287 hedge funds and large institutions have $3.12B invested in Invesco S&P 500 GARP ETF in 2023 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 147 increasing their positions, 55 reducing their positions, and 17 closing their positions.
235% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 17
167% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 55
39% more funds holding in top 10
Funds holding in top 10: 18 → 25 (+7)
26% more capital invested
Capital invested by funds: $2.48B → $3.12B (+$641M)
15% more funds holding
Funds holding: 249 → 287 (+38)
0.56% less ownership
Funds ownership: 71.98% → 71.41% (-0.56%)
60% less call options, than puts
Call options by funds: $157K | Put options by funds: $392K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$60.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$59.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$25.3M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$24.3M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$16.9M |
| 2 |
LC
Legacy CG
Plano,
Texas
|
-$12.8M |
| 3 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$12.4M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$8.97M |
| 5 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$4.91M |
SPGP Hedge Fund Activity: Q4 2023 in Review
287 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q4 2023, worth a combined $3.12B — up 26% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new SPGP positions and 17 closed out — a net gain of 40 holders — while 147 added to existing stakes and 55 trimmed.
The largest buyer was LPL Financial, adding an estimated $60.9M. The largest seller was Osaic Holdings, cutting an estimated $16.9M.
- 287 institutional investors held Invesco S&P 500 GARP ETF (SPGP) as of Q4 2023, up from 249 in Q3 2023.
- Funds reported $3.12B of Invesco S&P 500 GARP ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 57 funds opened new Invesco S&P 500 GARP ETF positions in Q4 2023 and 17 closed out, a net change of +40 holders.
- The largest Invesco S&P 500 GARP ETF buyer in Q4 2023 was LPL Financial, an estimated $60.9M added.
- The largest Invesco S&P 500 GARP ETF seller in Q4 2023 was Osaic Holdings, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2023.