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Invesco S&P 500 GARP ETF

287 hedge funds and large institutions have $3.62B 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.

New
Increased
Maintained
Reduced
Closed

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

46% more capital invested

Capital invested by funds: $2.48B → $3.62B (+$1.14B)

39% more funds holding in top 10

Funds holding in top 10: 1825 (+7)

15% more funds holding

Funds holding: 249287 (+38)

10.86% more ownership

Funds ownership: 71.98%82.84% (+11%)

60% less call options, than puts

Call options by funds: $157K | Put options by funds: $392K

Holders
287
Holders Change
+38
Holders Change %
+15.26%
% of All Funds
4.18%
Holding in Top 10
25
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+38.89%
% of All Funds
0.36%
New
57
Increased
147
Reduced
55
Closed
17
Calls
$157K
Puts
$392K
Net Calls
-$235K
Net Calls Change
+$385K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$998M +$480M +5,192,981 +104%
LPL Financial
2
LPL Financial
California
$326M +$60.9M +658,235 +25%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$191M +$59.4M +643,044 +49%
Bank of America
4
Bank of America
North Carolina
$149M +$3.45M +37,312 +3%
RPGK
5
Retirement Planning Group (Kansas)
Kansas
$120M +$2.13M +23,041 +2%
Fifth Third Bancorp
6
Fifth Third Bancorp
Ohio
$119M +$10.9M +117,633 +11%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$114M +$14.1M +151,991 +15%
SVCP
8
Silicon Valley Capital Partners
California
$86.2M -$915K -9,899 -1%
Thrivent Financial for Lutherans
9
Thrivent Financial for Lutherans
Minnesota
$85M +$124K +1,339 +0.2%
Northwestern Mutual Wealth Management
10
Northwestern Mutual Wealth Management
Wisconsin
$55M +$21.6M +233,420 +71%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$54.6M +$11.7M +126,052 +29%
MML Investors Services
12
MML Investors Services
Massachusetts
$51.8M +$24.3M +262,957 +99%
Wells Fargo
13
Wells Fargo
California
$51.3M +$25.3M +273,734 +109%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$49.8M +$15.1M +163,245 +47%
Osaic Holdings
15
Osaic Holdings
Arizona
$48.6M -$16.9M -182,882 -27%
KAS
16
Kestra Advisory Services
Texas
$46.5M +$15.5M +167,194 +54%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$43.1M +$1.4M +15,098 +4%
JP Morgan Chase
18
JP Morgan Chase
New York
$39.2M +$5.74M +62,038 +18%
Ameriprise
19
Ameriprise
Minnesota
$38M +$17M +183,747 +90%
UBS Group
20
UBS Group
Switzerland
$35.6M +$1.79M +19,391 +6%
RJA
21
Raymond James & Associates
Florida
$29.2M +$11.9M +129,162 +77%
ES
22
Eagle Strategies
New York
$23.2M -$140K -1,518 -0.6%
AWM
23
Affinity Wealth Management
Delaware
$22.8M +$4.13M +44,637 +24%
DOA
24
D'Orazio & Associates
Virginia
$21.3M +$11M +119,312 +121%
AAS
25
Avantax Advisory Services
Texas
$21M +$2.07M +22,429 +12%

SPGP Hedge Fund Activity: Q4 2023 in Review

287 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 GARP ETF (SPGP) for Q4 2023, worth a combined $3.62B — up 46% 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 Morgan Stanley, adding an estimated $480M. 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 $3.62B of Invesco S&P 500 GARP ETF stock for Q4 2023, up 46% 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 Morgan Stanley, an estimated $480M 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.