Invesco S&P 500 High Beta ETF
SPHB
51 hedge funds and large institutions have $79.6M invested in Invesco S&P 500 High Beta ETF in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 9 closing their positions.
6% less funds holding
Funds holding: 54 → 51 (-3)
30.42% less ownership
Funds ownership: 78.93% → 48.52% (-30%)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
44% less capital invested
Capital invested by funds: $141M → $79.6M (-$61.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.77M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.92M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.42M |
| 5 |
AFNAS
American Financial Network Advisory Services
Calabasas,
California
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$41.2M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$12.7M |
| 3 |
RIM
Rampart Investment Management
Hartford,
Connecticut
|
-$8.75M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.64M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIM
51
Rampart Investment Management
Hartford,
Connecticut
| – | -$8.75M | -203,536 | Closed |
|
|
AI
52
Atria Investments
Charlotte,
North Carolina
| – | -$1.71M | -39,814 | Closed |
|
|
BFG
53
Barber Financial Group
Lenexa,
Kansas
| – | -$1.21M | -28,063 | Closed |
|
|
CC
54
Chanos & Company
New York
| – | -$899K | -20,911 | Closed |
|
|
FAT
55
First American Trust
Santa Ana,
California
| – | -$692K | -16,091 | Closed |
|
|
FF
56
Friedenthal Financial
Marlton,
New Jersey
| – | -$549K | -12,776 | Closed |
|
|
AWA
57
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$41K | -938 | Closed |
|
58
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -100 | Closed |
|
SPHB Hedge Fund Activity: Q3 2018 in Review
51 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Beta ETF (SPHB) for Q3 2018, worth a combined $79.6M — down 44% from $141M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPHB and 6 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 13 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $8.89M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $41.2M.
- 51 institutional investors held Invesco S&P 500 High Beta ETF (SPHB) as of Q3 2018, down from 54 in Q2 2018.
- Funds reported $79.6M of Invesco S&P 500 High Beta ETF stock for Q3 2018, down 44% quarter-over-quarter.
- 6 funds opened new Invesco S&P 500 High Beta ETF positions in Q3 2018 and 9 closed out, a net change of -3 holders.
- The largest Invesco S&P 500 High Beta ETF buyer in Q3 2018 was Goldman Sachs, an estimated $8.89M added.
- The largest Invesco S&P 500 High Beta ETF seller in Q3 2018 was Ladenburg Thalmann Financial Services, an estimated $41.2M sold.
Based on aggregated 13F filings for Q3 2018.