Invesco S&P 500 High Beta ETF
SPHB
55 hedge funds and large institutions have $373M invested in Invesco S&P 500 High Beta ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 27 reducing their positions, and 19 closing their positions.
5% less capital invested
Capital invested by funds: $391M → $373M (-$18.5M)
7.51% less ownership
Funds ownership: 68.56% → 61.05% (-7.5%)
14% less funds holding
Funds holding: 64 → 55 (-9)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$253M |
| 2 |
Jane Street
New York
|
+$3.74M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.9M |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$2.39M |
| 5 |
Goldman Sachs
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$80.6M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$64.6M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$41.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$20.9M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$20.4M |
SPHB Hedge Fund Activity: Q1 2017 in Review
55 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 High Beta ETF (SPHB) for Q1 2017, worth a combined $373M — down 4.7% from $391M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SPHB and 11 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 11 added.
The largest buyer was Gradient Investments, adding an estimated $253M. The largest seller was Envestnet Asset Management, cutting an estimated $80.6M.
- 55 institutional investors held Invesco S&P 500 High Beta ETF (SPHB) as of Q1 2017, down from 64 in Q4 2016.
- Funds reported $373M of Invesco S&P 500 High Beta ETF stock for Q1 2017, down 4.7% quarter-over-quarter.
- 11 funds opened new Invesco S&P 500 High Beta ETF positions in Q1 2017 and 19 closed out, a net change of -8 holders.
- The largest Invesco S&P 500 High Beta ETF buyer in Q1 2017 was Gradient Investments, an estimated $253M added.
- The largest Invesco S&P 500 High Beta ETF seller in Q1 2017 was Envestnet Asset Management, an estimated $80.6M sold.
Based on aggregated 13F filings for Q1 2017.