Invesco S&P 500 Quality ETF
SPHQ
360 hedge funds and large institutions have $3.2B invested in Invesco S&P 500 Quality ETF in 2023 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 125 increasing their positions, 102 reducing their positions, and 30 closing their positions.
77% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 30
42% more capital invested
Capital invested by funds: $2.26B → $3.2B (+$946M)
23% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 102
20% more funds holding in top 10
Funds holding in top 10: 20 → 24 (+4)
7.58% more ownership
Funds ownership: 62.94% → 70.52% (+7.6%)
5% more funds holding
Funds holding: 343 → 360 (+17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCAS
First Command Advisory Services
Fort Worth,
Texas
|
+$588M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$96.4M |
| 3 |
PI
PFS Investments
Duluth,
Georgia
|
+$61.2M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$45.4M |
| 5 |
LPL Financial
San Diego,
California
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$118M |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$82.4M |
| 3 |
CPA
Capital Planning Advisors
Roseville,
California
|
-$13.9M |
| 4 |
AWS
AJ Wealth Strategies
New York
|
-$11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.07M |
SPHQ Hedge Fund Activity: Q1 2023 in Review
360 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Quality ETF (SPHQ) for Q1 2023, worth a combined $3.2B — up 42% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SPHQ positions and 30 closed out — a net gain of 23 holders — while 125 added to existing stakes and 102 trimmed.
The largest buyer was First Command Advisory Services, opening a new position worth an estimated $588M. The largest seller was Merit Financial Group, cutting an estimated $118M.
- 360 institutional investors held Invesco S&P 500 Quality ETF (SPHQ) as of Q1 2023, up from 343 in Q4 2022.
- Funds reported $3.2B of Invesco S&P 500 Quality ETF stock for Q1 2023, up 42% quarter-over-quarter.
- 53 funds opened new Invesco S&P 500 Quality ETF positions in Q1 2023 and 30 closed out, a net change of +23 holders.
- The largest Invesco S&P 500 Quality ETF buyer in Q1 2023 was First Command Advisory Services, an estimated $588M added.
- The largest Invesco S&P 500 Quality ETF seller in Q1 2023 was Merit Financial Group, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2023.