Invesco S&P 500 Quality ETF
SPHQ
122 hedge funds and large institutions have $623M invested in Invesco S&P 500 Quality ETF in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
5% more funds holding
Funds holding: 116 → 122 (+6)
2% less capital invested
Capital invested by funds: $635M → $623M (-$11.9M)
2.28% less ownership
Funds ownership: 47.75% → 45.47% (-2.3%)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$8.41M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.45M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$1.6M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.29M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$31.8M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.58M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.37M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$5.12M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
126
Two Sigma Securities
New York
| – | -$202K | -6,733 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$169K | -5,642 | Closed |
|
|
LF
128
Lee Financial
Dallas,
Texas
| – | -$64K | -2,126 | Closed |
|
129
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$61K | -2,045 | Closed |
|
130
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$33K | -1,083 | Closed |
|
|
WC
131
Whitney & Co
Rochester,
New York
| – | -$31K | -1,029 | Closed |
|
132
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$12K | -400 | Closed |
|
|
CPA
133
Clear Perspective Advisors
Aurora,
Illinois
| – | -$2K | -53 | Closed |
|
SPHQ Hedge Fund Activity: Q3 2018 in Review
122 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Quality ETF (SPHQ) for Q3 2018, worth a combined $623M — down 1.9% from $635M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SPHQ positions and 12 closed out — a net gain of 6 holders — while 36 added to existing stakes and 42 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, opening a new position worth an estimated $8.41M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $31.8M sold.
- 122 institutional investors held Invesco S&P 500 Quality ETF (SPHQ) as of Q3 2018, up from 116 in Q2 2018.
- Funds reported $623M of Invesco S&P 500 Quality ETF stock for Q3 2018, down 1.9% quarter-over-quarter.
- 18 funds opened new Invesco S&P 500 Quality ETF positions in Q3 2018 and 12 closed out, a net change of +6 holders.
- The largest Invesco S&P 500 Quality ETF buyer in Q3 2018 was Ladenburg Thalmann Financial Services, an estimated $8.41M added.
- The largest Invesco S&P 500 Quality ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $31.8M sold.
Based on aggregated 13F filings for Q3 2018.