Invesco S&P 500 Quality ETF
SPHQ
143 hedge funds and large institutions have $679M invested in Invesco S&P 500 Quality ETF in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 14 closing their positions.
150% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 14
17% more funds holding
Funds holding: 122 → 143 (+21)
10.83% more ownership
Funds ownership: 45.47% → 56.3% (+11%)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
9% more capital invested
Capital invested by funds: $623M → $679M (+$56.2M)
12% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMC
Paragon Capital Management (Colorado)
Denver,
Colorado
|
+$36.9M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$30.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$15.9M |
| 5 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
-$4.49M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.91M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.36M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$3.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IP
151
Intellectus Partners
San Francisco,
California
| – | -$39K | -1,188 | Closed |
|
|
SWP
152
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$39K | -1,177 | Closed |
|
|
SPIA
153
Steward Partners Investment Advisory
New York
| – | -$25K | -774 | Closed |
|
|
TPWA
154
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$18K | -550 | Closed |
|
|
BWM
155
Baystate Wealth Management
Boston,
Massachusetts
| – | -$9K | -302 | Closed |
|
156
Parallax Volatility Advisers
San Francisco,
California
| – | -$902 | -30 | -91% |
|
|
EWM
157
Executive Wealth Management
Brighton,
Michigan
| – | +$361 | +12 | New |
|
SPHQ Hedge Fund Activity: Q4 2018 in Review
143 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Quality ETF (SPHQ) for Q4 2018, worth a combined $679M — up 9% from $623M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SPHQ positions and 14 closed out — a net gain of 21 holders — while 38 added to existing stakes and 43 trimmed.
The largest buyer was Paragon Capital Management (Colorado), opening a new position worth an estimated $36.9M. The largest seller was Crestwood Advisors Group, cutting an estimated $4.49M.
- 143 institutional investors held Invesco S&P 500 Quality ETF (SPHQ) as of Q4 2018, up from 122 in Q3 2018.
- Funds reported $679M of Invesco S&P 500 Quality ETF stock for Q4 2018, up 9% quarter-over-quarter.
- 35 funds opened new Invesco S&P 500 Quality ETF positions in Q4 2018 and 14 closed out, a net change of +21 holders.
- The largest Invesco S&P 500 Quality ETF buyer in Q4 2018 was Paragon Capital Management (Colorado), an estimated $36.9M added.
- The largest Invesco S&P 500 Quality ETF seller in Q4 2018 was Crestwood Advisors Group, an estimated $4.49M sold.
Based on aggregated 13F filings for Q4 2018.