Invesco S&P 500 Momentum ETF
SPMO
55 hedge funds and large institutions have $145M invested in Invesco S&P 500 Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 15 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
13% more capital invested
Capital invested by funds: $128M → $145M (+$16.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.59% less ownership
Funds ownership: 68.46% → 66.87% (-1.6%)
10% less funds holding
Funds holding: 61 → 55 (-6)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.21M |
| 2 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$4.98M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.52M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.98M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAS
LWM Advisory Services
Plantation,
Florida
|
-$3.7M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
-$2.53M |
| 3 |
DA
Detalus Advisors
St. Louis,
Missouri
|
-$2.29M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$1.63M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.19M |
SPMO Hedge Fund Activity: Q1 2023 in Review
55 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Momentum ETF (SPMO) for Q1 2023, worth a combined $145M — up 13% from $128M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SPMO and 11 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 21 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $7.21M. The largest seller was LWM Advisory Services, exiting entirely with an estimated $3.7M sold.
- 55 institutional investors held Invesco S&P 500 Momentum ETF (SPMO) as of Q1 2023, down from 61 in Q4 2022.
- Funds reported $145M of Invesco S&P 500 Momentum ETF stock for Q1 2023, up 13% quarter-over-quarter.
- 11 funds opened new Invesco S&P 500 Momentum ETF positions in Q1 2023 and 15 closed out, a net change of -4 holders.
- The largest Invesco S&P 500 Momentum ETF buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $7.21M added.
- The largest Invesco S&P 500 Momentum ETF seller in Q1 2023 was LWM Advisory Services, an estimated $3.7M sold.
Based on aggregated 13F filings for Q1 2023.