Invesco S&P 500 Momentum ETF
SPMO
59 hedge funds and large institutions have $118M invested in Invesco S&P 500 Momentum ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 27 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
7% more funds holding
Funds holding: 55 → 59 (+4)
0.98% less ownership
Funds ownership: 60.67% → 59.68% (-0.98%)
2% less capital invested
Capital invested by funds: $121M → $118M (-$2.79M)
41% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 27
Top Buyers
Top Sellers
| 1 |
T
TCWP
Beachwood,
Ohio
|
-$5.27M |
| 2 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$1.51M |
| 3 |
TC
Trilogy Capital
Irvine,
California
|
-$1.15M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.06M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$634K |
SPMO Hedge Fund Activity: Q3 2023 in Review
59 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Momentum ETF (SPMO) for Q3 2023, worth a combined $118M — down 2.3% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SPMO positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 27 trimmed.
The largest buyer was Piedmont Capital Management (Montana), opening a new position worth an estimated $7.59M. The largest seller was TCWP, exiting entirely with an estimated $5.27M sold.
- 59 institutional investors held Invesco S&P 500 Momentum ETF (SPMO) as of Q3 2023, up from 55 in Q2 2023.
- Funds reported $118M of Invesco S&P 500 Momentum ETF stock for Q3 2023, down 2.3% quarter-over-quarter.
- 8 funds opened new Invesco S&P 500 Momentum ETF positions in Q3 2023 and 4 closed out, a net change of +4 holders.
- The largest Invesco S&P 500 Momentum ETF buyer in Q3 2023 was Piedmont Capital Management (Montana), an estimated $7.59M added.
- The largest Invesco S&P 500 Momentum ETF seller in Q3 2023 was TCWP, an estimated $5.27M sold.
Based on aggregated 13F filings for Q3 2023.