Invesco S&P 500 Momentum ETF
SPMO
55 hedge funds and large institutions have $121M invested in Invesco S&P 500 Momentum ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 26 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 55 → 55 (0)
6.21% less ownership
Funds ownership: 66.87% → 60.67% (-6.2%)
17% less capital invested
Capital invested by funds: $145M → $121M (-$24.4M)
46% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | -$291K | -5,279 | -96% |
|
|
PA
52
PSI Advisors
Tampa,
Florida
| $9.84K | +$55 | +1 | +0.6% |
|
|
SIS
53
Sound Income Strategies
Ft Lauderdale,
Florida
| $1.51K | – | – | – |
|
54
JP Morgan Chase
New York
| $559 | -$29K | -526 | -98% |
|
55
Wells Fargo
San Francisco,
California
| $54 | +$55 | +1 | New |
|
|
MOS
56
MGO One Seven
Beachwood,
Ohio
| – | -$4.95M | -90,843 | Closed |
|
|
TAM
57
Titleist Asset Management
San Antonio,
Texas
| – | -$4.07M | -74,664 | Closed |
|
|
EH
58
Equitable Holdings
New York
| – | -$244K | -4,481 | Closed |
|
|
LTL
59
Lowery Thomas LLC
Pebble Beach,
California
| – | -$226K | -4,143 | Closed |
|
|
JWCA
60
J.W. Cole Advisors
Tampa,
Florida
| – | -$212K | -3,880 | Closed |
|
|
AWM
61
Accel Wealth Management
Waverly,
Iowa
| – | -$25.4K | -465 | Closed |
|
SPMO Hedge Fund Activity: Q2 2023 in Review
55 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Momentum ETF (SPMO) for Q2 2023, worth a combined $121M — down 17% from $145M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPMO positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 26 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $888K. The largest seller was Intelligence Driven Advisers, cutting an estimated $5M.
- 55 institutional investors held Invesco S&P 500 Momentum ETF (SPMO) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $121M of Invesco S&P 500 Momentum ETF stock for Q2 2023, down 17% quarter-over-quarter.
- 7 funds opened new Invesco S&P 500 Momentum ETF positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest Invesco S&P 500 Momentum ETF buyer in Q2 2023 was Cambridge Investment Research Advisors, an estimated $888K added.
- The largest Invesco S&P 500 Momentum ETF seller in Q2 2023 was Intelligence Driven Advisers, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2023.