Invesco S&P 500 Momentum ETF
SPMO
188 hedge funds and large institutions have $1.49B invested in Invesco S&P 500 Momentum ETF in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 96 increasing their positions, 24 reducing their positions, and 12 closing their positions.
383% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 12
300% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 24
49% more capital invested
Capital invested by funds: $998M → $1.49B (+$489M)
30% more funds holding
Funds holding: 145 → 188 (+43)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4.51% less ownership
Funds ownership: 82.67% → 78.16% (-4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$118M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$39.6M |
| 3 |
LPL Financial
San Diego,
California
|
+$23.1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$19.2M |
| 5 |
LWM
Liberty Wealth Management
Oakland,
California
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advance Capital Management
Southfield,
Michigan
|
-$35.7M |
| 2 |
TC
Trilogy Capital
Irvine,
California
|
-$4.57M |
| 3 |
Jane Street
New York
|
-$4.38M |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$3.64M |
| 5 |
LWM
Lionsbridge Wealth Management
Jacksonville Beach,
Florida
|
-$2.55M |
SPMO Hedge Fund Activity: Q2 2024 in Review
188 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Momentum ETF (SPMO) for Q2 2024, worth a combined $1.49B — up 49% from $998M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new SPMO positions and 12 closed out — a net gain of 46 holders — while 96 added to existing stakes and 24 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $118M. The largest seller was Advance Capital Management, cutting an estimated $35.7M.
- 188 institutional investors held Invesco S&P 500 Momentum ETF (SPMO) as of Q2 2024, up from 145 in Q1 2024.
- Funds reported $1.49B of Invesco S&P 500 Momentum ETF stock for Q2 2024, up 49% quarter-over-quarter.
- 58 funds opened new Invesco S&P 500 Momentum ETF positions in Q2 2024 and 12 closed out, a net change of +46 holders.
- The largest Invesco S&P 500 Momentum ETF buyer in Q2 2024 was Envestnet Asset Management, an estimated $118M added.
- The largest Invesco S&P 500 Momentum ETF seller in Q2 2024 was Advance Capital Management, an estimated $35.7M sold.
Based on aggregated 13F filings for Q2 2024.