Invesco S&P Spin-Off ETF
CSD
33 hedge funds and large institutions have $22.7M invested in Invesco S&P Spin-Off ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 31 → 33 (+2)
3% more capital invested
Capital invested by funds: $22M → $22.7M (+$637K)
1.27% less ownership
Funds ownership: 27.88% → 26.62% (-1.3%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$421K |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$253K |
| 3 |
Two Sigma Investments
New York
|
+$204K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$48.7K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$47.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.06M |
| 2 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$352K |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$261K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$253K |
| 5 |
JP Morgan Chase
New York
|
-$160K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
William Blair & Company
Chicago,
Illinois
| $40.9K | – | – | – |
|
|
AF
27
Allworth Financial
Folsom,
California
| $39.9K | – | – | – |
|
|
CAM
28
Costello Asset Management
Feasterville,
Pennsylvania
| $35.5K | – | – | – |
|
29
Citigroup
New York
| $24.2K | – | – | – |
|
|
HAP
30
Harbor Asset Planning
Belmont,
Massachusetts
| $21.4K | +$97 | +1 | +0.5% |
|
31
Fidelity Investments
Boston,
Massachusetts
| $18.1K | -$195 | -2 | -1% |
|
|
DSC
32
Duncker Streett & Co
St. Louis,
Missouri
| $9.97K | – | – | – |
|
|
AWM
33
AE Wealth Management
Topeka,
Kansas
| $4.99K | – | – | – |
|
|
HNB
34
Huntington National Bank
Columbus,
Ohio
| $53 | – | – | – |
|
|
IWC
35
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$261K | -2,805 | Closed |
|
|
36
Citadel Advisors
Miami,
Florida
| – | -$253K | -2,713 | Closed |
|
|
37
JP Morgan Chase
New York
| – | -$160K | -1,715 | Closed |
|
CSD Hedge Fund Activity: Q4 2025 in Review
33 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q4 2025, worth a combined $22.7M — up 2.9% from $22M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CSD positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $421K. The largest seller was Private Advisor Group, cutting an estimated $1.06M.
- 33 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q4 2025, up from 31 in Q3 2025.
- Funds reported $22.7M of Invesco S&P Spin-Off ETF stock for Q4 2025, up 2.9% quarter-over-quarter.
- 5 funds opened new Invesco S&P Spin-Off ETF positions in Q4 2025 and 3 closed out, a net change of +2 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q4 2025 was Susquehanna International Group, an estimated $421K added.
- The largest Invesco S&P Spin-Off ETF seller in Q4 2025 was Private Advisor Group, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2025.