Invesco S&P Spin-Off ETF
CSD
74 hedge funds and large institutions have $124M invested in Invesco S&P Spin-Off ETF in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 11 closing their positions.
0.86% more ownership
Funds ownership: 39.67% → 40.53% (+0.86%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 76 → 74 (-2)
17% less capital invested
Capital invested by funds: $149M → $124M (-$25.2M)
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
76
Visium Asset Management
New York
| – | -$839K | -22,022 | Closed |
|
|
MIAN
77
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$391K | -10,253 | Closed |
|
|
HA
78
Hamel Associates
Chatham,
New Jersey
| – | -$272K | -7,125 | Closed |
|
79
Jane Street
New York
| – | -$248K | -6,491 | Closed |
|
|
HK
80
Horizon Kinetics
New York
| – | -$245K | -6,414 | Closed |
|
|
JWBC
81
J.W. Burns & Co
Dewitt,
New York
| – | -$241K | -6,321 | Closed |
|
|
VNA
82
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$43K | -1,135 | Closed |
|
|
JIC
83
Joel Isaacson & Co
New York
| – | -$1K | -36 | Closed |
|
|
MPWT
84
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$993 | -22 | Closed |
|
CSD Hedge Fund Activity: Q4 2015 in Review
74 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q4 2015, worth a combined $124M — down 17% from $149M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CSD and 10 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 19 added.
The largest buyer was Royal Bank of Canada, adding an estimated $5.16M. The largest seller was Morgan Stanley, cutting an estimated $13M.
- 74 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q4 2015, down from 76 in Q3 2015.
- Funds reported $124M of Invesco S&P Spin-Off ETF stock for Q4 2015, down 17% quarter-over-quarter.
- 10 funds opened new Invesco S&P Spin-Off ETF positions in Q4 2015 and 11 closed out, a net change of -1 holder.
- The largest Invesco S&P Spin-Off ETF buyer in Q4 2015 was Royal Bank of Canada, an estimated $5.16M added.
- The largest Invesco S&P Spin-Off ETF seller in Q4 2015 was Morgan Stanley, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2015.