Invesco S&P Spin-Off ETF
CSD
78 hedge funds and large institutions have $256M invested in Invesco S&P Spin-Off ETF in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 76 → 78 (+2)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0.29% less ownership
Funds ownership: 36.66% → 36.37% (-0.29%)
9% less capital invested
Capital invested by funds: $283M → $256M (-$26.3M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $403K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.8M |
| 2 |
SG Americas Securities
New York
|
+$7.28M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.41M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$2.11M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$16.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.5M |
| 3 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$9.71M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$5.62M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.72M |
CSD Hedge Fund Activity: Q2 2014 in Review
78 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q2 2014, worth a combined $256M — down 9.3% from $283M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CSD positions and 12 closed out — a net gain of 3 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $10.8M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $16.1M sold.
- 78 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q2 2014, up from 76 in Q1 2014.
- Funds reported $256M of Invesco S&P Spin-Off ETF stock for Q2 2014, down 9.3% quarter-over-quarter.
- 15 funds opened new Invesco S&P Spin-Off ETF positions in Q2 2014 and 12 closed out, a net change of +3 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $10.8M added.
- The largest Invesco S&P Spin-Off ETF seller in Q2 2014 was New York Life Investment Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2014.