Invesco S&P Spin-Off ETF
CSD
81 hedge funds and large institutions have $218M invested in Invesco S&P Spin-Off ETF in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 78 → 81 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
49% less capital inflows, than outflows
Capital inflows: $32M | Capital outflows: $62.2M
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $519K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$6.97M |
| 2 |
New York Life Investment Management
New York
|
+$6.97M |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$3.84M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.83M |
| 5 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brinker Capital
Berwyn,
Pennsylvania
|
-$17.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$10.2M |
| 3 |
Morgan Stanley
New York
|
-$6.93M |
| 4 |
AIG
American International Group
New York
|
-$5.36M |
| 5 |
SG Americas Securities
New York
|
-$4.46M |
CSD Hedge Fund Activity: Q3 2014 in Review
81 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q3 2014, worth a combined $218M — down 15% from $256M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CSD positions and 9 closed out — a net gain of 3 holders — while 25 added to existing stakes and 32 trimmed.
The largest buyer was Cornerstone Capital Management Holdings, opening a new position worth an estimated $6.97M. The largest seller was Brinker Capital, cutting an estimated $17.9M.
- 81 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q3 2014, up from 78 in Q2 2014.
- Funds reported $218M of Invesco S&P Spin-Off ETF stock for Q3 2014, down 15% quarter-over-quarter.
- 12 funds opened new Invesco S&P Spin-Off ETF positions in Q3 2014 and 9 closed out, a net change of +3 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q3 2014 was Cornerstone Capital Management Holdings, an estimated $6.97M added.
- The largest Invesco S&P Spin-Off ETF seller in Q3 2014 was Brinker Capital, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2014.