Invesco S&P Spin-Off ETF
CSD
84 hedge funds and large institutions have $210M invested in Invesco S&P Spin-Off ETF in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 19 closing their positions.
2% more capital invested
Capital invested by funds: $206M → $210M (+$3.47M)
0.76% more ownership
Funds ownership: 39.26% → 40.02% (+0.76%)
10% less funds holding
Funds holding: 93 → 84 (-9)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.84M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.07M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.59M |
| 4 |
NCMW
Northern Capital Management (Wisconsin)
Madison,
Wisconsin
|
+$1.35M |
| 5 |
V
Veritable
Wilmington,
Delaware
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$3.06M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.49M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$2.26M |
| 4 |
IAA
Ironsides Asset Advisors
Rocky Mount,
North Carolina
|
-$2.05M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$1.79M |
CSD Hedge Fund Activity: Q1 2015 in Review
84 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q1 2015, worth a combined $210M — up 1.7% from $206M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CSD and 11 opened new positions — a net loss of 8 holders — while 29 trimmed existing stakes and 24 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.84M. The largest seller was American International Group, cutting an estimated $3.06M.
- 84 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q1 2015, down from 93 in Q4 2014.
- Funds reported $210M of Invesco S&P Spin-Off ETF stock for Q1 2015, up 1.7% quarter-over-quarter.
- 11 funds opened new Invesco S&P Spin-Off ETF positions in Q1 2015 and 19 closed out, a net change of -8 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q1 2015 was Royal Bank of Canada, an estimated $3.84M added.
- The largest Invesco S&P Spin-Off ETF seller in Q1 2015 was American International Group, an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2015.