Invesco S&P Spin-Off ETF
CSD
76 hedge funds and large institutions have $149M invested in Invesco S&P Spin-Off ETF in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 16 closing their positions.
1.94% more ownership
Funds ownership: 37.73% → 39.67% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 84 → 76 (-8)
24% less capital invested
Capital invested by funds: $196M → $149M (-$46.5M)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$9.76M |
| 2 |
AIM
Allen Investment Management
New York
|
+$3.96M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$3.47M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.85M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$16.3M |
| 2 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$6.62M |
| 3 |
Morgan Stanley
New York
|
-$4.87M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$1.83M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.43M |
CSD Hedge Fund Activity: Q3 2015 in Review
76 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q3 2015, worth a combined $149M — down 24% from $196M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CSD and 9 opened new positions — a net loss of 7 holders — while 31 trimmed existing stakes and 21 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $9.76M. The largest seller was Brinker Capital, cutting an estimated $16.3M.
- 76 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q3 2015, down from 84 in Q2 2015.
- Funds reported $149M of Invesco S&P Spin-Off ETF stock for Q3 2015, down 24% quarter-over-quarter.
- 9 funds opened new Invesco S&P Spin-Off ETF positions in Q3 2015 and 16 closed out, a net change of -7 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q3 2015 was HighTower Advisors, an estimated $9.76M added.
- The largest Invesco S&P Spin-Off ETF seller in Q3 2015 was Brinker Capital, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2015.