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.
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 76 → 74 (-2)
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)
55% less capital inflows, than outflows
Capital inflows: $16.2M | Capital outflows: $36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.16M |
| 2 |
SG Americas Securities
New York
|
+$1.63M |
| 3 |
LPL Financial
San Diego,
California
|
+$600K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$469K |
| 5 |
NCMW
Northern Capital Management (Wisconsin)
Madison,
Wisconsin
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13M |
| 2 |
Aviance Capital Management
Sarasota,
Florida
|
-$3.09M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.82M |
| 4 |
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$2.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.64M |
CSD Hedge Fund Activity: Q4 2015 in Review
74 of the 3,824 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.