Invesco S&P Spin-Off ETF
CSD
56 hedge funds and large institutions have $77.4M invested in Invesco S&P Spin-Off ETF in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 27 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
4% more funds holding
Funds holding: 54 → 56 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $80.9M → $77.4M (-$3.48M)
2.24% less ownership
Funds ownership: 37.33% → 35.09% (-2.2%)
70% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.95M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$437K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$328K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$223K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$2.25M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.59M |
| 4 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$1.43M |
| 5 |
SG Americas Securities
New York
|
-$1.41M |
CSD Hedge Fund Activity: Q3 2016 in Review
56 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q3 2016, worth a combined $77.4M — down 4.3% from $80.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CSD positions and 5 closed out — a net gain of 3 holders — while 8 added to existing stakes and 27 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.95M. The largest seller was Cabot Wealth Management, exiting entirely with an estimated $2.25M sold.
- 56 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q3 2016, up from 54 in Q2 2016.
- Funds reported $77.4M of Invesco S&P Spin-Off ETF stock for Q3 2016, down 4.3% quarter-over-quarter.
- 8 funds opened new Invesco S&P Spin-Off ETF positions in Q3 2016 and 5 closed out, a net change of +3 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q3 2016 was Wells Fargo, an estimated $3.95M added.
- The largest Invesco S&P Spin-Off ETF seller in Q3 2016 was Cabot Wealth Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q3 2016.