Invesco S&P Spin-Off ETF
CSD
53 hedge funds and large institutions have $74.9M invested in Invesco S&P Spin-Off ETF in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 22 reducing their positions, and 8 closing their positions.
1.99% more ownership
Funds ownership: 35.09% → 37.08% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $77.4M → $74.9M (-$2.56M)
5% less funds holding
Funds holding: 56 → 53 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
45% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.47M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.65M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$1.26M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$739K |
| 5 |
SG Americas Securities
New York
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$1.45M |
| 2 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$1.45M |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$1.04M |
| 4 |
Morgan Stanley
New York
|
-$994K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$784K |
CSD Hedge Fund Activity: Q4 2016 in Review
53 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q4 2016, worth a combined $74.9M — down 3.3% from $77.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CSD and 5 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 12 added.
The largest buyer was Wells Fargo, adding an estimated $2.47M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $1.45M sold.
- 53 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q4 2016, down from 56 in Q3 2016.
- Funds reported $74.9M of Invesco S&P Spin-Off ETF stock for Q4 2016, down 3.3% quarter-over-quarter.
- 5 funds opened new Invesco S&P Spin-Off ETF positions in Q4 2016 and 8 closed out, a net change of -3 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q4 2016 was Wells Fargo, an estimated $2.47M added.
- The largest Invesco S&P Spin-Off ETF seller in Q4 2016 was New York Life Investment Management, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2016.