Invesco S&P Spin-Off ETF
CSD
44 hedge funds and large institutions have $58.5M invested in Invesco S&P Spin-Off ETF in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 11 closing their positions.
29% more call options, than puts
Call options by funds: $304K | Put options by funds: $235K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.32% less ownership
Funds ownership: 36.93% → 27.61% (-9.3%)
12% less funds holding
Funds holding: 50 → 44 (-6)
25% less capital invested
Capital invested by funds: $77.9M → $58.5M (-$19.4M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$704K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$233K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$210K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$148K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$8.43M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.54M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$1.87M |
| 4 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$1.82M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$1.8M |
CSD Hedge Fund Activity: Q1 2018 in Review
44 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P Spin-Off ETF (CSD) for Q1 2018, worth a combined $58.5M — down 25% from $77.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CSD and 5 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 7 added.
The largest buyer was Goldman Sachs, adding an estimated $704K. The largest seller was Chicago Partners Investment Group, exiting entirely with an estimated $8.43M sold.
- 44 institutional investors held Invesco S&P Spin-Off ETF (CSD) as of Q1 2018, down from 50 in Q4 2017.
- Funds reported $58.5M of Invesco S&P Spin-Off ETF stock for Q1 2018, down 25% quarter-over-quarter.
- 5 funds opened new Invesco S&P Spin-Off ETF positions in Q1 2018 and 11 closed out, a net change of -6 holders.
- The largest Invesco S&P Spin-Off ETF buyer in Q1 2018 was Goldman Sachs, an estimated $704K added.
- The largest Invesco S&P Spin-Off ETF seller in Q1 2018 was Chicago Partners Investment Group, an estimated $8.43M sold.
Based on aggregated 13F filings for Q1 2018.