Invesco MSCI Global Timber ETF
56 hedge funds and large institutions have $184M invested in Invesco MSCI Global Timber ETF in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
9% more capital invested
Capital invested by funds: $168M → $184M (+$15.6M)
4% more funds holding
Funds holding: 54 → 56 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.86% less ownership
Funds ownership: 67.18% → 65.32% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.14M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$1.82M |
| 3 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
+$1.31M |
| 4 |
Morgan Stanley
New York
|
+$1.29M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$764K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.06M |
| 2 |
ACM
Alpha Capital Management
Austin,
Texas
|
-$3.15M |
| 3 |
Jane Street
New York
|
-$1.41M |
| 4 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$1.25M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$910K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
51
Glenmede Trust
Philadelphia,
Pennsylvania
| $8K | – | – | – |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | +$6.63K | +264 | New |
|
53
Citigroup
New York
| $6K | +$2.26K | +90 | +56% |
|
|
WA
54
WFG Advisors
Dallas,
Texas
| $4K | -$33.9K | -1,349 | -90% |
|
|
MFS
55
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
NES
56
New England Securities
New York
| $3K | – | – | – |
|
|
57
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6.06M | -248,450 | Closed |
|
|
ACM
58
Alpha Capital Management
Austin,
Texas
| – | -$3.15M | -129,055 | Closed |
|
|
59
Jane Street
New York
| – | -$1.41M | -57,926 | Closed |
|
|
SMM
60
Stadion Money Management
Watkinsville,
Georgia
| – | -$1.25M | -51,165 | Closed |
|
|
TIM
61
Tortoise Investment Management
White Plains,
New York
| – | -$260K | -10,650 | Closed |
|
62
Verition Fund Management
Greenwich,
Connecticut
| – | -$219K | -8,989 | Closed |
|
|
FANJ
63
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -100 | Closed |
|
CUT Hedge Fund Activity: Q4 2013 in Review
56 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco MSCI Global Timber ETF (CUT) for Q4 2013, worth a combined $184M — up 9.3% from $168M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CUT positions and 7 closed out — a net gain of 3 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Bank of America, adding an estimated $2.14M. The largest seller was Bank of Montreal, exiting entirely with an estimated $6.06M sold.
- 56 institutional investors held Invesco MSCI Global Timber ETF (CUT) as of Q4 2013, up from 54 in Q3 2013.
- Funds reported $184M of Invesco MSCI Global Timber ETF stock for Q4 2013, up 9.3% quarter-over-quarter.
- 10 funds opened new Invesco MSCI Global Timber ETF positions in Q4 2013 and 7 closed out, a net change of +3 holders.
- The largest Invesco MSCI Global Timber ETF buyer in Q4 2013 was Bank of America, an estimated $2.14M added.
- The largest Invesco MSCI Global Timber ETF seller in Q4 2013 was Bank of Montreal, an estimated $6.06M sold.
Based on aggregated 13F filings for Q4 2013.