Invesco MSCI Global Timber ETF
54 hedge funds and large institutions have $114M invested in Invesco MSCI Global Timber ETF in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 10 closing their positions.
5.7% less ownership
Funds ownership: 66.26% → 60.56% (-5.7%)
7% less funds holding
Funds holding: 58 → 54 (-4)
23% less capital invested
Capital invested by funds: $148M → $114M (-$34.2M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWP
FAS Wealth Partners
Leawood,
Kansas
|
+$513K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$188K |
| 3 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$88.7K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$73.3K |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$50.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Valmark Advisers
Akron,
Ohio
|
-$19.6M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$8.06M |
| 3 |
Morgan Stanley
New York
|
-$4.25M |
| 4 |
TAT
TD Ameritrade Trust
Denver,
Colorado
|
-$2.62M |
| 5 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $5K | – | – | – |
|
|
MWP
52
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $5K | – | – | – |
|
|
WA
53
WFG Advisors
Dallas,
Texas
| $4K | – | – | – |
|
|
54
Comerica Bank
Dallas,
Texas
| – | -$8.06M | -342,676 | Closed |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$703K | -29,904 | Closed |
|
|
CS
56
Comerica Securities
Detroit,
Michigan
| – | -$669K | -28,473 | Closed |
|
|
PAG
57
Private Advisor Group
Morristown,
New Jersey
| – | -$73K | -3,104 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$29K | -1,252 | Closed |
|
|
IFA
59
Interactive Financial Advisors
New Lenox,
Illinois
| – | -$4K | -179 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -121 | Closed |
|
|
FANJ
61
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -100 | Closed |
|
|
MFS
62
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -100 | Closed |
|
|
OCM
63
One Capital Management
Westlake Village,
California
| – | -$2K | -100 | Closed |
|
64
Parallax Volatility Advisers
San Francisco,
California
| – | +$24 | +1 | New |
|
CUT Hedge Fund Activity: Q4 2014 in Review
54 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Invesco MSCI Global Timber ETF (CUT) for Q4 2014, worth a combined $114M — down 23% from $148M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CUT and 7 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was FAS Wealth Partners, opening a new position worth an estimated $513K. The largest seller was Valmark Advisers, cutting an estimated $19.6M.
- 54 institutional investors held Invesco MSCI Global Timber ETF (CUT) as of Q4 2014, down from 58 in Q3 2014.
- Funds reported $114M of Invesco MSCI Global Timber ETF stock for Q4 2014, down 23% quarter-over-quarter.
- 7 funds opened new Invesco MSCI Global Timber ETF positions in Q4 2014 and 10 closed out, a net change of -3 holders.
- The largest Invesco MSCI Global Timber ETF buyer in Q4 2014 was FAS Wealth Partners, an estimated $513K added.
- The largest Invesco MSCI Global Timber ETF seller in Q4 2014 was Valmark Advisers, an estimated $19.6M sold.
Based on aggregated 13F filings for Q4 2014.