Invesco MSCI Global Timber ETF
42 hedge funds and large institutions have $73.7M invested in Invesco MSCI Global Timber ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 13 closing their positions.
5.26% less ownership
Funds ownership: 63.5% → 58.24% (-5.3%)
16% less funds holding
Funds holding: 50 → 42 (-8)
27% less capital invested
Capital invested by funds: $101M → $73.7M (-$27.4M)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
75% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$297K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$297K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$73.3K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.4K |
| 5 |
APW
Acima Private Wealth
Richmond,
Virginia
|
+$21.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VA
Valmark Advisers
Akron,
Ohio
|
-$21.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$616K |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$558K |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$389K |
| 5 |
Morgan Stanley
New York
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWA
51
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$19K | -706 | Closed |
|
|
EAM
52
Eukles Asset Management
Cincinnati,
Ohio
| – | -$5K | -191 | Closed |
|
53
Barclays
London,
United Kingdom
| – | -$3K | -99 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -66 | Closed |
|
CUT Hedge Fund Activity: Q3 2019 in Review
42 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco MSCI Global Timber ETF (CUT) for Q3 2019, worth a combined $73.7M — down 27% from $101M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CUT and 5 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 4 added.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $297K. The largest seller was Valmark Advisers, cutting an estimated $21.6M.
- 42 institutional investors held Invesco MSCI Global Timber ETF (CUT) as of Q3 2019, down from 50 in Q2 2019.
- Funds reported $73.7M of Invesco MSCI Global Timber ETF stock for Q3 2019, down 27% quarter-over-quarter.
- 5 funds opened new Invesco MSCI Global Timber ETF positions in Q3 2019 and 13 closed out, a net change of -8 holders.
- The largest Invesco MSCI Global Timber ETF buyer in Q3 2019 was Private Advisor Group, an estimated $297K added.
- The largest Invesco MSCI Global Timber ETF seller in Q3 2019 was Valmark Advisers, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2019.