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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.

New
Increased
Maintained
Reduced
Closed

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: 5456 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.86% less ownership

Funds ownership: 67.18%65.32% (-1.9%)

Holders
56
Holders Change
+2
Holders Change %
+3.7%
% of All Funds
1.63%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
15
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$68M +$1.82M +72,429 +3%
Bank of America
2
Bank of America
North Carolina
$29M +$2.14M +85,222 +8%
Morgan Stanley
3
Morgan Stanley
New York
$19.3M +$1.29M +51,415 +7%
Comerica Bank
4
Comerica Bank
Texas
$9.96M +$555K +22,116 +6%
BCM
5
Brookstone Capital Management
Illinois
$7.87M +$7.63M +303,785 New
TAT
6
TD Ameritrade Trust
Colorado
$7.61M +$91.9K +3,660 +1%
JMPWA
7
JP Morgan Private Wealth Advisors
California
$6.1M +$560K +22,299 +10%
BCI
8
Brinker Capital Investments
Pennsylvania
$4.33M
AIP
9
Ameritas Investment Partners
Nebraska
$4.25M +$1.31M +52,000 +46%
Wells Fargo
10
Wells Fargo
California
$2.96M +$96.2K +3,832 +3%
MWM
11
Merriman Wealth Management
Washington
$2.81M -$60.9K -2,425 -2%
JWM
12
Jacobus Wealth Management
Wisconsin
$2.69M
Goldman Sachs
13
Goldman Sachs
New York
$2.42M
U
14
UBS
Switzerland
$2.21M +$764K +30,421 +55%
LPL Financial
15
LPL Financial
California
$1.9M +$113K +4,486 +7%
AFG
16
Albion Financial Group
Utah
$1.57M
CCWA
17
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.42M -$76.6K -3,052 -5%
MHS
18
M Holdings Securities
Oregon
$794K +$770K +30,654 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$765K +$649K +25,832 +697%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$615K -$353K -14,043 -37%
SSB
21
Sandy Spring Bank
Maryland
$604K -$74.5K -2,967 -11%
FIM
22
Freedom Investment Management
Connecticut
$602K -$15.2K -605 -3%
VKH
23
Virtu KCG Holdings
New York
$596K +$578K +23,018 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$585K +$66.1K +2,633 +13%
Mariner
25
Mariner
Kansas
$485K +$470K +18,710 New

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.