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Invesco MSCI Global Timber ETF

58 hedge funds and large institutions have $148M invested in Invesco MSCI Global Timber ETF in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 5558 (+3)

1.62% more ownership

Funds ownership: 64.64%66.26% (+1.6%)

7% less capital invested

Capital invested by funds: $159M → $148M (-$11M)

48% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 21

Holders
58
Holders Change
+3
Holders Change %
+5.45%
% of All Funds
1.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
11
Reduced
21
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$74.8M +$4.34M +177,179 +6%
Bank of America
2
Bank of America
North Carolina
$22.8M -$765K -31,236 -3%
Morgan Stanley
3
Morgan Stanley
New York
$9.39M -$929K -37,916 -9%
Comerica Bank
4
Comerica Bank
Texas
$8.06M -$738K -30,120 -8%
TAT
5
TD Ameritrade Trust
Colorado
$5.28M +$151K +6,149 +3%
BCI
6
Brinker Capital Investments
Pennsylvania
$3.95M +$21.1K +862 +0.5%
Goldman Sachs
7
Goldman Sachs
New York
$3.19M -$36.7K -1,498 -1%
JWM
8
Jacobus Wealth Management
Wisconsin
$1.95M -$405K -16,515 -17%
Wells Fargo
9
Wells Fargo
California
$1.74M -$818K -33,411 -31%
Mariner
10
Mariner
Kansas
$1.39M +$539K +22,010 +59%
AFG
11
Albion Financial Group
Utah
$1.38M
CCWA
12
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$1.21M -$61.2K -2,497 -5%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$1.12M -$367 -15 -0%
LPL Financial
14
LPL Financial
California
$1.08M -$92.8K -3,788 -8%
FIM
15
Freedom Investment Management
Connecticut
$991K +$504K +20,581 +95%
U
16
UBS
Switzerland
$783K +$10.1K +412 +1%
VKH
17
Virtu KCG Holdings
New York
$703K +$733K +29,904 New
Jane Street
18
Jane Street
New York
$698K +$57K +2,326 +8%
CS
19
Comerica Securities
Michigan
$669K +$698K +28,473 New
MHS
20
M Holdings Securities
Oregon
$620K -$106K -4,311 -14%
RJA
21
Raymond James & Associates
Florida
$590K +$19.9K +812 +3%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$564K -$12K -489 -2%
AWM
23
Avior Wealth Management
Nebraska
$513K +$245K +9,982 +84%
SSB
24
Sandy Spring Bank
Maryland
$474K -$54.1K -2,210 -10%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$465K -$369K -15,049 -43%

CUT Hedge Fund Activity: Q3 2014 in Review

58 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco MSCI Global Timber ETF (CUT) for Q3 2014, worth a combined $148M — down 6.9% from $159M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new CUT positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 21 trimmed.

The largest buyer was Valmark Advisers, adding an estimated $4.34M. The largest seller was Ameritas Investment Partners, exiting entirely with an estimated $3.1M sold.

  • 58 institutional investors held Invesco MSCI Global Timber ETF (CUT) as of Q3 2014, up from 55 in Q2 2014.
  • Funds reported $148M of Invesco MSCI Global Timber ETF stock for Q3 2014, down 6.9% quarter-over-quarter.
  • 8 funds opened new Invesco MSCI Global Timber ETF positions in Q3 2014 and 5 closed out, a net change of +3 holders.
  • The largest Invesco MSCI Global Timber ETF buyer in Q3 2014 was Valmark Advisers, an estimated $4.34M added.
  • The largest Invesco MSCI Global Timber ETF seller in Q3 2014 was Ameritas Investment Partners, an estimated $3.1M sold.

Based on aggregated 13F filings for Q3 2014.