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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.

New
Increased
Maintained
Reduced
Closed

5.26% less ownership

Funds ownership: 63.5%58.24% (-5.3%)

16% less funds holding

Funds holding: 5042 (-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

Holders
42
Holders Change
-8
Holders Change %
-16%
% of All Funds
0.92%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
4
Reduced
16
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VA
1
Valmark Advisers
Ohio
$34.7M -$21.6M -837,226 -39%
OAM
2
Oppenheimer Asset Management
New York
$14M -$115K -4,466 -0.8%
Bank of America
3
Bank of America
North Carolina
$10.7M -$102K -3,959 -0.9%
Morgan Stanley
4
Morgan Stanley
New York
$2.45M -$300K -11,642 -11%
AFG
5
Albion Financial Group
Utah
$1.48M
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$1.36M +$297K +11,498 +28%
Jane Street
7
Jane Street
New York
$1.33M -$66.5K -2,579 -5%
AWM
8
Avior Wealth Management
Nebraska
$1.2M -$55.7K -2,159 -4%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$877K -$58.9K -2,285 -6%
RJA
10
Raymond James & Associates
Florida
$632K +$73.3K +2,843 +13%
Wells Fargo
11
Wells Fargo
California
$519K -$82.4K -3,194 -14%
LPL Financial
12
LPL Financial
California
$516K -$51.7K -2,004 -9%
UBS Group
13
UBS Group
Switzerland
$494K -$68.8K -2,667 -12%
PAG
14
Private Advisor Group
New Jersey
$470K +$297K +11,507 New
OC
15
Oppenheimer & Co
New York
$413K -$87.2K -3,381 -18%
SCA
16
STALEY CAPITAL ADVISERS
Pennsylvania
$390K
FWP
17
FAS Wealth Partners
Kansas
$368K
CGFA
18
Colton Groome Financial Advisors
North Carolina
$335K -$361 -14 -0.1%
BSW
19
Buckingham Strategic Wealth
Missouri
$280K
UCFA
20
United Capital Financial Advisors
Texas
$233K -$4.13K -160 -2%
US Bancorp
21
US Bancorp
Minnesota
$147K
IAS
22
IMA Advisory Services
Colorado
$145K
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$142K -$3.92K -152 -3%
ST
24
Smithfield Trust
Pennsylvania
$104K
AG
25
Advisor Group
Arizona
$67K -$7.79K -302 -10%

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.