abrdn Physical Precious Metals Basket Shares ETF
GLTR
33 hedge funds and large institutions have $39.4M invested in abrdn Physical Precious Metals Basket Shares ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 8 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
13% less funds holding
Funds holding: 38 → 33 (-5)
29.24% less ownership
Funds ownership: 50.39% → 21.15% (-29%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
70% less capital invested
Capital invested by funds: $131M → $39.4M (-$92M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.47M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.08M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$862K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$716K |
| 5 |
CMP
Courage Miller Partners
Norfolk,
Virginia
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$96.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.6M |
| 3 |
Goldman Sachs
New York
|
-$748K |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$688K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$515K |
GLTR Hedge Fund Activity: Q1 2014 in Review
33 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in abrdn Physical Precious Metals Basket Shares ETF (GLTR) for Q1 2014, worth a combined $39.4M — down 70% from $131M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GLTR and 4 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $3.47M. The largest seller was SCS Capital Management, exiting entirely with an estimated $96.9M sold.
- 33 institutional investors held abrdn Physical Precious Metals Basket Shares ETF (GLTR) as of Q1 2014, down from 38 in Q4 2013.
- Funds reported $39.4M of abrdn Physical Precious Metals Basket Shares ETF stock for Q1 2014, down 70% quarter-over-quarter.
- 4 funds opened new abrdn Physical Precious Metals Basket Shares ETF positions in Q1 2014 and 8 closed out, a net change of -4 holders.
- The largest abrdn Physical Precious Metals Basket Shares ETF buyer in Q1 2014 was Virtu Financial, an estimated $3.47M added.
- The largest abrdn Physical Precious Metals Basket Shares ETF seller in Q1 2014 was SCS Capital Management, an estimated $96.9M sold.
Based on aggregated 13F filings for Q1 2014.