Invesco Next Gen Connectivity ETF
KNCT
32 hedge funds and large institutions have $32.9M invested in Invesco Next Gen Connectivity ETF in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 31 → 32 (+1)
8.97% less ownership
Funds ownership: 58.13% → 49.16% (-9%)
26% less capital invested
Capital invested by funds: $44.3M → $32.9M (-$11.3M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.52M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$488K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$433K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$324K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$6.57M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.14M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$861K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$681K |
| 5 |
CA
Calton & Associates
Tampa,
Florida
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $73K | +$73.6K | +1,244 | New |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $64K | -$681K | -11,509 | -91% |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $39.3K | – | – | – |
|
|
FGAM
29
Financial Gravity Asset Management
Lakeway,
Texas
| $32K | +$32.1K | +542 | New |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $5K | – | – | – |
|
|
WIM
31
Westside Investment Management
Santa Monica,
California
| $5 | +$5.91K | +100 | New |
|
|
NCM
32
Niemann Capital Management
Stateline,
Nevada
| – | -$6.57M | -112,605 | Closed |
|
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$4.14M | -70,313 | Closed |
|
|
BCM
34
Brookstone Capital Management
Wheaton,
Illinois
| – | -$397K | -6,730 | Closed |
|
|
AI
35
Atria Investments
Charlotte,
North Carolina
| – | -$339K | -5,753 | Closed |
|
|
WP
36
WealthSource Partners
San Luis Obispo,
California
| – | -$300K | -5,084 | Closed |
|
|
RJFSA
37
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$213K | -3,607 | Closed |
|
KNCT Hedge Fund Activity: Q2 2019 in Review
32 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Next Gen Connectivity ETF (KNCT) for Q2 2019, worth a combined $32.9M — down 26% from $44.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KNCT positions and 6 closed out — a net gain of 1 holder — while 7 added to existing stakes and 14 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.52M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $6.57M sold.
- 32 institutional investors held Invesco Next Gen Connectivity ETF (KNCT) as of Q2 2019, up from 31 in Q1 2019.
- Funds reported $32.9M of Invesco Next Gen Connectivity ETF stock for Q2 2019, down 26% quarter-over-quarter.
- 7 funds opened new Invesco Next Gen Connectivity ETF positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest Invesco Next Gen Connectivity ETF buyer in Q2 2019 was Royal Bank of Canada, an estimated $1.52M added.
- The largest Invesco Next Gen Connectivity ETF seller in Q2 2019 was Niemann Capital Management, an estimated $6.57M sold.
Based on aggregated 13F filings for Q2 2019.