Invesco Next Gen Connectivity ETF
KNCT
21 hedge funds and large institutions have $12.4M invested in Invesco Next Gen Connectivity ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 12 closing their positions.
13.43% less ownership
Funds ownership: 48.16% → 34.72% (-13%)
34% less funds holding
Funds holding: 32 → 21 (-11)
60% less capital invested
Capital invested by funds: $30.7M → $12.4M (-$18.3M)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.3M |
| 3 |
Jane Street
New York
|
+$209K |
| 4 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$27.9K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$20.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$7.82M |
| 2 |
Morgan Stanley
New York
|
-$2.84M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Stifel Financial
St. Louis,
Missouri
| – | -$338K | -5,556 | Closed |
|
|
IAA
27
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$321K | -5,268 | Closed |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$294K | -4,839 | Closed |
|
29
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$259K | -4,255 | Closed |
|
30
CIBC World Market
Toronto,
Ontario, Canada
| – | -$225K | -3,706 | Closed |
|
|
NAM
31
NTV Asset Management
Charleston,
West Virginia
| – | -$219K | -3,600 | Closed |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| – | -$147K | -2,419 | Closed |
|
|
IFWM
33
Institute for Wealth Management
Denver,
Colorado
| – | -$43K | -700 | Closed |
|
KNCT Hedge Fund Activity: Q1 2020 in Review
21 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco Next Gen Connectivity ETF (KNCT) for Q1 2020, worth a combined $12.4M — down 60% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KNCT and 3 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.3M. The largest seller was HighTower Advisors, exiting entirely with an estimated $7.82M sold.
- 21 institutional investors held Invesco Next Gen Connectivity ETF (KNCT) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $12.4M of Invesco Next Gen Connectivity ETF stock for Q1 2020, down 60% quarter-over-quarter.
- 3 funds opened new Invesco Next Gen Connectivity ETF positions in Q1 2020 and 12 closed out, a net change of -9 holders.
- The largest Invesco Next Gen Connectivity ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $3.3M added.
- The largest Invesco Next Gen Connectivity ETF seller in Q1 2020 was HighTower Advisors, an estimated $7.82M sold.
Based on aggregated 13F filings for Q1 2020.