Invesco Golden Dragon China ETF
35 hedge funds and large institutions have $25.5M invested in Invesco Golden Dragon China ETF in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 34 → 35 (+1)
0.83% less ownership
Funds ownership: 18.4% → 17.56% (-0.83%)
37% less capital invested
Capital invested by funds: $40.6M → $25.5M (-$15M)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.61M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$578K |
| 3 |
Morgan Stanley
New York
|
+$548K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$360K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.3M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.15M |
| 3 |
Jane Street
New York
|
-$1.32M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$679K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
26
Gemmer Asset Management
Walnut Creek,
California
| $48K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $30K | -$43.1K | -1,513 | -56% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $20K | -$219K | -7,670 | -91% |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $17K | – | – | – |
|
|
SNT
30
Security National Trust
Wheeling,
West Virginia
| $13K | – | – | – |
|
|
DADC
31
D.A. Davidson & Co
Great Falls,
Montana
| $10K | – | – | – |
|
|
BCM
32
Brookstone Capital Management
Wheaton,
Illinois
| $6K | – | – | – |
|
|
IWMPD
33
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $5K | – | – | – |
|
|
34
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$2.15M | -63,999 | Closed |
|
|
CA
35
Cumberland Advisors
Sarasota,
Florida
| – | -$557K | -16,620 | Closed |
|
|
PAM
36
Peak Asset Management
Louisville,
Colorado
| – | -$221K | -6,593 | Closed |
|
PGJ Hedge Fund Activity: Q3 2015 in Review
35 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco Golden Dragon China ETF (PGJ) for Q3 2015, worth a combined $25.5M — down 37% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PGJ positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 15 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.61M. The largest seller was Wells Fargo, cutting an estimated $5.3M.
- 35 institutional investors held Invesco Golden Dragon China ETF (PGJ) as of Q3 2015, up from 34 in Q2 2015.
- Funds reported $25.5M of Invesco Golden Dragon China ETF stock for Q3 2015, down 37% quarter-over-quarter.
- 4 funds opened new Invesco Golden Dragon China ETF positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest Invesco Golden Dragon China ETF buyer in Q3 2015 was Millennium Management, an estimated $4.61M added.
- The largest Invesco Golden Dragon China ETF seller in Q3 2015 was Wells Fargo, an estimated $5.3M sold.
Based on aggregated 13F filings for Q3 2015.