Invesco Golden Dragon China ETF
38 hedge funds and large institutions have $58.8M invested in Invesco Golden Dragon China ETF in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
23% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $825K
12% more funds holding
Funds holding: 34 → 38 (+4)
2% more capital invested
Capital invested by funds: $57.9M → $58.8M (+$892K)
2.89% less ownership
Funds ownership: 21.02% → 18.13% (-2.9%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSAM
Dock Street Asset Management
Palm Beach,
Florida
|
+$3.35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.34M |
| 3 |
FIG
FundX Investment Group
San Francisco,
California
|
+$1.96M |
| 4 |
Morgan Stanley
New York
|
+$1.1M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$934K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$4.66M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.03M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$3.15M |
| 4 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$1.61M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$663K |
PGJ Hedge Fund Activity: Q4 2013 in Review
38 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Golden Dragon China ETF (PGJ) for Q4 2013, worth a combined $58.8M — up 1.5% from $57.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PGJ positions and 7 closed out — a net gain of 4 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Dock Street Asset Management, opening a new position worth an estimated $3.35M. The largest seller was Cumberland Advisors, exiting entirely with an estimated $4.66M sold.
- 38 institutional investors held Invesco Golden Dragon China ETF (PGJ) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $58.8M of Invesco Golden Dragon China ETF stock for Q4 2013, up 1.5% quarter-over-quarter.
- 11 funds opened new Invesco Golden Dragon China ETF positions in Q4 2013 and 7 closed out, a net change of +4 holders.
- The largest Invesco Golden Dragon China ETF buyer in Q4 2013 was Dock Street Asset Management, an estimated $3.35M added.
- The largest Invesco Golden Dragon China ETF seller in Q4 2013 was Cumberland Advisors, an estimated $4.66M sold.
Based on aggregated 13F filings for Q4 2013.