Invesco Golden Dragon China ETF
37 hedge funds and large institutions have $36.8M invested in Invesco Golden Dragon China ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 8 closing their positions.
53% more call options, than puts
Call options by funds: $804K | Put options by funds: $526K
7.03% less ownership
Funds ownership: 21.93% → 14.9% (-7%)
10% less funds holding
Funds holding: 41 → 37 (-4)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
45% less capital invested
Capital invested by funds: $67.4M → $36.8M (-$30.5M)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Placemark Investments
Chicago,
Illinois
|
+$582K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$493K |
| 3 |
Citigroup
New York
|
+$156K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$25.5K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.9M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$6.23M |
| 3 |
FIG
FundX Investment Group
San Francisco,
California
|
-$4.32M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.26M |
| 5 |
TL
Tirschwell & Loewy
New York
|
-$2.35M |
PGJ Hedge Fund Activity: Q2 2014 in Review
37 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Invesco Golden Dragon China ETF (PGJ) for Q2 2014, worth a combined $36.8M — down 45% from $67.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of PGJ and 5 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 8 added.
The largest buyer was Placemark Investments, opening a new position worth an estimated $582K. The largest seller was Morgan Stanley, cutting an estimated $8.9M.
- 37 institutional investors held Invesco Golden Dragon China ETF (PGJ) as of Q2 2014, down from 41 in Q1 2014.
- Funds reported $36.8M of Invesco Golden Dragon China ETF stock for Q2 2014, down 45% quarter-over-quarter.
- 5 funds opened new Invesco Golden Dragon China ETF positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest Invesco Golden Dragon China ETF buyer in Q2 2014 was Placemark Investments, an estimated $582K added.
- The largest Invesco Golden Dragon China ETF seller in Q2 2014 was Morgan Stanley, an estimated $8.9M sold.
Based on aggregated 13F filings for Q2 2014.