Invesco S&P SmallCap 600 Pure Value ETF
RZV
40 hedge funds and large institutions have $65.3M invested in Invesco S&P SmallCap 600 Pure Value ETF in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 11 closing their positions.
4.12% less ownership
Funds ownership: 31.34% → 27.23% (-4.1%)
9% less funds holding
Funds holding: 44 → 40 (-4)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $88.1M → $65.3M (-$22.9M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.44M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$597K |
| 4 |
SG Americas Securities
New York
|
+$412K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$7.89M |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$6.45M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.12M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.14M |
RZV Hedge Fund Activity: Q1 2017 in Review
40 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap 600 Pure Value ETF (RZV) for Q1 2017, worth a combined $65.3M — down 26% from $88.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RZV and 7 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.44M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $7.89M sold.
- 40 institutional investors held Invesco S&P SmallCap 600 Pure Value ETF (RZV) as of Q1 2017, down from 44 in Q4 2016.
- Funds reported $65.3M of Invesco S&P SmallCap 600 Pure Value ETF stock for Q1 2017, down 26% quarter-over-quarter.
- 7 funds opened new Invesco S&P SmallCap 600 Pure Value ETF positions in Q1 2017 and 11 closed out, a net change of -4 holders.
- The largest Invesco S&P SmallCap 600 Pure Value ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $3.44M added.
- The largest Invesco S&P SmallCap 600 Pure Value ETF seller in Q1 2017 was Niemann Capital Management, an estimated $7.89M sold.
Based on aggregated 13F filings for Q1 2017.