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Invesco S&P 500 Low Volatility ETF

150 hedge funds and large institutions have $1.47B invested in Invesco S&P 500 Low Volatility ETF in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 55 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more call options, than puts

Call options by funds: $14.1M | Put options by funds: $6.34M

1.19% more ownership

Funds ownership: 37.3%38.49% (+1.2%)

4% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 55

4% less capital invested

Capital invested by funds: $1.53B → $1.47B (-$59.5M)

2% less funds holding

Funds holding: 153150 (-3)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
150
Holders Change
-3
Holders Change %
-1.96%
% of All Funds
4.33%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.23%
New
17
Increased
53
Reduced
55
Closed
19
Calls
$14.1M
Puts
$6.34M
Net Calls
+$7.78M
Net Calls Change
-$1.6M
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Windhaven Investment Management
Massachusetts
$544M +$1.78M +54,006 +0.3%
Morgan Stanley
2
Morgan Stanley
New York
$123M -$11.6M -351,638 -9%
Bank of America
3
Bank of America
North Carolina
$97.8M -$19.7M -597,574 -17%
Wells Fargo
4
Wells Fargo
California
$93.6M -$18.1M -548,097 -17%
HSBC Holdings
5
HSBC Holdings
United Kingdom
$66.7M +$4.57M +138,710 +8%
U
6
UBS
Switzerland
$59.2M -$503K -15,266 -0.9%
Invesco
7
Invesco
Georgia
$58.2M -$1.72M -52,309 -3%
LPL Financial
8
LPL Financial
California
$46.4M +$6.26M +189,912 +16%
BTS
9
BB&T Securities
Virginia
$19.9M -$5.69M -172,568 -75%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$18.3M -$2.13M -64,621 -11%
Goldman Sachs
11
Goldman Sachs
New York
$14.3M +$1.03M +31,199 +8%
GA
12
Geller Advisors
New York
$12.7M +$77.6K +2,354 +0.6%
EK
13
Evensky & Katz
Florida
$12.3M +$49.9K +1,516 +0.4%
TF
14
Tompkins Financial
New York
$12.2M -$2.23M -67,617 -16%
FAAM
15
First Allied Asset Management
California
$12.2M +$11.4M +345,191 +2,592%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$11.9M -$1.3M -39,523 -10%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$11.3M +$2.92M +88,698 +36%
Ameriprise
18
Ameriprise
Minnesota
$10.9M +$934K +28,355 +10%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$9.79M +$6.93M +210,298 +272%
NEPWA
20
New England Private Wealth Advisors
Massachusetts
$9.02M -$235K -7,125 -3%
SAM
21
Securian Asset Management
Minnesota
$9M +$8.12M +246,379 +1,369%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$8.14M
AIG
23
American International Group
New York
$8.02M +$1.55M +46,952 +25%
Ohio Public Employees Retirement System (OPERS)
24
Ohio Public Employees Retirement System (OPERS)
Ohio
$7.89M -$2.31M -70,148 -23%
JWM
25
Jacobus Wealth Management
Wisconsin
$7.88M

SPLV Hedge Fund Activity: Q1 2014 in Review

150 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P 500 Low Volatility ETF (SPLV) for Q1 2014, worth a combined $1.47B — down 3.9% from $1.53B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of SPLV and 17 opened new positions — a net loss of 2 holders — while 55 trimmed existing stakes and 53 added.

The largest buyer was First Allied Asset Management, adding an estimated $11.4M. The largest seller was Bank of America, cutting an estimated $19.7M.

  • 150 institutional investors held Invesco S&P 500 Low Volatility ETF (SPLV) as of Q1 2014, down from 153 in Q4 2013.
  • Funds reported $1.47B of Invesco S&P 500 Low Volatility ETF stock for Q1 2014, down 3.9% quarter-over-quarter.
  • 17 funds opened new Invesco S&P 500 Low Volatility ETF positions in Q1 2014 and 19 closed out, a net change of -2 holders.
  • The largest Invesco S&P 500 Low Volatility ETF buyer in Q1 2014 was First Allied Asset Management, an estimated $11.4M added.
  • The largest Invesco S&P 500 Low Volatility ETF seller in Q1 2014 was Bank of America, an estimated $19.7M sold.

Based on aggregated 13F filings for Q1 2014.