Invesco Solar ETF
69 hedge funds and large institutions have $144M invested in Invesco Solar ETF in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 14 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
2.89% more ownership
Funds ownership: 32.32% → 35.22% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
3% less funds holding
Funds holding: 71 → 69 (-2)
12% less capital invested
Capital invested by funds: $164M → $144M (-$19.6M)
24% less call options, than puts
Call options by funds: $3.76M | Put options by funds: $4.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.29M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.71M |
| 5 |
FWCM
First Western Capital Management
Los Angeles,
California
|
+$893K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$4.88M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$3.16M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.01M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.81M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QIM
76
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$356K | -8,000 | Closed |
|
|
SC
77
Sumit Capital
New York
| – | -$301K | -6,760 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$268K | -6,000 | Closed |
|
|
OC
79
Oppenheimer & Co
New York
| – | -$226K | -5,061 | Closed |
|
80
Nomura Holdings
Tokyo,
Japan
| – | -$208K | -4,704 | Closed |
|
|
BRWA
81
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$189K | -4,229 | Closed |
|
|
USGIU
82
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$110K | -2,500 | Closed |
|
83
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$27K | -600 | Closed |
|
TAN Hedge Fund Activity: Q3 2014 in Review
69 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q3 2014, worth a combined $144M — down 12% from $164M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TAN and 13 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 21 added.
The largest buyer was Jane Street, adding an estimated $6.17M. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $4.88M sold.
- 69 institutional investors held Invesco Solar ETF (TAN) as of Q3 2014, down from 71 in Q2 2014.
- Funds reported $144M of Invesco Solar ETF stock for Q3 2014, down 12% quarter-over-quarter.
- 13 funds opened new Invesco Solar ETF positions in Q3 2014 and 14 closed out, a net change of -1 holder.
- The largest Invesco Solar ETF buyer in Q3 2014 was Jane Street, an estimated $6.17M added.
- The largest Invesco Solar ETF seller in Q3 2014 was Clark Capital Management Group, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2014.