Invesco Solar ETF
61 hedge funds and large institutions have $166M invested in Invesco Solar ETF in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 22 closing their positions.
21.09% more ownership
Funds ownership: 35.22% → 56.31% (+21%)
15% more capital invested
Capital invested by funds: $144M → $166M (+$21.9M)
4% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $1.6M
12% less funds holding
Funds holding: 69 → 61 (-8)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$68.1M |
| 2 |
Jane Street
New York
|
+$2.17M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$1.31M |
| 4 |
PCTC
Perkins Coie Trust Company
Seattle,
Washington
|
+$795K |
| 5 |
CG
Colony Group
Boston,
Massachusetts
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$6.38M |
| 2 |
Morgan Stanley
New York
|
-$3.61M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.44M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.91M |
| 5 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Ameriprise
Minneapolis,
Minnesota
| – | -$141K | -3,469 | Closed |
|
77
Envestnet Asset Management
Chicago,
Illinois
| – | -$34K | -843 | Closed |
|
|
EWM
78
Edge Wealth Management
New York
| – | -$33K | -825 | Closed |
|
|
AP
79
Advisors Preferred
Rockville,
Maryland
| – | -$24.5K | -602 | Closed |
|
|
CFA
80
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$20K | -504 | Closed |
|
|
OCM
81
One Capital Management
Westlake Village,
California
| – | -$6K | -156 | Closed |
|
|
EWM
82
Elite Wealth Management
Kirkland,
Washington
| – | -$4K | -100 | Closed |
|
83
Parallax Volatility Advisers
San Francisco,
California
| – | +$36 | +1 | New |
|
TAN Hedge Fund Activity: Q4 2014 in Review
61 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q4 2014, worth a combined $166M — up 15% from $144M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TAN and 15 opened new positions — a net loss of 7 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Goldman Sachs, adding an estimated $68.1M. The largest seller was UBS O'Connor, cutting an estimated $6.38M.
- 61 institutional investors held Invesco Solar ETF (TAN) as of Q4 2014, down from 69 in Q3 2014.
- Funds reported $166M of Invesco Solar ETF stock for Q4 2014, up 15% quarter-over-quarter.
- 15 funds opened new Invesco Solar ETF positions in Q4 2014 and 22 closed out, a net change of -7 holders.
- The largest Invesco Solar ETF buyer in Q4 2014 was Goldman Sachs, an estimated $68.1M added.
- The largest Invesco Solar ETF seller in Q4 2014 was UBS O'Connor, an estimated $6.38M sold.
Based on aggregated 13F filings for Q4 2014.