Invesco Solar ETF
46 hedge funds and large institutions have $67.2M invested in Invesco Solar ETF in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
21% more funds holding
Funds holding: 38 → 46 (+8)
9% less capital invested
Capital invested by funds: $73.6M → $67.2M (-$6.42M)
10.21% less ownership
Funds ownership: 33.15% → 22.94% (-10%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
86% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $9.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$6.29M |
| 2 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
+$3.76M |
| 3 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$2.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$733K |
| 5 |
DLCIG
D.L. Carlson Investment Group
Concord,
New Hampshire
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.43M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.62M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.45M |
| 4 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$2.9M |
| 5 |
Goldman Sachs
New York
|
-$2.49M |
TAN Hedge Fund Activity: Q4 2013 in Review
46 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q4 2013, worth a combined $67.2M — down 8.7% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TAN positions and 6 closed out — a net gain of 8 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $6.29M. The largest seller was Susquehanna International Group, cutting an estimated $5.43M.
- 46 institutional investors held Invesco Solar ETF (TAN) as of Q4 2013, up from 38 in Q3 2013.
- Funds reported $67.2M of Invesco Solar ETF stock for Q4 2013, down 8.7% quarter-over-quarter.
- 14 funds opened new Invesco Solar ETF positions in Q4 2013 and 6 closed out, a net change of +8 holders.
- The largest Invesco Solar ETF buyer in Q4 2013 was UBS O'Connor, an estimated $6.29M added.
- The largest Invesco Solar ETF seller in Q4 2013 was Susquehanna International Group, an estimated $5.43M sold.
Based on aggregated 13F filings for Q4 2013.