Invesco Solar ETF
67 hedge funds and large institutions have $162M invested in Invesco Solar ETF in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 25 increasing their positions, 6 reducing their positions, and 8 closing their positions.
317% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 6
263% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 8
140% more capital invested
Capital invested by funds: $67.2M → $162M (+$94.4M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more funds holding
Funds holding: 46 → 67 (+21)
13.01% more ownership
Funds ownership: 22.94% → 35.95% (+13%)
37% less call options, than puts
Call options by funds: $4.08M | Put options by funds: $6.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$33M |
| 2 |
Millennium Management
New York
|
+$7.83M |
| 3 |
LA
Leonetti & Associates
Buffalo Grove,
Illinois
|
+$5.62M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.63M |
| 5 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$483K |
| 2 |
Jane Street
New York
|
-$299K |
| 3 |
BHA
Beech Hill Advisors
New York
|
-$255K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$107K |
| 5 |
LWI
Long Wharf Investors
Boston,
Massachusetts
|
-$36.6K |
TAN Hedge Fund Activity: Q1 2014 in Review
67 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q1 2014, worth a combined $162M — up 140% from $67.2M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TAN positions and 8 closed out — a net gain of 21 holders — while 25 added to existing stakes and 6 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $33M. The largest seller was Royal Bank of Canada, cutting an estimated $483K.
- 67 institutional investors held Invesco Solar ETF (TAN) as of Q1 2014, up from 46 in Q4 2013.
- Funds reported $162M of Invesco Solar ETF stock for Q1 2014, up 140% quarter-over-quarter.
- 29 funds opened new Invesco Solar ETF positions in Q1 2014 and 8 closed out, a net change of +21 holders.
- The largest Invesco Solar ETF buyer in Q1 2014 was Goldman Sachs, an estimated $33M added.
- The largest Invesco Solar ETF seller in Q1 2014 was Royal Bank of Canada, an estimated $483K sold.
Based on aggregated 13F filings for Q1 2014.