Invesco Solar ETF
71 hedge funds and large institutions have $160M invested in Invesco Solar ETF in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 15 closing their positions.
28% more call options, than puts
Call options by funds: $8.82M | Put options by funds: $6.89M
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
6% more funds holding
Funds holding: 67 → 71 (+4)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
1% less capital invested
Capital invested by funds: $162M → $160M (-$1.36M)
3.63% less ownership
Funds ownership: 35.95% → 32.32% (-3.6%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12.1M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$4.53M |
| 3 |
Morgan Stanley
New York
|
+$3.11M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$2.69M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.07M |
| 2 |
LA
Leonetti & Associates
Buffalo Grove,
Illinois
|
-$5.79M |
| 3 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$5.15M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$4.61M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$3.76M |
TAN Hedge Fund Activity: Q2 2014 in Review
71 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q2 2014, worth a combined $160M — down 0.84% from $162M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TAN positions and 15 closed out — a net gain of 4 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $12.1M. The largest seller was Millennium Management, exiting entirely with an estimated $8.07M sold.
- 71 institutional investors held Invesco Solar ETF (TAN) as of Q2 2014, up from 67 in Q1 2014.
- Funds reported $160M of Invesco Solar ETF stock for Q2 2014, down 0.84% quarter-over-quarter.
- 19 funds opened new Invesco Solar ETF positions in Q2 2014 and 15 closed out, a net change of +4 holders.
- The largest Invesco Solar ETF buyer in Q2 2014 was Goldman Sachs, an estimated $12.1M added.
- The largest Invesco Solar ETF seller in Q2 2014 was Millennium Management, an estimated $8.07M sold.
Based on aggregated 13F filings for Q2 2014.