Invesco Solar ETF
51 hedge funds and large institutions have $84.3M invested in Invesco Solar ETF in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 20 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
2.5% less ownership
Funds ownership: 38.49% → 36% (-2.5%)
19% less funds holding
Funds holding: 63 → 51 (-12)
34% less capital invested
Capital invested by funds: $128M → $84.3M (-$43.9M)
60% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 20
92% less call options, than puts
Call options by funds: $202K | Put options by funds: $2.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.91M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$4.77M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$542K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$514K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$6.04M |
| 2 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$3.79M |
| 3 |
Morgan Stanley
New York
|
-$3.18M |
| 4 |
Jane Street
New York
|
-$1.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.11M |
TAN Hedge Fund Activity: Q3 2015 in Review
51 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q3 2015, worth a combined $84.3M — down 34% from $128M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TAN and 8 opened new positions — a net loss of 12 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Goldman Sachs, adding an estimated $5.91M. The largest seller was Ardsley Advisory Partners, exiting entirely with an estimated $6.04M sold.
- 51 institutional investors held Invesco Solar ETF (TAN) as of Q3 2015, down from 63 in Q2 2015.
- Funds reported $84.3M of Invesco Solar ETF stock for Q3 2015, down 34% quarter-over-quarter.
- 8 funds opened new Invesco Solar ETF positions in Q3 2015 and 20 closed out, a net change of -12 holders.
- The largest Invesco Solar ETF buyer in Q3 2015 was Goldman Sachs, an estimated $5.91M added.
- The largest Invesco Solar ETF seller in Q3 2015 was Ardsley Advisory Partners, an estimated $6.04M sold.
Based on aggregated 13F filings for Q3 2015.