Invesco Solar ETF
59 hedge funds and large institutions have $30M invested in Invesco Solar ETF in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 15 closing their positions.
245% more call options, than puts
Call options by funds: $3.95M | Put options by funds: $1.14M
0.02% less ownership
Funds ownership: 13.14% → 13.12% (-0.02%)
8% less funds holding
Funds holding: 64 → 59 (-5)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
27% less capital invested
Capital invested by funds: $40.8M → $30M (-$10.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$3.92M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.03M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$863K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$748K |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$1.72M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$1.61M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$869K |
| 5 |
EDRAML
Edmond de Rothschild Asset Management (Luxembourg)
Luxembourg
|
-$821K |
TAN Hedge Fund Activity: Q1 2016 in Review
59 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q1 2016, worth a combined $30M — down 27% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TAN and 12 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Allianz Asset Management, adding an estimated $3.92M. The largest seller was Summit Capital Management, exiting entirely with an estimated $1.72M sold.
- 59 institutional investors held Invesco Solar ETF (TAN) as of Q1 2016, down from 64 in Q4 2015.
- Funds reported $30M of Invesco Solar ETF stock for Q1 2016, down 27% quarter-over-quarter.
- 12 funds opened new Invesco Solar ETF positions in Q1 2016 and 15 closed out, a net change of -3 holders.
- The largest Invesco Solar ETF buyer in Q1 2016 was Allianz Asset Management, an estimated $3.92M added.
- The largest Invesco Solar ETF seller in Q1 2016 was Summit Capital Management, an estimated $1.72M sold.
Based on aggregated 13F filings for Q1 2016.