Invesco Solar ETF
57 hedge funds and large institutions have $31.6M invested in Invesco Solar ETF in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 10 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
5% more capital invested
Capital invested by funds: $30M → $31.6M (+$1.6M)
0.6% more ownership
Funds ownership: 13.12% → 13.72% (+0.6%)
3% less funds holding
Funds holding: 59 → 57 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
77% less call options, than puts
Call options by funds: $400K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cribstone Capital Management
Augusta,
Maine
|
+$1.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.41M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.15M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.12M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$1.24M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$691K |
| 3 |
LPL Financial
San Diego,
California
|
-$386K |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$324K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$314K |
TAN Hedge Fund Activity: Q2 2016 in Review
57 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q2 2016, worth a combined $31.6M — up 5.3% from $30M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TAN and 8 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was Cribstone Capital Management, opening a new position worth an estimated $1.5M. The largest seller was Allianz Asset Management, cutting an estimated $1.24M.
- 57 institutional investors held Invesco Solar ETF (TAN) as of Q2 2016, down from 59 in Q1 2016.
- Funds reported $31.6M of Invesco Solar ETF stock for Q2 2016, up 5.3% quarter-over-quarter.
- 8 funds opened new Invesco Solar ETF positions in Q2 2016 and 10 closed out, a net change of -2 holders.
- The largest Invesco Solar ETF buyer in Q2 2016 was Cribstone Capital Management, an estimated $1.5M added.
- The largest Invesco Solar ETF seller in Q2 2016 was Allianz Asset Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2016.