Invesco Solar ETF
54 hedge funds and large institutions have $18.2M invested in Invesco Solar ETF in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 21 reducing their positions, and 13 closing their positions.
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2.87% less ownership
Funds ownership: 13.68% → 10.8% (-2.9%)
5% less funds holding
Funds holding: 57 → 54 (-3)
40% less capital invested
Capital invested by funds: $30.2M → $18.2M (-$12M)
62% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 21
89% less call options, than puts
Call options by funds: $169K | Put options by funds: $1.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.18M |
| 2 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
+$1.18M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$953K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$210K |
| 5 |
CCM
Cribstone Capital Management
Augusta,
Maine
|
+$59.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.56M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.59M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$995K |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$714K |
| 5 |
PCTC
Perkins Coie Trust Company
Seattle,
Washington
|
-$423K |
TAN Hedge Fund Activity: Q4 2016 in Review
54 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q4 2016, worth a combined $18.2M — down 40% from $30.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TAN and 12 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 8 added.
The largest buyer was Jane Street, adding an estimated $1.18M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $4.56M sold.
- 54 institutional investors held Invesco Solar ETF (TAN) as of Q4 2016, down from 57 in Q3 2016.
- Funds reported $18.2M of Invesco Solar ETF stock for Q4 2016, down 40% quarter-over-quarter.
- 12 funds opened new Invesco Solar ETF positions in Q4 2016 and 13 closed out, a net change of -1 holder.
- The largest Invesco Solar ETF buyer in Q4 2016 was Jane Street, an estimated $1.18M added.
- The largest Invesco Solar ETF seller in Q4 2016 was Mirae Asset Global Investments, an estimated $4.56M sold.
Based on aggregated 13F filings for Q4 2016.