Invesco Solar ETF
86 hedge funds and large institutions have $101M invested in Invesco Solar ETF in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 12 reducing their positions, and 11 closing their positions.
158% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 12
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
13% more funds holding
Funds holding: 76 → 86 (+10)
9% more capital invested
Capital invested by funds: $92M → $101M (+$8.54M)
1.63% less ownership
Funds ownership: 24.25% → 22.62% (-1.6%)
23% less call options, than puts
Call options by funds: $940K | Put options by funds: $1.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.96M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.72M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$914K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$912K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.83M |
| 2 |
SG Americas Securities
New York
|
-$3.99M |
| 3 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$2.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.38M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$896K |
TAN Hedge Fund Activity: Q4 2017 in Review
86 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q4 2017, worth a combined $101M — up 9.3% from $92M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TAN positions and 11 closed out — a net gain of 10 holders — while 31 added to existing stakes and 12 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $1.96M. The largest seller was Jane Street, exiting entirely with an estimated $6.83M sold.
- 86 institutional investors held Invesco Solar ETF (TAN) as of Q4 2017, up from 76 in Q3 2017.
- Funds reported $101M of Invesco Solar ETF stock for Q4 2017, up 9.3% quarter-over-quarter.
- 21 funds opened new Invesco Solar ETF positions in Q4 2017 and 11 closed out, a net change of +10 holders.
- The largest Invesco Solar ETF buyer in Q4 2017 was Penserra Capital Management, an estimated $1.96M added.
- The largest Invesco Solar ETF seller in Q4 2017 was Jane Street, an estimated $6.83M sold.
Based on aggregated 13F filings for Q4 2017.