Invesco Solar ETF
271 hedge funds and large institutions have $567M invested in Invesco Solar ETF in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 74 increasing their positions, 87 reducing their positions, and 50 closing their positions.
309% more call options, than puts
Call options by funds: $251M | Put options by funds: $61.5M
7.24% less ownership
Funds ownership: 45.82% → 38.58% (-7.2%)
8% less funds holding
Funds holding: 294 → 271 (-23)
15% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 87
34% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 50
41% less capital invested
Capital invested by funds: $957M → $567M (-$390M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$10.5M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$7.2M |
| 3 |
PE
Point72 Europe
London,
United Kingdom
|
+$5.59M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
+$5.45M |
| 5 |
JP Morgan Chase
New York
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$150M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$15.6M |
| 3 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
-$8.72M |
| 4 |
Goldman Sachs
New York
|
-$5.63M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.05M |
TAN Hedge Fund Activity: Q3 2023 in Review
271 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q3 2023, worth a combined $567M — down 41% from $957M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of TAN and 33 opened new positions — a net loss of 17 holders — while 87 trimmed existing stakes and 74 added.
The largest buyer was Gemmer Asset Management, opening a new position worth an estimated $10.5M. The largest seller was Jane Street, cutting an estimated $150M.
- 271 institutional investors held Invesco Solar ETF (TAN) as of Q3 2023, down from 294 in Q2 2023.
- Funds reported $567M of Invesco Solar ETF stock for Q3 2023, down 41% quarter-over-quarter.
- 33 funds opened new Invesco Solar ETF positions in Q3 2023 and 50 closed out, a net change of -17 holders.
- The largest Invesco Solar ETF buyer in Q3 2023 was Gemmer Asset Management, an estimated $10.5M added.
- The largest Invesco Solar ETF seller in Q3 2023 was Jane Street, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2023.