Invesco Solar ETF
241 hedge funds and large institutions have $494M invested in Invesco Solar ETF in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 49 increasing their positions, 89 reducing their positions, and 75 closing their positions.
21% more call options, than puts
Call options by funds: $150M | Put options by funds: $124M
4.5% less ownership
Funds ownership: 42.83% → 38.32% (-4.5%)
16% less funds holding
Funds holding: 286 → 241 (-45)
33% less capital invested
Capital invested by funds: $740M → $494M (-$246M)
45% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 89
53% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 75
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Electron Capital Partners
New York
|
+$21.8M |
| 2 |
PE
Point72 Europe
London,
United Kingdom
|
+$15M |
| 3 |
Millennium Management
New York
|
+$7.8M |
| 4 |
Jane Street
New York
|
+$6.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$90.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$25M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
-$22.8M |
| 4 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
-$9.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.44M |
TAN Hedge Fund Activity: Q1 2024 in Review
241 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q1 2024, worth a combined $494M — down 33% from $740M a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of TAN and 35 opened new positions — a net loss of 40 holders — while 89 trimmed existing stakes and 49 added.
The largest buyer was Electron Capital Partners, opening a new position worth an estimated $21.8M. The largest seller was Clal Insurance, cutting an estimated $90.1M.
- 241 institutional investors held Invesco Solar ETF (TAN) as of Q1 2024, down from 286 in Q4 2023.
- Funds reported $494M of Invesco Solar ETF stock for Q1 2024, down 33% quarter-over-quarter.
- 35 funds opened new Invesco Solar ETF positions in Q1 2024 and 75 closed out, a net change of -40 holders.
- The largest Invesco Solar ETF buyer in Q1 2024 was Electron Capital Partners, an estimated $21.8M added.
- The largest Invesco Solar ETF seller in Q1 2024 was Clal Insurance, an estimated $90.1M sold.
Based on aggregated 13F filings for Q1 2024.