Invesco Solar ETF
226 hedge funds and large institutions have $300M invested in Invesco Solar ETF in 2025 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 50 increasing their positions, 47 reducing their positions, and 19 closing their positions.
232% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 19
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
45% more capital invested
Capital invested by funds: $207M → $300M (+$92.8M)
23% more funds holding
Funds holding: 183 → 226 (+43)
3.71% more ownership
Funds ownership: 27.02% → 30.73% (+3.7%)
6% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 47
10% less call options, than puts
Call options by funds: $88.9M | Put options by funds: $98.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$14.5M |
| 2 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$11.3M |
| 3 |
WHGC
Wealth High Governance Capital
Sao Paulo,
Brazil
|
+$11.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.72M |
| 5 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$7.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$40.6M |
| 2 |
Millennium Management
New York
|
-$15.4M |
| 3 |
FCC
Florin Court Capital
London,
United Kingdom
|
-$2.95M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.85M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$2.77M |
TAN Hedge Fund Activity: Q4 2025 in Review
226 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Invesco Solar ETF (TAN) for Q4 2025, worth a combined $300M — up 45% from $207M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new TAN positions and 19 closed out — a net gain of 44 holders — while 50 added to existing stakes and 47 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $14.5M. The largest seller was Citigroup, cutting an estimated $40.6M.
- 226 institutional investors held Invesco Solar ETF (TAN) as of Q4 2025, up from 183 in Q3 2025.
- Funds reported $300M of Invesco Solar ETF stock for Q4 2025, up 45% quarter-over-quarter.
- 63 funds opened new Invesco Solar ETF positions in Q4 2025 and 19 closed out, a net change of +44 holders.
- The largest Invesco Solar ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $14.5M added.
- The largest Invesco Solar ETF seller in Q4 2025 was Citigroup, an estimated $40.6M sold.
Based on aggregated 13F filings for Q4 2025.