Invesco China Real Estate ETF
TAO
TAO was delisted on the 14th of February, 2020.
20 hedge funds and large institutions have $3.78M invested in Invesco China Real Estate ETF in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 23 → 20 (-3)
16% less capital invested
Capital invested by funds: $4.5M → $3.78M (-$720K)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$545K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.16K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$26 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.14M |
| 2 |
LPL Financial
San Diego,
California
|
-$300K |
| 3 |
Jane Street
New York
|
-$155K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$65.4K |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
-$58.1K |
TAO Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Invesco China Real Estate ETF (TAO) for Q3 2019, worth a combined $3.78M — down 16% from $4.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TAO and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Wells Fargo, adding an estimated $1.11M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.14M sold.
- 20 institutional investors held Invesco China Real Estate ETF (TAO) as of Q3 2019, down from 23 in Q2 2019.
- Funds reported $3.78M of Invesco China Real Estate ETF stock for Q3 2019, down 16% quarter-over-quarter.
- 2 funds opened new Invesco China Real Estate ETF positions in Q3 2019 and 5 closed out, a net change of -3 holders.
- The largest Invesco China Real Estate ETF buyer in Q3 2019 was Wells Fargo, an estimated $1.11M added.
- The largest Invesco China Real Estate ETF seller in Q3 2019 was Citadel Advisors, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2019.