ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL)
TBAR
TBAR was delisted on the 6th of July, 2015.
19 hedge funds and large institutions have $29.7M invested in ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 5 closing their positions.
36% more capital invested
Capital invested by funds: $21.8M → $29.7M (+$7.92M)
14% less funds holding
Funds holding: 22 → 19 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
+$14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$697K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.76M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$496K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$340K |
| 4 |
Jane Street
New York
|
-$292K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$161K |
TBAR Hedge Fund Activity: Q4 2014 in Review
19 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) (TBAR) for Q4 2014, worth a combined $29.7M — up 36% from $21.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TBAR and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was NatWest Group, adding an estimated $14M. The largest seller was Morgan Stanley, cutting an estimated $4.76M.
- 19 institutional investors held ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) (TBAR) as of Q4 2014, down from 22 in Q3 2014.
- Funds reported $29.7M of ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) stock for Q4 2014, up 36% quarter-over-quarter.
- 3 funds opened new ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) positions in Q4 2014 and 5 closed out, a net change of -2 holders.
- The largest ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) buyer in Q4 2014 was NatWest Group, an estimated $14M added.
- The largest ROYAL BANK OF SCOTLAND PLC RBS GOLD TRENDPILOT ETN (NL) seller in Q4 2014 was Morgan Stanley, an estimated $4.76M sold.
Based on aggregated 13F filings for Q4 2014.