ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS
TRND
TRND was delisted on the 6th of July, 2015.
26 hedge funds and large institutions have $78.6M invested in ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 5 closing their positions.
7% less funds holding
Funds holding: 28 → 26 (-2)
31% less capital invested
Capital invested by funds: $114M → $78.6M (-$35.6M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$16.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$9.31M |
| 4 |
Goldman Sachs
New York
|
+$1.83M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$26.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13M |
| 3 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
-$7.27M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.83M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NG
26
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$7.27M | -182,400 | Closed |
|
|
27
Bank of America
Charlotte,
North Carolina
| – | -$5.74M | -144,074 | Closed |
|
28
Stifel Financial
St. Louis,
Missouri
| – | -$750K | -18,837 | Closed |
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$300K | -7,533 | Closed |
|
|
UR
30
USCA RIA
Houston,
Texas
| – | -$242K | -6,076 | Closed |
|
TRND Hedge Fund Activity: Q2 2015 in Review
26 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS (TRND) for Q2 2015, worth a combined $78.6M — down 31% from $114M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TRND and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $16.4M. The largest seller was Bank of Montreal, cutting an estimated $26.8M.
- 26 institutional investors held ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS (TRND) as of Q2 2015, down from 28 in Q1 2015.
- Funds reported $78.6M of ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS stock for Q2 2015, down 31% quarter-over-quarter.
- 3 funds opened new ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS positions in Q2 2015 and 5 closed out, a net change of -2 holders.
- The largest ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS buyer in Q2 2015 was Jane Street, an estimated $16.4M added.
- The largest ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS seller in Q2 2015 was Bank of Montreal, an estimated $26.8M sold.
Based on aggregated 13F filings for Q2 2015.