ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS
TRND
TRND was delisted on the 6th of July, 2015.
20 hedge funds and large institutions have $60.1M invested in ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
54% more funds holding
Funds holding: 13 → 20 (+7)
15% less capital invested
Capital invested by funds: $70.8M → $60.1M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$742K |
| 3 |
AIG
American International Group
New York
|
+$681K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$501K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.94M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.6M |
| 4 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$87K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$22.5K |
TRND Hedge Fund Activity: Q1 2014 in Review
20 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS (TRND) for Q1 2014, worth a combined $60.1M — down 15% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TRND positions and 2 closed out — a net gain of 7 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $1.23M. The largest seller was Goldman Sachs, exiting entirely with an estimated $12.6M sold.
- 20 institutional investors held ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS (TRND) as of Q1 2014, up from 13 in Q4 2013.
- Funds reported $60.1M of ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS stock for Q1 2014, down 15% quarter-over-quarter.
- 9 funds opened new ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS positions in Q1 2014 and 2 closed out, a net change of +7 holders.
- The largest ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS buyer in Q1 2014 was Private Advisor Group, an estimated $1.23M added.
- The largest ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS seller in Q1 2014 was Goldman Sachs, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2014.