Virtus Reaves Utilities ETF
UTES
2 hedge funds and large institutions have $715K invested in Virtus Reaves Utilities ETF in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
5.39% more ownership
Funds ownership: 0% → 5.39% (+5.4%)
39% less capital invested
Capital invested by funds: $1.18M → $715K (-$464K)
50% less funds holding
Funds holding: 4 → 2 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$101K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$27.5K |
Top Sellers
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$487K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$81K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $688K | +$101K | +3,401 | +17% |
|
|
2
UBS Group
Zurich,
Switzerland
| $27K | +$27.5K | +927 | New |
|
|
VKH
3
Virtu KCG Holdings
New York
| – | -$487K | -15,909 | Closed |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| – | -$81K | -2,640 | Closed |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| – | -$1K | -30 | Closed |
|
UTES Hedge Fund Activity: Q4 2016 in Review
2 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Virtus Reaves Utilities ETF (UTES) for Q4 2016, worth a combined $715K — down 39% from $1.18M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UTES and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Royal Bank of Canada, adding an estimated $101K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $487K sold.
- 2 institutional investors held Virtus Reaves Utilities ETF (UTES) as of Q4 2016, down from 4 in Q3 2016.
- Funds reported $715K of Virtus Reaves Utilities ETF stock for Q4 2016, down 39% quarter-over-quarter.
- 1 fund opened new Virtus Reaves Utilities ETF positions in Q4 2016 and 3 closed out, a net change of -2 holders.
- The largest Virtus Reaves Utilities ETF buyer in Q4 2016 was Royal Bank of Canada, an estimated $101K added.
- The largest Virtus Reaves Utilities ETF seller in Q4 2016 was Virtu KCG Holdings, an estimated $487K sold.
Based on aggregated 13F filings for Q4 2016.