Vanguard Communication Services ETF
151 hedge funds and large institutions have $763M invested in Vanguard Communication Services ETF in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 42 increasing their positions, 48 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
29% more call options, than puts
Call options by funds: $851K | Put options by funds: $661K
5% more funds holding
Funds holding: 144 → 151 (+7)
11.69% less ownership
Funds ownership: 63.15% → 51.46% (-12%)
13% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 48
16% less capital invested
Capital invested by funds: $911M → $763M (-$148M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$30.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$16.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.74M |
| 4 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
+$2.79M |
| 5 |
Goldman Sachs
New York
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$190M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$35.4M |
| 3 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$7.22M |
| 4 |
BCP
Berkeley Capital Partners
Milton,
Georgia
|
-$6.03M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.52M |
VOX Hedge Fund Activity: Q4 2016 in Review
151 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Vanguard Communication Services ETF (VOX) for Q4 2016, worth a combined $763M — down 16% from $911M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VOX positions and 23 closed out — a net gain of 10 holders — while 42 added to existing stakes and 48 trimmed.
The largest buyer was Wells Fargo, adding an estimated $30.6M. The largest seller was Bank of America, cutting an estimated $190M.
- 151 institutional investors held Vanguard Communication Services ETF (VOX) as of Q4 2016, up from 144 in Q3 2016.
- Funds reported $763M of Vanguard Communication Services ETF stock for Q4 2016, down 16% quarter-over-quarter.
- 33 funds opened new Vanguard Communication Services ETF positions in Q4 2016 and 23 closed out, a net change of +10 holders.
- The largest Vanguard Communication Services ETF buyer in Q4 2016 was Wells Fargo, an estimated $30.6M added.
- The largest Vanguard Communication Services ETF seller in Q4 2016 was Bank of America, an estimated $190M sold.
Based on aggregated 13F filings for Q4 2016.