Vanguard Communication Services ETF
155 hedge funds and large institutions have $776M invested in Vanguard Communication Services ETF in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 37 reducing their positions, and 23 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 37
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
4.36% more ownership
Funds ownership: 51.46% → 55.82% (+4.4%)
3% more funds holding
Funds holding: 151 → 155 (+4)
2% more capital invested
Capital invested by funds: $763M → $776M (+$13M)
25% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $1.64M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$29.2M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$23.6M |
| 3 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
+$13.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.55M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$7.4M |
| 2 |
ABFS
Appropriate Balance Financial Services
Bellevue,
Washington
|
-$7.32M |
| 3 |
MPM
Meritage Portfolio Management
Overland Park,
Kansas
|
-$4.8M |
| 4 |
FM
Forward Management
San Francisco,
California
|
-$4.28M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4M |
VOX Hedge Fund Activity: Q1 2017 in Review
155 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Vanguard Communication Services ETF (VOX) for Q1 2017, worth a combined $776M — up 1.7% from $763M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VOX positions and 23 closed out — a net gain of 6 holders — while 64 added to existing stakes and 37 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $29.2M. The largest seller was First Business Financial Services, exiting entirely with an estimated $7.4M sold.
- 155 institutional investors held Vanguard Communication Services ETF (VOX) as of Q1 2017, up from 151 in Q4 2016.
- Funds reported $776M of Vanguard Communication Services ETF stock for Q1 2017, up 1.7% quarter-over-quarter.
- 29 funds opened new Vanguard Communication Services ETF positions in Q1 2017 and 23 closed out, a net change of +6 holders.
- The largest Vanguard Communication Services ETF buyer in Q1 2017 was Envestnet Asset Management, an estimated $29.2M added.
- The largest Vanguard Communication Services ETF seller in Q1 2017 was First Business Financial Services, an estimated $7.4M sold.
Based on aggregated 13F filings for Q1 2017.