Vanguard Utilities ETF
118 hedge funds and large institutions have $340M invested in Vanguard Utilities ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 11 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
1% less funds holding
Funds holding: 119 → 118 (-1)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
8.63% less ownership
Funds ownership: 28.76% → 20.13% (-8.6%)
12% less call options, than puts
Call options by funds: $1.1M | Put options by funds: $1.25M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less capital invested
Capital invested by funds: $506M → $340M (-$166M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
+$9.76M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$5.22M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.48M |
| 4 |
SG Americas Securities
New York
|
+$3.21M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$95.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$56.5M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$6.53M |
| 4 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$6.29M |
| 5 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$4.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
126
FIC Capital
New York
| – | -$204K | -2,108 | Closed |
|
|
PAS
127
Partnervest Advisory Services
Santa Barbara,
California
| – | -$184K | -1,904 | Closed |
|
|
AP
128
Advisors Preferred
Rockville,
Maryland
| – | -$41.1K | -425 | Closed |
|
129
M&T Bank
Buffalo,
New York
| – | -$31K | -325 | Closed |
|
VPU Hedge Fund Activity: Q3 2014 in Review
118 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Vanguard Utilities ETF (VPU) for Q3 2014, worth a combined $340M — down 33% from $506M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of VPU and 10 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 38 added.
The largest buyer was Beacon Capital Management Inc (Ohio), adding an estimated $9.76M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $95.2M sold.
- 118 institutional investors held Vanguard Utilities ETF (VPU) as of Q3 2014, down from 119 in Q2 2014.
- Funds reported $340M of Vanguard Utilities ETF stock for Q3 2014, down 33% quarter-over-quarter.
- 10 funds opened new Vanguard Utilities ETF positions in Q3 2014 and 11 closed out, a net change of -1 holder.
- The largest Vanguard Utilities ETF buyer in Q3 2014 was Beacon Capital Management Inc (Ohio), an estimated $9.76M added.
- The largest Vanguard Utilities ETF seller in Q3 2014 was 1832 Asset Management, an estimated $95.2M sold.
Based on aggregated 13F filings for Q3 2014.