Avantis Emerging Markets Value ETF
AVES
59 hedge funds and large institutions have $127M invested in Avantis Emerging Markets Value ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 9 reducing their positions, and 4 closing their positions.
440% more capital inflows, than outflows
Capital inflows: $32.6M | Capital outflows: $6.03M
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more funds holding
Funds holding: 53 → 59 (+6)
0.91% more ownership
Funds ownership: 50.04% → 50.94% (+0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Armbruster Capital Management
Pittsford,
New York
|
+$9.6M |
| 2 |
Old Mission Capital
Chicago,
Illinois
|
+$4.21M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$3.02M |
| 4 |
Merriman Wealth Management
Seattle,
Washington
|
+$2.05M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Silicon Hills Wealth Management
Austin,
Texas
|
-$2.39M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.2M |
| 3 |
Mills Wealth Advisors
Southlake,
Texas
|
-$735K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$617K |
| 5 |
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$562K |
AVES Hedge Fund Activity: Q1 2023 in Review
59 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Avantis Emerging Markets Value ETF (AVES) for Q1 2023, worth a combined $127M — up 31% from $97.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AVES positions and 4 closed out — a net gain of 6 holders — while 30 added to existing stakes and 9 trimmed.
The largest buyer was Armbruster Capital Management, opening a new position worth an estimated $9.6M. The largest seller was Silicon Hills Wealth Management, cutting an estimated $2.39M.
- 59 institutional investors held Avantis Emerging Markets Value ETF (AVES) as of Q1 2023, up from 53 in Q4 2022.
- Funds reported $127M of Avantis Emerging Markets Value ETF stock for Q1 2023, up 31% quarter-over-quarter.
- 10 funds opened new Avantis Emerging Markets Value ETF positions in Q1 2023 and 4 closed out, a net change of +6 holders.
- The largest Avantis Emerging Markets Value ETF buyer in Q1 2023 was Armbruster Capital Management, an estimated $9.6M added.
- The largest Avantis Emerging Markets Value ETF seller in Q1 2023 was Silicon Hills Wealth Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q1 2023.