Global X MSCI China Communication Services ETF
CHIC
CHIC was delisted on the 16th of February, 2024.
12 hedge funds and large institutions have $1.73M invested in Global X MSCI China Communication Services ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
68% more capital invested
Capital invested by funds: $1.03M → $1.73M (+$704K)
9% more funds holding
Funds holding: 11 → 12 (+1)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$254K |
| 2 |
LPL Financial
San Diego,
California
|
+$241K |
| 3 |
Morgan Stanley
New York
|
+$56K |
| 4 |
C
Covestor
London,
United Kingdom
|
+$3.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$41.2K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.4K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$10.1K |
| 5 |
CT
Cambridge Trust
Cambridge,
Massachusetts
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
1
Old Mission Capital
Chicago,
Illinois
| $307K | -$41.2K | -2,537 | -12% |
|
|
BFG
2
Bleakley Financial Group
Fairfield,
New Jersey
| $269K | – | – | – |
|
|
SS
3
Simplicity Solutions
Minneapolis,
Minnesota
| $269K | +$254K | +15,649 | New |
|
|
4
LPL Financial
San Diego,
California
| $255K | +$241K | +14,828 | New |
|
|
FTUS
5
Flow Traders U.S.
New York
| $226K | -$10.1K | -622 | -5% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $173K | -$16.9K | -1,042 | -9% |
|
|
7
Morgan Stanley
New York
| $173K | +$56K | +3,455 | +52% |
|
|
C
8
Covestor
London,
United Kingdom
| $42K | +$3.42K | +211 | +9% |
|
9
Osaic Holdings
Scottsdale,
Arizona
| $5.78K | – | – | – |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $4.8K | -$10.4K | -641 | -70% |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
CT
13
Cambridge Trust
Cambridge,
Massachusetts
| – | -$2K | -133 | Closed |
|
CHIC Hedge Fund Activity: Q1 2023 in Review
12 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Global X MSCI China Communication Services ETF (CHIC) for Q1 2023, worth a combined $1.73M — up 68% from $1.03M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CHIC positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $254K. The largest seller was Old Mission Capital, cutting an estimated $41.2K.
- 12 institutional investors held Global X MSCI China Communication Services ETF (CHIC) as of Q1 2023, up from 11 in Q4 2022.
- Funds reported $1.73M of Global X MSCI China Communication Services ETF stock for Q1 2023, up 68% quarter-over-quarter.
- 2 funds opened new Global X MSCI China Communication Services ETF positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest Global X MSCI China Communication Services ETF buyer in Q1 2023 was Simplicity Solutions, an estimated $254K added.
- The largest Global X MSCI China Communication Services ETF seller in Q1 2023 was Old Mission Capital, an estimated $41.2K sold.
Based on aggregated 13F filings for Q1 2023.